Net income of $66 million, EBITDA1 of $281 million and Adjusted EBITDA1 of $290 million Total liquidity at quarter-end of $3.6 billion, including full availability ...

Venezuela-owned Citgo Petroleum joined other refiners in posting a sharp drop in third-quarter profit on Thursday, weighed ...

On Thursday, OFAC issued General License 5Q forbidding any transactions involving the debt instrument until March 7, 2025.

The new proposal by affiliate Amber Energy is $2 billion less than its original offer and has a different structure, in an ...

Amber Energy has submitted a lower-priced bid for Venezuela's PDV Holding (Citgo's parent company) with a direct payout to creditors, hoping to address their concerns from the initial offer.

An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp. in a ...

The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to ...

What is the price of crude oil today? WTI futures traded at $71.05 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 3.25%. Brent futures traded at $74.98/bbl, a drop of 0.04% in ...

What is the current oil price today? WTI futures traded at $71.08 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 3.21%. Brent futures traded at $75.01/bbl, an increase of 0.64% ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Citgo’s parent, PDV Holding, is being auctioned off in a Delaware court to satisfy over $20 billion in claims against Venezuela and its state-owned oil company PDVSA Amber Energy said that neither ...

Gregory J. Goff stepped down from the company’s board of directors on Oct. 17 to pursue “other business opportunities,” Exxon said in an Oct. 17 Form 8-K filing with the U.S. Securities and Exchange ...