$1 Trillion in Halted Projects Puts Oil Services ETFs at Risk
January 02, 2015 at 08:20 AM EST
As oil prices fall, almost $1 trillion in oil projects may be left in limbo, pressuring a segment of the energy sector and related exchange traded funds that cater toward drillers. Oil services ETFs, like the Market Vectors Oil Service ETF (NYSEArca: OIH), iShares U.S. Oil Equipment & Services...
