Citgo’s Venezuelan Crude Purchase Signals a Turn in US Policy
Following the capture of the President of Venezuela Nicolás Maduro, reports indicate that the U.S. has sold its first shipment of Venezuelan crude, fetching $500 million. At the same time, oil—the world’s sec…
#crypto #cryptopolicy #news
Following the capture of the President of Venezuela Nicolás Maduro, reports indicate that the U.S. has sold its first shipment of Venezuelan crude, fetching $500 million. At the same time, oil—the world’s sec…
#crypto #cryptopolicy #news
Citgo’s Venezuelan Crude Purchase Signals a Turn in US Policy
Following the capture of the President of Venezuela Nicolás Maduro, reports indicate that the U.S. has sold its first shipment of Venezuelan crude, fetching $500 million. At the same time, oil—the world’s second-largest asset by market capitalization—has climbed nearly 14% since the start of the year amid geopolitical strain and escalating trade wars. Citgo Acquires […]
news.bitcoin.com
February 2, 2026 at 2:15 AM
Citgo’s Venezuelan Crude Purchase Signals a Turn in US Policy
Following the capture of the President of Venezuela Nicolás Maduro, reports indicate that the U.S. has sold its first shipment of Venezuelan crude, fetching $500 million. At the same time, oil—the world’s sec…
#crypto #cryptopolicy #news
Following the capture of the President of Venezuela Nicolás Maduro, reports indicate that the U.S. has sold its first shipment of Venezuelan crude, fetching $500 million. At the same time, oil—the world’s sec…
#crypto #cryptopolicy #news
Citgo’s Venezuelan Crude Purchase Signals a Turn in US Policy
Citgo’s Venezuelan Crude Purchase Signals a Turn in US Policy
Following the capture of Nicolás Maduro, reports indicate that the U.S. has sold its first shipment of Venezuelan crude.
news.bitcoin.com
January 31, 2026 at 11:32 PM
Citgo’s Venezuelan Crude Purchase Signals a Turn in US Policy
Conflict of Interest Allegations Imperil Citgo's Court-Ordered Auction
https://wsnext.com/a4409ae-citgo-auction/
https://wsnext.com/a4409ae-citgo-auction/
Conflict of Interest Allegations Imperil Citgo's Court-Ordered Auction
Wilmington, Thursday, 22 January 2026.Legal challenges threaten to void the Citgo sale after the court accepted a bid $2.1 billion lower than a rival offer, raising serious conflict of interest concer
wsnext.com
January 22, 2026 at 4:23 PM
Conflict of Interest Allegations Imperil Citgo's Court-Ordered Auction
https://wsnext.com/a4409ae-citgo-auction/
https://wsnext.com/a4409ae-citgo-auction/
Here we go... Citgo's Lemont, IL refinery experienced a flaring event Sunday, as temps dropped to just +2F.
January 21, 2026 at 3:00 PM
Here we go... Citgo's Lemont, IL refinery experienced a flaring event Sunday, as temps dropped to just +2F.
The March 2025 OFAC restrictions made it undesirable for other companies to bid on Citgo's assets in the USA Delaware court auction.
A few weeks after Singer's Amber Energy won the bid, Trump ousted Maduro + suddenly reversed policy.
Singer's new refineries were engineered to refine VZ heavy crude
A few weeks after Singer's Amber Energy won the bid, Trump ousted Maduro + suddenly reversed policy.
Singer's new refineries were engineered to refine VZ heavy crude
January 18, 2026 at 3:43 PM
The March 2025 OFAC restrictions made it undesirable for other companies to bid on Citgo's assets in the USA Delaware court auction.
A few weeks after Singer's Amber Energy won the bid, Trump ousted Maduro + suddenly reversed policy.
Singer's new refineries were engineered to refine VZ heavy crude
A few weeks after Singer's Amber Energy won the bid, Trump ousted Maduro + suddenly reversed policy.
Singer's new refineries were engineered to refine VZ heavy crude
Venezuela asks US court of appeals to vacate sale order of Citgo's parent
Venezuela asks US court of appeals to vacate sale order of Citgo's parent
Parties representing Venezuela in a court-ordered auction of the parent of Venezuela-owned refiner Citgo Petroleum have requested a U.S. court of appeals to vacate a ruling last month by a Delaware judge that ordered the sale of the shares to an affiliate of Elliott Investment Management, the board that supervises the refiner said on Tuesday.
reut.rs
January 13, 2026 at 1:50 PM
Venezuela asks US court of appeals to vacate sale order of Citgo's parent
CITGO'S SUPERVISING BOARD SAYS WILL CONTINUE TO EXERCISE DEFENSES TO PROTECT THE COMPANY
January 13, 2026 at 1:19 PM
CITGO'S SUPERVISING BOARD SAYS WILL CONTINUE TO EXERCISE DEFENSES TO PROTECT THE COMPANY
CITGO'S SUPERVISING BOARD SAYS COURT-ORDERED AUCTION WAS TAINTED BY CONFLICTS OF INTEREST AND LEGAL ERRORS, UNDERMINING NEUTRALITY
January 13, 2026 at 1:19 PM
CITGO'S SUPERVISING BOARD SAYS COURT-ORDERED AUCTION WAS TAINTED BY CONFLICTS OF INTEREST AND LEGAL ERRORS, UNDERMINING NEUTRALITY
VENEZUELA PARTIES IN CITGO AUCTION REQUEST THAT US COURT OF APPEALS VACATE SALE ORDER OF CITGO'S PARENT, REFINER'S SUPERVISING BOARD SAYS
January 13, 2026 at 1:14 PM
VENEZUELA PARTIES IN CITGO AUCTION REQUEST THAT US COURT OF APPEALS VACATE SALE ORDER OF CITGO'S PARENT, REFINER'S SUPERVISING BOARD SAYS
Easy answer: it's not for the oil industry. Trump took out Maduro for Paul Singer of Elliot Investment Management (Amber Energy) who "won" the auction/sale for Citgo's parent company worth $5.9B.
If you're wondering what a regime change and the murder of nearly 200 people is worth = $5.9B.
If you're wondering what a regime change and the murder of nearly 200 people is worth = $5.9B.
January 12, 2026 at 6:55 PM
Easy answer: it's not for the oil industry. Trump took out Maduro for Paul Singer of Elliot Investment Management (Amber Energy) who "won" the auction/sale for Citgo's parent company worth $5.9B.
If you're wondering what a regime change and the murder of nearly 200 people is worth = $5.9B.
If you're wondering what a regime change and the murder of nearly 200 people is worth = $5.9B.
#GVerse #Shit4Brain's Citgo's Role in the "New Venezuela"
January 11, 2026 at 4:45 PM
#GVerse #Shit4Brain's Citgo's Role in the "New Venezuela"
2. He stands to gain CitGo’s US assets for the low price of $6B. Between him and Conoco-Phillips their lobbying of Trump has paid off with 3 refineries and redirected tankers to the U.S. for virtually free oil (if we believe Trump) to the tune of $50B +. Now the blackmail begins - send oil or else.
January 11, 2026 at 2:46 AM
2. He stands to gain CitGo’s US assets for the low price of $6B. Between him and Conoco-Phillips their lobbying of Trump has paid off with 3 refineries and redirected tankers to the U.S. for virtually free oil (if we believe Trump) to the tune of $50B +. Now the blackmail begins - send oil or else.
Ménage à trois ou 4: DJT, Chavez/Maduro & Paul Singer: In #Citgo’s 115-year history its been quietly & entirely owned by Venezuela & state-owned oil co. PDVSA since '90. Targeted in legal fights to pay lost assets to creditors->then expropriated by Hugo Chavez
www.commondreams.org/news/paul-si...
www.commondreams.org/news/paul-si...
Meet Paul Singer, the Billionaire Trump Megadonor Set to Make a Killing on Venezuela Oil | Common Dreams
Trump megadonor Paul Singer bought Citgo, the US subsidiary of Venezuela's state oil company, at a rock-bottom price last month. Now, the hedge fund "vulture" is expected to make a killing from Trump'...
www.commondreams.org
January 10, 2026 at 7:12 PM
Ménage à trois ou 4: DJT, Chavez/Maduro & Paul Singer: In #Citgo’s 115-year history its been quietly & entirely owned by Venezuela & state-owned oil co. PDVSA since '90. Targeted in legal fights to pay lost assets to creditors->then expropriated by Hugo Chavez
www.commondreams.org/news/paul-si...
www.commondreams.org/news/paul-si...
Back to those courts.
In November 2025, a US Court allows Singer's firm to buy CITGO, the US subsidiary of Venezuela’s state-run oil company, for $5.9 billion.
It's a massive discount for Singer, as the court acknowledges CITGO's true value is closer to *$13* billion.
www.wsj.com/articles/jud...
In November 2025, a US Court allows Singer's firm to buy CITGO, the US subsidiary of Venezuela’s state-run oil company, for $5.9 billion.
It's a massive discount for Singer, as the court acknowledges CITGO's true value is closer to *$13* billion.
www.wsj.com/articles/jud...
Judge Backs Elliott’s $6 Billion Bid for Venezuela’s Citgo
A federal judge said Elliott Investment Management’s offer, while not the highest, was the best and the most likely to close.
www.wsj.com
January 9, 2026 at 4:32 PM
Back to those courts.
In November 2025, a US Court allows Singer's firm to buy CITGO, the US subsidiary of Venezuela’s state-run oil company, for $5.9 billion.
It's a massive discount for Singer, as the court acknowledges CITGO's true value is closer to *$13* billion.
www.wsj.com/articles/jud...
In November 2025, a US Court allows Singer's firm to buy CITGO, the US subsidiary of Venezuela’s state-run oil company, for $5.9 billion.
It's a massive discount for Singer, as the court acknowledges CITGO's true value is closer to *$13* billion.
www.wsj.com/articles/jud...
Singer gave $8 million to Trump's 2024 campaign, a useful bribe since he'll need US approval of his Citgo buy.
While many oil cos. knew about the invasion in advance & will profit, Citgo's capacity to refine crap crude oil in facilities on the Gulf coast makes it likely to benefit the most. #maga
While many oil cos. knew about the invasion in advance & will profit, Citgo's capacity to refine crap crude oil in facilities on the Gulf coast makes it likely to benefit the most. #maga
Paul Singer, a billionaire known for bribing SCOTUS justice Samuel Alito & being a fascist-leaning elitist, somehow knew he needed to buy up a lot of CITGO stocks a few months ago.
He's not the only one who was tipped off well in advance that Trump would be stealing Venezuela's oil. #maga
He's not the only one who was tipped off well in advance that Trump would be stealing Venezuela's oil. #maga
January 8, 2026 at 8:58 PM
Singer gave $8 million to Trump's 2024 campaign, a useful bribe since he'll need US approval of his Citgo buy.
While many oil cos. knew about the invasion in advance & will profit, Citgo's capacity to refine crap crude oil in facilities on the Gulf coast makes it likely to benefit the most. #maga
While many oil cos. knew about the invasion in advance & will profit, Citgo's capacity to refine crap crude oil in facilities on the Gulf coast makes it likely to benefit the most. #maga
"Singer acquired Citgo at a bargain price in large part due to the embargo...on Venezuela oil imports to the United States. Citgo’s refiners are purpose-built to process heavy-grade Venezuelan “sour” crude. As a result, Citgo was forced to source oil from more expensive sources..."
Trump’s Venezuela move could deliver a big win for this MAGA billionaire
Hedge funder Paul Singer, whose firm acquired Citgo at a bargain price, has much to gain from Nicolás Maduro's ouster.
www.motherjones.com
January 7, 2026 at 10:54 PM
"Singer acquired Citgo at a bargain price in large part due to the embargo...on Venezuela oil imports to the United States. Citgo’s refiners are purpose-built to process heavy-grade Venezuelan “sour” crude. As a result, Citgo was forced to source oil from more expensive sources..."
Krugman on Trump's fanciful claim he's opening the spigots for Venezuelan crude (though Citgo's new U.S. owner may profit). Delta Force as oil magnate enforcer? open.substack.com/pub/paulkrug...
The Emperor’s New Oil Wealth
The truth behind Trump’s black, sticky fantasy
open.substack.com
January 7, 2026 at 8:53 PM
Krugman on Trump's fanciful claim he's opening the spigots for Venezuelan crude (though Citgo's new U.S. owner may profit). Delta Force as oil magnate enforcer? open.substack.com/pub/paulkrug...
Behind the headlines this week, Paul Singer's Elliot Management hedge fund appears to be the big winner in the Gulf, with Citgo's three major refineries most likely benefiting even with the WTI crude price hovering at a historically low $56/barrel.
substack.com/home/post/p-...
substack.com/home/post/p-...
Cult 45(q and z) and the Failure of the Elites
Political elites in both parties are not reading the room on biofuels
substack.com
January 7, 2026 at 3:25 PM
Behind the headlines this week, Paul Singer's Elliot Management hedge fund appears to be the big winner in the Gulf, with Citgo's three major refineries most likely benefiting even with the WTI crude price hovering at a historically low $56/barrel.
substack.com/home/post/p-...
substack.com/home/post/p-...
That’s exactly trump tried to do - Venezuela was appealing the forced sale of Citgo’s parent company shares to a US hedge fund, as adjudicated by a Delaware judge. From Dec 2nd:
www.reuters.com/world/venezu...
www.reuters.com/world/venezu...
Venezuela rejects sale of Citgo's parent, vice president says
Venezuelan Vice President and Oil Minister Delcy Rodriguez said on Tuesday the South American country rejects the 'fraudulent' and 'forced' sale of the parent company of refiner Citgo Petroleum in a l...
www.reuters.com
January 7, 2026 at 3:25 PM
That’s exactly trump tried to do - Venezuela was appealing the forced sale of Citgo’s parent company shares to a US hedge fund, as adjudicated by a Delaware judge. From Dec 2nd:
www.reuters.com/world/venezu...
www.reuters.com/world/venezu...
Was Venezuela “foreclosed”?
Maduro’s capture didn’t magically clear Citgo’s title.
Sanctions. US courts. Hedge funds. Sovereign crises.
Citgo isn’t just an oil story—it’s the future of power. ✍️ P. SESH KUMAR
#VenezuelaCrisis #NicolasMaduro 👇
theraisinahills.com/venezuela-re...
Maduro’s capture didn’t magically clear Citgo’s title.
Sanctions. US courts. Hedge funds. Sovereign crises.
Citgo isn’t just an oil story—it’s the future of power. ✍️ P. SESH KUMAR
#VenezuelaCrisis #NicolasMaduro 👇
theraisinahills.com/venezuela-re...
Venezuela Regime Change: Citgo Story and Delaware Courtroom - The Raisina Hills
Did Maduro’s capture unlock the Citgo sale? A forensic look at how U.S. courts, sanctions, and hedge funds shape Venezuela’s fate.
theraisinahills.com
January 7, 2026 at 3:07 AM
Was Venezuela “foreclosed”?
Maduro’s capture didn’t magically clear Citgo’s title.
Sanctions. US courts. Hedge funds. Sovereign crises.
Citgo isn’t just an oil story—it’s the future of power. ✍️ P. SESH KUMAR
#VenezuelaCrisis #NicolasMaduro 👇
theraisinahills.com/venezuela-re...
Maduro’s capture didn’t magically clear Citgo’s title.
Sanctions. US courts. Hedge funds. Sovereign crises.
Citgo isn’t just an oil story—it’s the future of power. ✍️ P. SESH KUMAR
#VenezuelaCrisis #NicolasMaduro 👇
theraisinahills.com/venezuela-re...
Yes, it's basically the same as Canadian tar sands and we slurp down a LOT of it. Everyone keeps saying we can't, it's not true. There was a bidding war just last year over CITGO's refinery Texas. As far as I can tell, ~20 years ago most of the oil went to the USA for refinement before sanctions
January 7, 2026 at 2:29 AM
Yes, it's basically the same as Canadian tar sands and we slurp down a LOT of it. Everyone keeps saying we can't, it's not true. There was a bidding war just last year over CITGO's refinery Texas. As far as I can tell, ~20 years ago most of the oil went to the USA for refinement before sanctions
"Singer acquired Citgo’s three massive coastal refineries, 43 oil terminals, and more than 4,000 gas stations at a ‘major discount’ because of its distressed status. Advisers to the court overseeing the sale estimated its value at $11-13 billion..."
January 7, 2026 at 1:50 AM
"Singer acquired Citgo’s three massive coastal refineries, 43 oil terminals, and more than 4,000 gas stations at a ‘major discount’ because of its distressed status. Advisers to the court overseeing the sale estimated its value at $11-13 billion..."
This might be the real reason Trump is obsessed with Venezuela and its oil. Surprise his billionaire backer bought Citgo and its Gulf Coast heavy oil refineries back in November.
"Citgo’s refiners are purpose-built to process heavy-grade Venezuelan “sour” crude."
"Citgo’s refiners are purpose-built to process heavy-grade Venezuelan “sour” crude."
The Trump administration's raid on Venezuela has set up a potential windfall for a prominent Trump-supporting billionaire, investor Paul Singer.
Trump’s Venezuela move could deliver a big win for this MAGA billionaire
Hedge funder Paul Singer, whose firm acquired Citgo at a bargain price, has much to gain from Nicolás Maduro's ouster.
www.motherjones.com
January 6, 2026 at 11:25 PM
This might be the real reason Trump is obsessed with Venezuela and its oil. Surprise his billionaire backer bought Citgo and its Gulf Coast heavy oil refineries back in November.
"Citgo’s refiners are purpose-built to process heavy-grade Venezuelan “sour” crude."
"Citgo’s refiners are purpose-built to process heavy-grade Venezuelan “sour” crude."