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Halliburton Reacts to Changing Crude Oil Prices

Alex Chamberlin
Halliburton Reacts to Changing Crude Oil Prices

Halliburton’s (HAL) stock price correlation with crude oil on July 20–27 was 0.22. So, Halliburton and crude oil prices had a moderately positive correlation in the past week, which could mean that the stock was impacted less by crude oil’s movement on a daily basis.