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Apache Corp

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  • LONDON, Feb 13- Oil rose above $60 a barrel on Friday for the first time this year, bringing its gain this week to almost 4 percent, supported by signs that deeper industry spending cuts may curb excess supply. The price of Brent crude collapsed from $115 in June to $45.19, the lowest in almost six years, in January due to oversupply. Brent for April delivery was up 76...

  • BEIJING, Feb 13- Benchmark Brent crude hovered around $60 in Asia on Friday, up almost 4 percent this week as news of deeper industry spending cuts and a sinking U.S. dollar revived buying. Brent crude for April delivery was trading up 95 cents at $60.23 by 0704 GMT, after briefly gaining more than $1. "Brent April 15 seem to be trending very near to the resistance of...

  • BEIJING, Feb 13- Benchmark Brent crude held above $59 in Asia on Friday, up more than 3 percent this week as news of deeper industry spending cuts and a sinking U.S. dollar revived buying. Brent crude for April delivery was trading up 48 cents at $59.76 by 0428 GMT. "Brent April 15 seem to be trending very near to the resistance of $60.40 suggesting that it would more...

  • SEOUL, Feb 13- U.S. crude futures held above $51 a barrel on Friday, after it jumped on the previous session as news of deeper industry spending cuts and a sinking U.S. dollar revived buying. It rose $2.37 or 4.85 percent to settle at $51.21 on Thursday. *Expiring March Brent futures rose $2.39, or 4.37 percent to settle at $57.05 a barrel on the previous session.

  • Greece, euro zone may be in a stalemate, but... Thursday, 12 Feb 2015 | 11:13 AM ET
    Traders work the floor of the New York Stock Exchange.

    European markets are doing well, despite the recent clashes between Greece and the euro zone.

  • WILLISTON, N.D., Jan 30- Chevron Corp halted its 2015 share repurchase program on Friday, a move designed to conserve cash amid tumbling oil prices and its latest cost-cutting step after slashing capital spending. The move echoed similar steps earlier this week by Royal Dutch Shell, Hess Corp, ConocoPhillips and others to conserve cash in an environment where the...

  • Jan 28- Cenovus Energy Inc, Canada's No. 2 independent oil producer, cut its capital spending budget for 2015 in response to the slump in crude oil prices. The company said it could defer spending of up to C $700 million, mainly by suspending a bulk of its conventional drilling in southern Alberta and Saskatchewan and delaying long-term oil sands expansion and new...

  • Midday movers: Teva, Outerwall, Tiffany & more Tuesday, 20 Jan 2015 | 1:16 PM ET

    Some of Tuesday's midday movers:

  • Jan 2- Linn Energy LLC cut its 2015 capital budget by 53 percent to $730 million, joining other oil and gas producers in reducing expenditure in response to falling oil prices. Linn Energy shares were up about 16.6 percent at $11.81 in afternoon trading on Friday, after having fallen nearly 12 percent in premarket trading. Linn Energy also said GSO Capital...

  • Cramer: As ISIS grows, so do defense stocks Tuesday, 23 Dec 2014 | 6:56 PM ET
    A KC-135 Stratotanker from Fairchild Air Force Base, Wash., refuels a B-1B Lancer during a training exercise Sept. 23, 2014, over South Dakota.

    As the U.S. reduces its military budget, Jim Cramer sees allied countries are arming themselves. This is good news for one group of stocks.

  • Buy oil stocks? Supply side may adjust Tuesday, 23 Dec 2014 | 10:10 AM ET
    Manual shutdown equipment at an Anadarko Petroleum oil rig in Fort Lupton, Colorado, Aug. 12, 2014.

    Big oil stocks are still not cheap, but it may be more useful to look at capital expenditures and production estimate metrics.

  • Best-known is Continental Resources, which lifted its hedges in early November, when oil was trading at around $83 a barrel, leaving it unprotected as prices slipped another $20, the most dramatic drop since the 2008 crisis. Apache Corp and Whiting Petroleum are also exposed to lower prices and have underperformed some peers over the past two weeks.

  • Dec 10- Goodrich Petroleum Corp and Oasis Petroleum Inc said they expect to spend much less on exploration and production next year, joining a list of U.S. oil and gas companies cutting capital spending as oil prices plunge. Several large oil producers, including ConocoPhillips and Apache Corp, have set lower capital spending budgets for 2015, rattled by a near...

  • Dec 10- Goodrich Petroleum Corp said it would explore strategic options for all or a part of its Eagle Ford shale assets in South Texas to boost liquidity, as oil prices fall. Several oil producers, including ConocoPhillips, Apache Corp and Halcon Resources have set lower budgets for 2015 due to a near 40 percent drop in global crude prices. Goodrich, which also has...

  • Lightning Round: Connections to oil? Monday, 8 Dec 2014 | 7:24 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Midday movers: Starbucks, Google, Yahoo & more Friday, 5 Dec 2014 | 12:30 PM ET
    Wall Street New York Stock Exchange NYSE American Flags

    Some of Friday's midday movers:

  • WILLISTON, N.D./ HOUSTON, Dec 5- U.S. energy firms are swiftly shifting drilling rigs away from less productive areas and hunkering down in sweet spots of North Dakota and Texas shale oil fields as they try to lift output and cut costs in response to the toughest crude market in years. Rig deployments or applications for new well permits fell by half in recent months...

  • Midday movers: Biogen Idec, Priceline, BP & more Tuesday, 2 Dec 2014 | 12:43 PM ET
    Wall Street subway station NYSE

    Some of Tuesday's midday movers

  • Cramer Remix: Stocks with years of upside Monday, 10 Nov 2014 | 7:07 PM ET

    Long-term themes are driving growth in these companies for years to come, says "Mad Money" host Jim Cramer.

  • Jobs data, ECB could push stocks higher Wednesday, 5 Nov 2014 | 6:44 PM ET
    Mobern Lighting, manufacturing factory jobs workers

    Stocks could continue to tilt higher, as traders focus on U.S. jobless claims data and productivity and labor costs ahead of the Oct. jobs report.