ETF / Finance

Encouraging Signs for an Oil Services ETF

From ETF Trends
March 17, 2017 - 11:13am
With oil prices and energy equities sagging to start 2017, it is not surprising that the oil services industry, a group often highly correlated to oil prices, is following suite. For example, the VanEck Vectors Oil Service ETF (NYSEArca: OIH), the largest oil services exchange traded fund, is lower by 7.1\% year-to-date. However, some analysts…

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