What’s in Store for Oil Services ETFs
September 01, 2015 at 09:00 AM EDT
Few equity-based exchange traded funds have enjoyed oil’s recent resurgence on par with the Market Vectors Oil Service ETF (NYSEArca: OIH). Usually tightly correlated to fluctuations in oil prices, OIH has surged 18.2% over the past five days as crude prices have rapidly erased this...