The ongoing power struggle in Venezuela has extended to a row over who is managing its state oil firm PDVSA and its key asset, U.S. refiner Citgo Petroleum—and this could be decided by asking a judge in Delaware who the legitimate president of Venezuela is. Last week, U.S.-backed opposition leader Juan Guaido appointed new directors at the two companies in a challenge to Nicolas Maduro and in an effort to take control over Venezuela’s oil assets—pretty much the only assets that generate hard currency for the struggling Latin American country sitting on top of the world’s largest crude oil reserves. Citgo’s previous directors appointed by Maduro remain the management of the U.S. refiner at least on paper, but the new Guaido-appointed board held a meeting on Thursday and is set to pick a new chief executive officer. According to Bloomberg’s Jef Feeley and Bob Van Voris, it is likely […]