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Halliburton (HAL) Stock Falling Amid Continued Decline in Oil Prices

2015-08-22 18:47:14| Oil & Gas - Topix.net

China's economic woes and an unrelenting global supply glut are pushing oil prices toward their longest losing streak, at eight weeks, in 29 years, according to Reuters. "The Chinese slowdown continues to dominate the oil market, causing persistent concerns over a serious decline of Chinese oil demand in the second half of the year," Myrto Sokou, senior analyst at Sucden Financial , told The Wall Street Journal .

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