VanEck Oil Services ETF

NYSE ARCA: OIH
$321.34
-$3.95 (-1.2%)
Closing price April 17, 2024
The VanEck Oil Services ETF is a fund that focuses on the energy sector, specifically companies involved in oil and gas drilling and services. Managed by Van Eck Associates Corporation, it aims to mirror the performance of the MVIS US Listed Oil Services 25 Index. This ETF invests in a mix of growth and value stocks across various market sizes, offering investors exposure to the oil services industry. Established in 2011, it is a way for investors to tap into the energy market through a diversified approach.
It seems impossible to think that a commodity price could trade below zero. Particularly when you are talking about oil, which still powers most of the world’s transportation at this time. While...
It turns out that those temporary inflation fears that pop up from time to time get a reprieve every time the price of oil tanks.
Oil stocks are down and out in 2019, but there are seven of the biggest names in oil and gas that analysts on Wall Street now see massive upside in for value investors. Some are even called to rise...
Just when it looked as if crude oil prices were going to pull back, suddenly a one-day surge has taken oil back above $60 per barrel.
One sector that had been a perpetual underperformer of the great bull market has been the energy sector. But times have changed.
Reported cuts in world crude oil production and encouraging words on the U.S.-China trade talks have overcome significant increases in U.S. petroleum inventories to keep prices about 2% above last...
The U.S. crude oil inventory added 1.3 million barrels last week according to the weekly report from the Energy Information Administration.
The U.S. crude oil inventory remained virtually unchanged week over week for the week ended on December 28. Crude prices have been rising on reports of fresh trade talks between the United States and...
The U.S. commercial crude oil inventory dropped by less than 1 million barrels last week while gasoline and diesel fuel supplies fell as well. The overall inventory drop was not enough to put a...
The U.S. commercial crude oil inventory dropped by more than 1 million barrels last week, a far smaller drop than reported Tuesday night by the American Petroleum Institute. The price of crude...
The U.S. crude oil stockpile dropped by more than 7 million barrels last week largely due to a big jump in crude oil exports.
The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied.
The U.S. commercial crude oil inventory rose more than expected last week. Stockpiles of gasoline and diesel fuel dropped, and U.S. crude oil production remained at all-time highs.
The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
The U.S. commercial crude oil inventory rose by nearly 6 million barrels last week while gasoline inventories rose by nearly 2 million barrels. Falling prices will get no boost from this report.