More M&A Could Arrive for Oil Services ETFs

The Market Vectors Oil Service ETF (NYSEArca: OIH) climbed almost 3.8% yesterday on volume that was more than 80% above average after Schlumberger (NYSE: SLB) said it will acquire rival Cameron International (NYSE: CAM) for $12.7 billion. While there are still concerns that Halliburton (NYSE: HAL)...