BP is acquiring the shale oil and gas assets from BHP Billiton for $10.5 billion.
The company is looking favorably upon international markets in the coming months as the turnaround of the drilling industry starts to take hold.
In the July Action Alerts PLUS members' call, Cramer brought in Jeff Marks, AAP Portfolio Senior Analyst, to talk about whether they should add to their BP position. Watch now to see what they decide to do!
Rising oil prices could pose a threat to stocks.
The market finishes mixed, but these are the headlines worth watching beyond Wall Street.
Jim Cramer and our other experts discuss the market and tech, Intel's challenging PC business, Starbucks, and oil stocks.
Crude prices are averaging about $72 a barrel. The impact on the economy is minuscule, analysts say.
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