NYSEARCA:OIH

Vaneck Vectors Oil Services Etf ETF News

etoro logo Buy OIH
*Your capital is at risk
$438.97
+7.75 (+1.80%)
At Close: Jun 04, 2026
Oil investors appear to be adjusting expectations for tight crude supplies later this year, with the gap between nearer-term and further prices weakening despite the OPEC+ producers' group plan to dee
Crude oil markets rallied a bit during the trading session on Wednesday, as we continue to see a lot of back-and-forth trading.
Oil demand continues to rise. Meanwhile, supplies remain constrained as OPEC and U.S. producers keep a lid on production.
JPMorgan cut its oil price forecasts for this year and 2024 as it sees global supply growth offsetting a record rise in demand, while inventory build-up lowers the risk of price spikes.
Oil futures rose early Wednesday, turning positive for the week as investors awaited official data on U.S. petroleum inventories and a Federal Reserve interest rate decision.
WTI crude oil prices rise as investors await Fed meeting and data, fueled by potential rate hike pause, stimulating demand.
Oil prices inched higher on Wednesday after industry data showed an unexpected rise in U.S. crude stocks, signalling weak demand to markets already worried about recession and disappointing Chinese ec
Oil is holding on to most of its big rebound. China has weighed measures to kickstart the world's second-largest economy, and that's raising speculation energy demand will increase.
Oil traders bet that China will provide more support to its economy.
Dan Pickering, CIO of Pickering Energy Partners, joins 'The Exchange' to discuss conditions tightening in the oil market, strains on production growth, and the global energy picture.
Oil prices climbed Tuesday as China tries to boost growth amid a disappointing post-COVID rebound. The People's Bank of China unexpectedly trimmed its short-term lending rate.
The crude oil market has rallied a bit during the trading session on Tuesday, as it looks like we are trying to recover.

OPEC Production Slumps as Voluntary Cuts Bite

07:56am, Tuesday, 13'th Jun 2023
The group accelerated its efforts to tighten the oil market as a handful of the group's largest members sharply slashed output as planned.
Oil futures bounced early Tuesday, finding support after China's central bank on Tuesday cut a key policy interest rate.
Francisco Blanch, global head of commodity & derivatives strategy at BofA Securities, discusses the case for WTI crude to average $75/bbl this year and Brent $80/bbl.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE