Oil Services ETF Breaks Out as Syria Crisis Escalates
September 06, 2013 at 16:25 PM EDT
The oil services exchange traded fund is breaking out after Russia stepped in, reportedly backing Syria in case of U.S. military intervention. The Market Vectors Oil Services ETF (NYSEArca: OIH) was up 1.2% Friday, trading just below $47 and testing its 52-week high. OIH increased 20.1%...