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
Perry says it's too soon to say whether the U.S. will need to use its emergency crude reserves to offset the surge in oil prices.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
Golf star Tiger Woods returned to the PGA's Masters tournament in Augusta this week after a three-year break and longtime sponsor Nike has welcomed him back with an ad showing his career highlights.
From his earliest appearances as a child on TV to being interviewed by Oprah Winfrey and a clip from a well-known golf ball juggle ad, the 60-second spot shows a montage of his best moments.
It also shows a piece of golf history: the 2005 Masters when he pitched his ball 25 feet left of the hole in a shot that showed Nike's famous logo right by the hole for almost two seconds before going in.
Woods hasn't competed in the Masters since 2015 due to four back surgeries, and while he received a standing ovation while practicing Thursday, his performance was rather disappointing, settling for a one-over.
Nike has stuck by Woods through the 2009 expose of his extramarital affairs, when other sponsors such as Gatorade, AT&T and General Motors cancelled their contracts. The company also stayed with him when he was charged with driving under the influence when he was found asleep behind the wheel of his car.
Woods has won the Masters tournament four times, and his endorsement contracts are thought to be worth about $90 million a year. TV stations and sponsors are likely to cash in with his return: During the recent Arnold Palmer Invitational, Woods received 580 minutes of brand exposure, according to measurement company Nielsen.
And he doesn't even need to be inside the top five finishers for TV networks and sponsors to get maximum value. Network viewership increased 93 percent or by about 2 million more viewers on average during the first four events this season that Woods finished inside the top 25, Nielsen said.
Jessica Golden contributed to this report.