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Halliburton (HAL) Stock Climbs Along With Crude Prices

NEW YORK (TheStreet) -- Shares of Halliburton (HAL - Get Report) are up by 3.92% to $39.21 in afternoon trading on Tuesday, as rising crude prices lift the oil sector today.

Crude prices are continuing to rally as Russia has signaled that it is willing to work with industry leaders to reverse the slide in oil prices over the past year and a half.

Also lifting crude prices today is data from Genscape showing that inventories at the Cushing, OK storage hub fell by 150,000 barrels last week, according to CNBC.

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Industry standard Brent crude for November delivery is up 3.86% to $51.15 per barrel while West Texas crude for November delivery is up 3.46% to $47.86 per barrel.

Separately, TheStreet Ratings team rates HALLIBURTON CO as a Hold with a ratings...