Citgo's fate hangs on PDVSA bond payment deadline

Capitol Crude: The US Oil Policy Podcast

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The future of Citgo and its three US refineries hangs on this weekend's deadline for the interim Venezuelan government to make a massive bond payment that it can't likely pay. The Guaido administration's ad-hoc PDVSA board could lose control of Citgo because the loan is backed by a 50.1% stake in...

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