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
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
U.S. Secretary of Energy Rick Perry spoke to CNBC's "Squawk on the Street" on Monday following a series of drone attacks on Saudi Arabia's oil facilities caused the largest...Oilread more
U.S. Energy Secretary Rick Perry spoke to CNBC following drone strikes on Saudi Arabia's oil processing facilities.Oilread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit, while some energy stocks are shooting upward.Marketsread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to analyst Ming-Chi Kuo.Technologyread more
The Times updated an article detailing a previously unreported accusation against Justice Kavanaugh from when he was a Yale University student, noting that "the female student...Politicsread more
The U.S. dollar rose against the euro on Tuesday after concerns surrounding Deutsche Bank caused general unease over Europe's banking sector, while the Mexican peso rallied on short-covering after first U.S. presidential debate.
Deutsche Bank shares hit a record low on Tuesday before turning mostly flat a day after Germany's biggest lender said it had no need for German government help with a $14 billion U.S. demand to settle claims it missold mortgage-backed securities.
The euro was last down 0.51 percent at $1.1196, easing from an 11-day high of $1.1278 touched on Monday.
"Some of the concerns over the European banking system have caught fire or have come into focus more recently," said Mazen Issa, senior FX strategist at TD Securities in New York.
The perception among market participants that Democratic presidential candidate Hillary Clinton's performance in the first U.S. presidential debate was superior to that of Republican candidate Donald Trump boosted the peso.
The currency had touched a record low of 19.92 pesos against the dollar on Monday on concerns that a Trump victory would threaten Mexico's exports to the United States, its single biggest market.
The outcome of the debate led investors to cover peso short positions, said Richard Franulovich, senior currency strategist at Westpac Banking Corporation in New York.
Data from the U.S. Commodity Futures Trading Commission on Friday showed speculators had recently ramped up their bearish bets against the Mexican currency.
The dollar was last down 1.6 percent against the peso at 19.55 pesos after hitting an 11-day low of 19.44 pesos in early trading. The dollar was on track for its biggest daily drop against the peso in three weeks.
Relief that Clinton's performance was viewed as superior also likely helped the dollar gain against the euro given uncertainty surrounding a potential Trump presidency, Franulovich of Westpac said.
Markets have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for U.S. foreign policy, international trade deals or the domestic economy.
"You might argue that currencies like the yen and the euro had a defensive quality about them that were benefiting from Trump risk," he said.
The dollar was last mostly flat against the yen at 100.26 yen after falling 0.7 percent against the Japanese currency on Monday. The dollar index, which measures the greenback against a basket of six major currencies, was last up 0.33 percent at 95.609.