Fed Weeks Are Unkind to Energy ETFs
September 22, 2017 at 10:37 AM EDT
The VanEck Vectors Oil Service ETF (NYSEArca: OIH), the largest oil services ETF, is down about 25%, a loss that overshoots that of the broader energy sector. If history repeats, OIH could see near-term weakness following this week’s Federal Reserve meeting. Other oil services ETFs include...