Good News for Oil Services ETFs Ahead?

With oil prices rebounding last year, it was not surprising to see oil services stocks and exchange traded funds in rally mode as well. For example, the VanEck Vectors Oil Service ETF (NYSEArca: OIH) and the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES) posted 2016 gains of 27.8% and 28.4%, respectively. As…Click to read more at ETFtrends.com.