Vaneck Vectors Oil Services Etf ETF News

With the beginning of a coordinated campaign of strategic petroleum reserve releases and the threat posed by the new Omicron variant of Covid-19, traders have piled into oil shorts on the expectation of a pick-up in supply and a hit to demand. However, the cyclical fundamental problem of a lack of incentive for new oil [] The post Oil Stocks Set to Reap Huge Benefits from Undersupply Regime (PXD, CEI, MTDR, FANG, HP, HES, OIH, XOP) appeared first on Wall Street PR .

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