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Halliburton (HAL) Stock Falls Along With Crude Prices

NEW YORK (TheStreet) -- Shares of Halliburton (HAL - Get Report) are down by 3.13% to $37.49 in afternoon trading on Friday, as falling crude prices weigh on the oil sector today.

Crude prices are down after the the Federal Reserve made comments yesterday suggesting that the global economy was not yet healthy enough to raise interest rates.

The oil market had mixed reactions to the decision, according to CNBC, as demand concerns due to a not-yet healthy global economy put negative pressure on the market.

However, a weaker dollar means that buying crude, which is traded in dollars, remains cheap and therefore a potentially attractive investment.

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Industry standard Brent crude for November delivery is down 2.87% to $47.67 per barrel while West Texas crude for October delivery is down 4.65% to...


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