Shrugging Off M&A, Oil Services ETFs Need Higher Oil Prices
November 17, 2014 at 13:21 PM EST
Perhaps because it was seen coming as far back as last Thursday, news of Halliburton’s (NYSE: HAL) acquisition of rival Baker Hughes is not doing much to lift beaten up oil services exchange trade funds. The lack of enthusiasm displayed by the Market Vectors Oil Service ETF (NYSEArca: OIH) and the...