Oil Services ETFs Look to Pump Higher

Markets ETF Trends

The SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES), an equal-weight spin on oil equipment and services stocks, has traded slightly lower to start 2017, but a rally in crude prices could boost XES and rival oil services exchange traded funds. As crude oil prices rebound, shale hydraulic fracturing companies could increase spending…Click to read more at ETFtrends.com.

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