An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked 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
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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
The Obama administration is mulling an extra sign-up period for tax filers who owe penalties for not carrying insurance in 2014, according to a Bloomberg report released on Friday.
The new period will give them an opportunity to avoid paying harsher fines in 2015, the report said.
"You're going to hear from us, one way or another, within the next two weeks on whether that's something that we would do," Health and Human Services Secretary Sylvia Mathews Burwell told Bloomberg. "It's an issue that's been raised."
The penalty for failing to have insurance in 2014 is the higher of $95 per person or one percent of taxable household income, but in 2015 it will be the higher of $325 or 2 percent of income.
As many as 6 million people are estimated to be subject to tax fines for failing to have health insurance last year, a top federal tax official said told CNBC.
—CNBC's Dan Mangan contributed to this report.