Canadian oil producer Crescent Point Energy Corp. on Tuesday cut its capital-spending budget for 2015 by 28% from 2014 levels due to slumping oil prices, and said it is pursuing options to cut costs. Calgary, Alberta-based Crescent Point, like many of its peers in the oil patch, is scaling back spending plans to combat the more-than-50% drop in oil prices since last June. U.S. prices briefly fell below $50 a barrel Monday for the first time since April 2009, and continued to slide Tuesday , recently trading below $49 a barrel. Surging oil production in North America and a decline in global demand have led energy producers to rethink investment plans. In mid-December, Crescent Point’s Canadian peers, Husky Energy Inc. and Penn West Petroleum Ltd. , reduced capital-spending plans for 2015 due to the dramatic plunge in oil prices. Crescent Point, which called its budget plans “conservative and disciplined,” […]