July 11, 2006 at 1:38 am by Tom Lydon
Oil seems to be a topic everyone is talking about lately. And exchange traded fund providers (Barclays iShares and State Street Global Advisors) recently launched oil subsector ETFs to give investors more to talk about.
- SPDR Oil and Gas Equipment & Services (XES)
- iShares DJ U.S. Oil Equipment & Services (IEZ)
- SPDR Oil and Gas Exploration & Drilling (XOP)
- iShares DJ U.S. Oil and Gas Exploration & Production (IEO)
Roger Nusbaum looks at these ETFs as an attractive opportunity for investors, as he believes energy prices will remain high with global demand growing faster than the supply.
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