RIO DE JANEIRO–Brazil’s recently discovered offshore oil fields will triple the country’s current crude oil output to six million barrels per day by 2035, making Latin America’s largest country a leading producer and exporter, the International Energy Agency said Tuesday. Brazil discovered billions of barrels of crude trapped under a thick layer of salt beneath the Atlantic Ocean off the country’s southeast coast, finds that will make the country the world’s sixth-largest producer and a major oil exporter, the IEA said. Development of the fields, however, will be complex and expensive when compared with other areas holding large oil reserves such as the Middle East or Russia, the IEA warned. Brazil currently produces about two million barrels of oil per day. In October, Brazil sold rights to develop one of the fields–the Libra prospect–to a group led by state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR) that also included […]