Currently trading at an eight-year high with strong bullish sentiment in the sector.

Shows more resilience than the broader energy sector; oil service companies are seen as vital amid global supply tensions.

Highlighted as a 'picks and shovels' investment alongside XLE, offering a potentially more stable way to gain exposure to the energy sector than the commodity itself.

The ETF for the oil services sector is starting to 'break out big time' if it can get over $360 and is showing bullish momentum.

Mentioned as a practical way to invest in the bullish theme on oilfield services companies.