U.S. extends refiner Citgo’s protection from creditors through January

The U.S. Treasury Department on Wednesday extended Venezuelan oil refiner Citgo Petroleum's temporary protection from creditors to January amid an easing of sanctions on Venezuela's energy sector after a pact on a presidential election. The three-month extension again paves the way for payment settlements with creditors in the coming months, but does not stop the course of an auction of shares in Citgo's parent ordered by a U.S. court.