The leading bid for Citgo favors creditors whose collateral rights over the refiner are in dispute.

A U.S. federal judge trying to move ahead with an auction of shares in the parent of Venezuela-owned U.S. refiner Citgo ...

A U.S. court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum is recommending a judge choose a $3.7 billion offer by an affiliate of Contrarian Funds to ...

CITGO, a U.S.-based oil refiner and subsidiary of Venezuela's state-owned oil company PDVSA, is not publicly traded. Tariffs could be imposed on goods from China because of oil purchases from ...

A U.S. appeals court ruled on Monday that Crystallex International Corp. may seize U.S.-based stock of Citgo’s parent, which is part of Venezuela’s state-owned oil company, to cover a US$1.4 ...

Eight OPEC+ countries will increase output by 411,000 barrels a day next month, prompting oil prices to fall further. The leading bid for Citgo favors creditors whose collateral rights over the ...