NYSEARCA:OIH

Vaneck Vectors Oil Services Etf ETF News

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At Close: Jun 08, 2026
Again Capital's John Kilduff discusses the potential downside risks for oil prices, including OPEC+ increasing output again, fresh sanctions on Russian crude, and a potential Iran nuclear deal leading
A cadre of Greek shipping magnates has stepped back into the fold as the go-to distributors of Moscow's crude to the world.
WTI crude dips near $60 as OPEC+ signals output boost; US GDP shrinkage tempers demand outlook while natural gas tightens around $3.52–$3.70.
Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the market braced for a potential OPEC+ output hike.
Oil prices were mixed in the early Asian session, but may be weighed by a larger-than-expected decline in U.S. crude inventories.
Helima Croft, RBC Capital Markets, joins 'Power Lunch' to discuss the latest news regarding the oil and gas sectors.
CNBC's Pippa Stevens joins 'The Exchange' to discuss energy yields and the risk to buybacks.
Oil markets are losing ground amid demand concerns.
U.S. stocks traded mostly higher midway through trading, with the S&P 500 gaining around 0.4% on Thursday.

U.S. Crude Oil Stockpiles Fall More Than Expected

12:45pm, Thursday, 29'th May 2025
U.S. crude oil inventories fell by 2.8 million barrels, exceeding estimates for a drop of 600,000 barrels.
The crude oil markets continue to bounce around in a relatively well-defined area, as we are trying to build come kind of base for a bullish move, perhaps later this summer.
The oil market got a dose of predictability this week
Eight OPEC+ members have been rapidly unwinding a set of voluntary production cuts in recent months. These output trims were implemented separately from the broader OPEC+ group's production policy.
Crude oil prices rally as OPEC+ weighs supply hikes and U.S. tariffs ease—bullish oil outlook supported by tightening inventories and geopolitical risks.
Natural gas and oil prices surge as OPEC+ supply cuts and geopolitical tensions stoke market volatility and fuel a bullish price outlook.
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