February 8, 2018
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Shares of California Resources Corp. jumped more than 17 percent on Monday as crude oil hit $81 a barrel, its highest price in almost four years.
Shares of California Resources Corp. gained more than 22 percent Friday, buoyed by the company’s quarterly financial results announced on Thursday.
California Resources Corp. has acquired the remaining surface and mineral rights to California’s largest natural gas-producing oil field from Chevron Corp., the company announced Monday.