Conoco to spend less in 2015, below $16 billion
October 30, 2014 at 13:20 PM EDT
HOUSTON, Oct 30 (Reuters) - ConocoPhillips plans a capital budget below $16 billion next year and will defer spending on some of its less-developed areas, including the Permian Basin and Western Canada, if crude oil prices continue to slide, the company said on Thursday.