Post Tagged with: "privatize oil company"

Source: Bloomberg

Bolsonaro wants to privatize Brazil’s state-owned Petrobras

World Oil

(Bloomberg) –Brazilian President Jair Bolsonaro said Thursday that he wants to privatize Petrobras, the state-controlled oil company that is under political pressure to lower fuel prices.

Shares of Petroleo Brasileiro SA, as the Rio de Janeiro-based producer is …