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
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
All six crew members on a California dive boat that erupted in flames on Labor Day, killing 34 people, were sleeping when the fire broke out, the National Transportation Safety Board said on Thursday.
A U.S. Coast Guard spokesman has previously said that a safety certificate for the 75-foot Conception required that at least one crew member serve as a "night watchman" on the ship while passengers slept.
The disclosure came in a preliminary report issued by the NTSB, which says that crew members were not aware of any electrical or mechanical issues with the vessel before the blaze.
The NTSB said it was still trying to determine what sparked the flames.The Conception caught fire at about 3:15 a.m. on Sept. 2 and sank off Santa Cruz Island. Only five crew members escaped. Recovery of the final body had been delayed by weather conditions that complicated dive operations.