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KQEH Nightly Business Report December 11, 2015

Energy shares were among todays tom performers even as one of the biggest names in the sector said it will slash its capital spending. More on that in just a moment. By the close today the dow industrials rose 82 points to 17,574. Nasdaq gained 22. And the s p 500 added 4. As for domestic crude, it fell another 1 to close at 36. 76 a barrel. A report from opec pressured prices. The cartel says it pumped more oil in november than during any month in the past three years. Those low oil prices prompting Conoco Phillips to cut spending on projects next year by 25 . It also follows similar moves by other oil companies. Response in the stock price was positive with shares rising about 1 1 2 . Morgen brennan has more on the latest Energy Company to feel the heat from the slide in crude. The u. S. Oil major releasing its operating plan and
United States , United Arab Emirates , North Carolina , San Diego , District Of Columbia , Mattias Mueller , Dennis Lockhart , Mike Jackson , Conoco Philips , Sharon Epperson , Martin Feldstein , Morgen Brennan , Conoco Phillips , Morgan Brennan , Mary Thompson , Doug Mcmillan , Phil Lebeau , Oil Prices , Stock Price , Energy Company , Plan Capital , Capital Budget , Capital Expenditures , Reduction Company , Energy Companies , Largest Energy ,

KQED Nightly Business Report December 11, 2015

Whats even more peculiar, Energy Shares were among todays tom performers even as one of the biggest names in the sector said it will slash its capital spending. More on that in just a moment. By the close today the dow industrials rose 82 points to 17,574. Nasdaq gained 22. And the s p 500 added 4. As for domestic crude, it fell another 1 to close at 36. 76 a barrel. A report from opec pressured prices. The cartel says it pumped more oil in november than during any month in the past three years. Those low oil prices prompting Conoco Phillips to cut spending on projects next year by 25 . It also follows similar moves by other oil companies. Response in the stock price was positive with shares rising about 1 1 2 . Morgen brennan has more on the latest Energy Company torg feel the heat from the slide in crude. The u. S. Oil ....

United States , United Arab Emirates , North Carolina , San Diego , District Of Columbia , Mattias Mueller , Dennis Lockhart , Mike Jackson , Conoco Philips , Sharon Epperson , Martin Feldstein , Morgen Brennan , Conoco Phillips , Morgan Brennan , Mary Thompson , Doug Mcmillan , Phil Lebeau , Energy Shares , Oil Prices , Stock Price , Energy Company , Plan Capital , Capital Budget , Capital Expenditures , Reduction Company , Energy Companies ,

KQED Nightly Business Report December 11, 2015

Whats even more peculiar, Energy Shares were among todays tom performers even as one of the biggest names in the sector said it will slash its capital spending. More on that in just a moment. By the close today the dow industrials rose 82 points to 17,574. Nasdaq gained 22. And the s p 500 added 4. As for domestic crude, it fell another 1 to close at 36. 76 a barrel. A report from opec pressured prices. The cartel says it pumped more oil in november than during any month in the past three years. Those low oil prices prompting Conoco Phillips to cut spending on projects next year by 25 . It also follows similar moves by other oil companies. Response in the stock price was positive with shares rising about 1 1 2 . Morgen brennan has more on the latest Energy Company to feel the heat from the slide in crude. The u. S. Oil m ....

United States , United Arab Emirates , North Carolina , San Diego , District Of Columbia , Mattias Mueller , Dennis Lockhart , Mike Jackson , Conoco Philips , Sharon Epperson , Martin Feldstein , Morgen Brennan , Conoco Phillips , Morgan Brennan , Mary Thompson , Doug Mcmillan , Phil Lebeau , Energy Shares , Oil Prices , Stock Price , Energy Company , Plan Capital , Capital Budget , Capital Expenditures , Reduction Company , Energy Companies ,