Oil Prices Stall as Stocks Slip - Wall Street Journal

BY MADALINA IACOB NEW YORK -- Crude futures traded flat Friday, as traders look to equities for direction in a market haunted by weak oil demand.

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Light, sweet crude for September delivery recently traded two cents higher at $67.18 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded 21 cents higher at $69.46 a barrel. Crude futures traded as high as $67.68 a barrel earlier in the session, but traders have begun to worry about the strong correlation between oil and equities. Crude futures ...

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