Why in News? 

Brazil's government has recently authorized the country's membership in OPEC+, the coalition of leading oil-exporting nations. 

About  

• OPEC+ is a coalition of 22 oil-exporting countries. 
• The group meets regularly to decide the quantity of crude oil to be sold on the global market. 
• Its primary aim is to coordinate oil production and ensure stability in the oil market. 

 Origin  

• Established in late 2016 to formalize cooperation between OPEC and non-OPEC oil-producing countries. 
• The framework was created to promote regular and sustainable collaboration on oil production decisions. 

 Members  

• 12 OPEC countries: Algeria, Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and Venezuela. 
• 10 non-OPEC countries: Azerbaijan, Bahrain, Brunei, Kazakhstan, Russia, Mexico, Malaysia, South Sudan, Sudan, and Oman.