NYSEARCA:OIH

Vaneck Vectors Oil Services Etf ETF News

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$429.81
+15.11 (+3.64%)
At Close: Jun 08, 2026
Oil prices nudged higher on Thursday on concerns about tighter global supply after the U.S. tariff threat on Venezuelan oil buyers, while market players also grappled with the impact of Donald Trump's
Oil edged higher in the early Asian trade. Despite the economic risks from trade tensions, the current balance between strong U.S. demand and supply constraints due to geopolitical factors is creating
Many oil analysts have targeted a shaky final nine months for 2025 and longer, but Goldman Sachs in a report sent to clients Wednesday suggested that futures and options markets are largely "apathetic
Venezuela supply worries provide additional support to oil markets.
Gasoline inventories declined by 1.4 million barrels.
The crude oil markets continue to see a lot of buying, as it looks like we are starting to price in more European demand, as well as the driving season in the United States getting ready to kick off.
Crude oil prices rise as U.S. sanctions on Venezuela and Iran tighten supply. A bullish oil outlook forms with strong demand and a major inventory draw.
Brent oil's bullish structure holds above $72.62. Price action supported by EMAs, with breakout potential toward $74.91 if $73.62 is breached.

Oil Rises Amid Supply Concerns

08:50pm, Tuesday, 25'th Mar 2025
Oil rose in early Asian trade amid supply concerns. Crude oil prices could be more volatile as market participants navigate the uncertainty around recent global developments, Tickmill said.

Oil edges higher on tighter supply concerns

08:35pm, Tuesday, 25'th Mar 2025
Oil prices climbed on Wednesday in early Asia trade on concerns of tighter supplies after U.S. President Donald Trump threatened tariffs against countries importing oil and gas from Venezuela and afte
Crude oil tested key resistance at $69.97 before pulling back, signaling potential consolidation, but bullish signals suggest further upside towards the $70.61–$70.81 target zone.
Energy infrastructure is also included in the ceasefire deal, which is bearish for oil markets.
President Donald Trump is seeking lower energy costs for U.S. consumers. His policies may affect oil and gas companies' profit margins.
The crude oil market has rallied a bit in the early hours of Tuesday, but at this point in time, the market is focusing on the idea of the demand season picking up, as we have bounced from the three y
WTI crude climbs for a fifth session, fueled by U.S. tariffs on Venezuelan oil and tightening supply risks, with traders eyeing key resistance near $70.11–$70.84.
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