Short Squeezes in Energy Could Actually Propel This ETF
July 22, 2021 at 18:00 PM EDT
The VanEck Vectors Oil Services ETF (NYSEArca: OIH) is retreating due to a sharp pullback in oil prices, but the famed oil services exchange traded fund could be primed for a rebound. There’s no denying that the proliferation of COVID-19 cases around the world due to the new delta variant is...