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Venezuela's State Oil Company Bonds Collapse After Court Ruling

U.S. Court Ruling Sends Venezuela's Oil-Backed Bonds into Collapse

A day after a New York court ruling that Venezuelan law would determine the validity of bonds issued by state-run PDVSA oil company, Bloomberg reports that bonds have “collapsed”

Venezuela's State Oil Company Bonds Collapse After Court Ruling

Bonds from state-owned Petroleos de Venezuela SA collapsed after New York State s top court ruled Venezuelan law will determine whether the debt is valid.

Refiner Citgo posts 19% gain in Q3 profit on higher throughput

Why Venezuela Is About to Lose Its Oil Crown Jewel

(Bloomberg) Venezuela is entering the final stage of a long legal battle in which its most valuable foreign asset, Citgo Petroleum Corp., will be auctioned off to settle claims against the government and its oil company. Most Read from BloombergWall Street Trading Rattled by Wild Treasury Moves: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground Wa