Brazil's rapidly expanding offshore oil and natural gas production is positioning the country as one of the world's most important non-Middle Eastern energy suppliers amid rising global supply risks.

South America has become the largest source of new oil exports in 2026, adding 155 million barrels of exports through May.

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead ...

Brazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping ...

RIO DE JANEIRO (Reuters) -BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes well for Equinor's nearby interests and strong ...

Brazil's federal environment workers, represented by the union Ascema, have proposed a deal to end their strike that has hindered oil and gas project permits in the Amazon rainforest. The strike, ...

The South American nation is drawing scrutiny for opening a large swath of ocean to oil companies as it prepares to hold the COP30 conference. As officials from Brazil, the host of this year’s COP30 ...

July NY world sugar #11 (SBN26) on Friday closed down -0.13 (-0.91%), and Aug London ICE white sugar #5 (SWQ26) closed down ...