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Actionable news in LPI: LAREDO PETROLEUM Inc,

Laredo Petroleum (LPI) Stock Down, Oil Prices Fall

NEW YORK (TheStreet) -- Shares of Laredo Petroleum (LPI - Get Report) are down 0.63% to $11.10 early Friday afternoon as oil prices continue to decline after hitting a six-month, more than 3% high on Wednesday.

Crude oil (WTI) is falling 0.61% to $46.09 per barrel, while Brent oil is down 0.38% to $47.70 per barrel.

Prices began to slip after Wednesday when the dollar hit a two-week high, making it more expensive for foreign investors to hold oil positions, Reuters reports.

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This morning, Laredo's stock was upgraded to "neutral"...