Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.Oilread more
The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 2007.Autosread more
Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.Energyread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
OxyContin maker Purdue Pharma filed for Chapter 11 bankruptcy protection on Sunday.Health and Scienceread more
Saudi Arabia on Saturday shut down half its oil production after a series of drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's...Futures & Commoditiesread more
U.S. stock futures sank amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
The recommendations include changing corporate reporting structures, creating a new safety group, and changing the cockpits of future planes to accommodate new pilots with...Aerospace & Defenseread more
The state would become the second in the country, behind Michigan, to ban the sale of fruit flavored e-cigarettes, which are popular with teenagers.Health and Scienceread more
U.S. stock index futures signaled a softer open on Friday, as all eyes turn to the latest labor market report -- a key indicator of the health of the U.S. economy.
The Labor Department is expected to report the creation of 230,000 nonfarm payrolls in January, with the unemployment rate holding steady at 5.6 percent and wage growth of 0.3 percent. Last month, a 0.20 percent decline, or a 5-cent drop, in hourly earnings jarred markets.
The total nonfarm payroll accounts for about 80 percent of the workers who produce the entire gross domestic product of the United States. The data is due at 08:30 a.m. ET. Consumer credit figures for December are also due for release at 15:00 p.m. ET.
In Europe, equities traded lower after Greece's talks with Germany – the euro zone's largest economy – over the future of its bailout program had mixed success.
On Thursday, Greek Finance Minister Yanis Varoufakis met his German counterpart Wolfgang Schaeuble in Berlin after a week of touring European capitals in an effort to drum up support for Greece's new proposals over its debt and bailout program.
Following the talks, Schaeuble said the ministers had "agreed to disagree."
The Greek government is under pressure to find a solution to its funding situation as international lenders are unwilling to release its latest tranche of aid until it makes a commitment to continue with the conditions of its bailout.
In oil markets, crude oil prices rallied on Friday, continuing a rebound from near-six-year lows seen last week, with Brent crude futures $1.90 higher at $58.50 a barrel, and U.S. crude for March delivery up $1.70 at $52.14 a barrel at around 05:30 am ET.
Evelyn Cheng contributed to this report.