NYSEARCA:OIH

Vaneck Vectors Oil Services Etf ETF News

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil companies, including Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.), were on the rebound on Monday as crude prices bounced back from one-month lows.
Oil climbed after OPEC+ agreed to raise production once again but did so at a modest rate, highlighting some caution from the group as the market heads into an expected surplus. The Organization of th
An S&P Global executive said he expects dated Brent crude prices to fall to around $55 per barrel by year end, at the Asia Pacific Petroleum Conference on Monday.
Oil prices rose on Monday in early trade, paring last week's losses, after OPEC+ agreed over the weekend to raise output further but at a slower pace from October due to an anticipated weakening of gl
OPEC+ has been increasing production since April after years of cuts to support the oil market, but the Sunday decision to further boost output came as a surprise amid a likely looming oil glut in t
U.S. stock-market futures declined Sunday, as investors await key inflation reports later this week.
OPEC+ agreed Sunday to further increase oil production in October, in an ongoing move to regain market share at the expense of prices.
Brent crude's drop reflects deeper cracks in the global economy, as weak jobs data, rising unemployment, and persistent inflation signal recession.
We rate Kolibri Global Energy (KGEI) a Buy, supported by robust production growth, declining costs, and resilient profitability despite lower oil prices. KGEI is set for a 24-32% production surge in H
Eight OPEC+ members say they will boost production by 137,000 barrels a day in October, beginning to roll back some voluntary cuts previously put in place.
OPEC+ is set to agree to further raise oil output on Sunday while probably slowing the pace of increases from October compared with recent months because of weakening global demand, OPEC+ sources said
Oil demand fears and rising U.S. stockpiles pressure crude futures. Unless OPEC+ holds output steady, the forecast points to further price weakness.
Eight OPEC+ countries will likely raise oil output on Sunday but probably add less oil from October than in recent months as global demand might be slowing with the end of the driving season, OPEC+ so
WTI tumbles under its 200-day MA as bearish sentiment builds. Traders eye $61.12 support while OPEC+ considers raising crude oil production.
Supply is outstripping demand, and traders are betting on a fall. What's keeping prices up?
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