Oil markets have seen thin liquidity and rangebound prices this week, with ICE Brent hovering near $66 a barrel as traders focus almost entirely on the upcoming Trump–Putin meeting in Alaska.

A federal judge on Thursday postponed a hearing intended to determine the winner of an auction for control of Citgo Petroleum. Circuit Court Judge Leonard Stark said he would set a new date for the ...

Citgo Petroleum, the U.S. refining arm owned by Venezuela, reported second-quarter net earnings of $100 million, rebounding ...

Trader Vitol and vulture fund Elliott Management look to supplant a $7.4 billion offer from Gold Reserve recommended by a court officer.

A U.S. federal court on Thursday approved the rescheduling of a long-awaited sale hearing originally planned for next week to ...

A court officer in Delaware overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has ...

This move comes amid a complex auction process designed to settle debts owed by Venezuela and its state oil company PDVSA to ...

A Delaware court officer has delayed the final hearing of an auction involving Citgo Petroleum shares. This follows the ...

A Delaware court officer has requested delaying the final hearing in the Citgo Petroleum auction due to unexpected bids.

An Elliott Investment Management affiliate submitted a last-minute bid in the court-ordered auction for Citgo Petroleum Corp.’s parent, according to a letter filed in Delaware legal proceedings.

Amber Energy, an affiliate of New York-based investment firm Elliott Investment Management, has submitted a last-minute bid ...

Amber is an affiliate of prominent activist investment firm Elliott Management.