Oil ETF’s Big Components Forecast Rising Spending
This article was originally published on ETFTrends.com.
When it comes to energy sector exchange traded funds that are highly correlated to oil prices and that provide important gauges of oil companies’ spending plans, the VanEck Vectors Oil Services ETF (NYSEArca: OIH) is one of the premier funds to consider. OIH, one of the largest oil services ETFs, is up about 28.40% this [...]