Energy Services ETFs Find Support From Record Oil Rig Demand
August 11, 2014 at 08:20 AM EDT
The energy services industry and related exchange traded funds are striking oil as the U.S. increase the number of rigs to develop and expand the country’s untapped oil sources. Year-to-date, the Market Vectors Oil Services (NYSEArca: OIH) is up 10.5% and iShares Dow Jones U.S. Oil Equipment...