Oil Services ETFs Could Boom as Shale Drillers Expand

Markets ETF Trends

As crude oil prices rebound, shale hydraulic fracturing companies could increase spending on exploration and production next year, supporting further gains in energy services-related exchange traded funds. With improved oil prices, banks are more willing to extend credit lines to leveraged hydraulic fracturing or fracking companies that are looking to boost market share for the…Click to read more at ETFtrends.com.

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