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Halliburton (HAL) Stock Slips as Oil Prices Drop

NEW YORK (TheStreet) -- Shares of Halliburton (HAL) are down 0.73% to $45.13 this morning as oil prices slump.

Crude oil (WTI) is down 1.83% to $45.11 per barrel and Brent crude is falling 1.87% to $46.72 per barrel.

Oil prices are lower this morning after an attempted coup in Turkey on Friday, CNBC reports.

An oil chokepoint in Istanbul that handles about 3% of global shipments reopened on Saturday after closing due to the unrest in the country.

A report by Morgan Stanley raised concerns about the long-term outlook on oil usage. Demand for...