Maybe Some Green Shoots for an Oil Services ETF
March 13, 2015 at 08:20 AM EDT
Oil’s tumble has taken a toll on a bevy of equity-based exchange traded funds, perhaps none more so than oil services ETFs. Earlier this year, Goldman Sachs estimated that $930 billion in global oil projects would not be profitable if Brent crude traded at a $70 handle. Brent for April delivery...