Assessing the Near-Term Outlook for Oil Services ETFs
July 19, 2016 at 13:22 PM EDT
With often tight correlations to crude oil futures, it is not surprising that oil services exchange traded funds are benefiting this year as oil rebounds. For example, the VanEck Vectors Oil Service ETF (NYSEArca: OIH), the largest oil services exchange traded fund, is higher by nearly 12%. While...