ConocoPhillips plans to spend less in 2015 as crude price falls

    Several oil producers have set lower budgets for 2015, following a 42 percent drop in global crude prices since June.     Oil and gas producer ConocoPhillips said its capital budget for 2015 would drop 20 percent to $13.5 billion, amid a steep decline in global crude prices.     ConocoPhillips said it would “defer significant...