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Brazil to join OPEC by the end of 2024? No: real money 92%, play money 79% Yes: real money 8%, play money 21% Volume: real money 702.92878865, play money 43046.19 Bettors: real money 13, play money 53 Categories: Politics, World Politics, Multilateral Organizations Related markets Brazil's Supreme Court expanded to more than 11 seats by the end of 2026? (ID: 161038) Volume: real 161.94219097, play 150270.53470951 Bettors: real 20, play 267 Leading (real money): Brazil's Supreme Court expanded to more than 11 seats by the end of 2026? 13% Leading (play money): Brazil's Supreme Court expanded to more than 11 seats by the end of 2026? 4% Brazil to reduce illegal deforestation by at least 50% by 2026? (ID: 134871) Volume: real 1069.87900473, play 444831.44739855 Bettors: real 43, play 1218 Leading (real money): Brazil to reduce illegal deforestation by at least 50% by 2026? 62% Leading (play money): Brazil to reduce illegal deforestation by at least 50% by 2026? 29% Petrobras' privatization to begin by the end of Lula's term? (ID: 156870) Volume: real 1154.46032057, play 215051.8512818 Bettors: real 27, play 405 Leading (real money): Petrobras' privatization to begin by the end of Lula's term? 7% Leading (play money): Petrobras' privatization to begin by the end of Lula's term? 4% Lula to finish his presidential term? (ID: 166905) Volume: real 6536.79584312, play 940200.72299779 Bettors: real 100, play 1867 Leading (real money): Lula to finish his presidential term? 95% Leading (play money): Lula to finish his presidential term? 91% Impeachment of any of Brazil's Supreme Court Justices by the end of 2026? (ID: 161037) Volume: real 2000.85644531, play 254958.26429136 Bettors: real 42, play 548 Leading (real money): Impeachment of any of Brazil's Supreme Court Justices by the end of 2026? 8% Leading (play money): Impeachment of any of Brazil's Supreme Court Justices by the end of 2026? 20%

Brazil to join OPEC by the end of 2024?

Market Rules

In October of 2019, Saudi Arabia has informally invited Brazil to join the Organization of Petroleum Exporting Countries (OPEC). After that, the Brazilian Minister of Energy Bento Albuquerque started conducting negotiations surrounding the topic, as Brazil remains a huge oil exporter to the world.

If by the end of 2024 Brazil obtains the status of member of OPEC this market will resolve to "Yes". This condition will NOT be fulfilled if Brazil becomes part of the non-member associates of OPEC+.

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