Brazil Could Frustrate OPEC's Oil Market Management Policy Brazil's oil production has started to recover following a plunge earlier this year as many offshore platforms underwent planned repairs and maintenance work. After a 25% drop in Brazilian output at the beginning of the year, platforms are returning from maintenance and producing more oil. Earlier-than-expected starts to some projects are also set to help Brazil recover its oil output later this year, and production could exceed forecasts, some analysts say.…
