Brazil President Jair Bolsonaro’s government said it aims to include state oil company Petrobras (PETR4.SA) in its privatization program on Thursday, despite analysts calling it a long-shot for the far-right leader seeking reelection. Rather than triggering privatization in itself, the move – not final until Bolsonaro signs a decree – would enable the country’s Investment Partnerships Program (PPI) to start evaluating the project less than six months before presidential elections. Bolsonaro has been a harsh critic of Petrobras fuel pricing policy amid a surge in the cost of gasoline stoked by war in Ukraine that has become a hot topic in the run-up to the elections. He also floated the idea of splitting Petrobras into various pieces […]