These are the stocks posting the largest moves before the bell.Market Insiderread more
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
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 on Monday, while some energy stocks are shooting upward.Marketsread 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
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
U.S. stock futures are under pressure Monday as oil prices spike after Saturday's coordinated strikes on key Saudi oil interests.Marketsread more
In the past few weeks, the S&P 500 has waged a 6% rally, pulling within 1% of its late-July record high by Friday's close.Trading Nationread 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 U.S. has to lift all the tariffs placed on Chinese goods if there is to be a trade deal, China's Ministry of Commerce said on Thursday.
"If the two sides are to reach a deal, all imposed tariffs must be removed," Ministry of Commerce spokesman Gao Feng said on Thursday. "China's attitude on that is clear and consistent."
The two countries reached a truce in their year-long trade war last week at the G-20 summit in Japan. President Donald Trump and Chinese leader Xi Jinping agreed to hold off on imposing new tariffs and start negotiations again. Trump also decided to ease his ban on American companies selling products to Chinese telecom giant Huawei. China said it would continue to buy U.S. agricultural products.
However, Trump said after the G-20 meeting that the 25% tariffs currently imposed on $250 billion in Chinese goods will not be reduced.
While the two nations reached an agreement, which was similar to the one at the G-20 summit in Argentina at the end of 2018, there are still many sticking points including the issue of intellectual property that could deter a long-term deal.