Oil Services ETFs Contend With Lower Industry Spending
November 09, 2015 at 08:30 AM EST
The Market Vectors Oil Service ETF (NYSEArca: OIH), the largest oil services exchange traded fund, jumped 3.5% last week, but significant reductions in industry spending loom large over OIH and rival oil services ETFs. About $1.5 trillion of potential global investment, including money that could...