Fall in oil prices drag futures lower

(Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Wednesday as investors shied away from riskier assets on the prospect of persistently low oil prices, which raised concerns about weak global economic growth. Oil prices slipped after Saudi Arabia effectively ruled out output cuts by major producers and a U.S. industry report showed crude stockpiles hit a record. March futures on the S&P TSX index were down 1.24 percent at 7:30 a.m. ET. ...