VanEck Oil Services ETF (NYSEARCA:OIH) Reaches New 52-Week High – Time to Buy?

VanEck Oil Services ETF (NYSEARCA:OIH)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $321.44 and last traded at $320.03, with a volume of 226110 shares. The stock had previously closed at $313.35.

Trending Headlines about VanEck Oil Services ETF

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: Venezuela moves to open hydrocarbons to investment — interim President Delcy Rodríguez proposed reforms to Venezuela’s hydrocarbon law that could attract capital and boost upstream activity if implemented, a development that would support demand for oilfield services over time. Venezuela’s Rodriguez proposes oil reform to facilitate investment
• Positive Sentiment: Chevron expected to get expanded Venezuela license — industry reports that Chevron may receive an expanded U.S. license to operate in Venezuela point to higher future upstream activity and services work if production ramps. That potential activity is directly supportive for OIH holdings. Chevron expected to receive expanded Venezuela license from US this week, oil industry sources say
• Positive Sentiment: U.S. legal action could limit state restrictions on drilling — the Justice Department sued to block California buffer-zone limits on oil wells, a step that could preserve or extend onshore drilling activity and services revenue in U.S. markets. US Justice Department seeks to block California limits on oil wells near schools, hospitals
• Neutral Sentiment: OPEC still sees steady demand growth — OPEC’s outlook signals ongoing, modest demand growth into 2027, a background that supports longer‑term services spending even if near‑term price swings persist. In first look at 2027, OPEC forecasts ongoing oil demand growth
• Neutral Sentiment: Trade flows shifting in Asia — India’s drop in Russian imports has lifted OPEC’s share in that market, a re‑routing of crude that alters refinery feedstock patterns but is mixed for North American services demand. OPEC regains share in India as Russian oil imports slump in December
• Negative Sentiment: Crude prices fell after U.S. comments eased Iran military‑action fears — President Trump’s remarks and related commentary reduced near‑term geopolitical risk, triggering ~3%+ drops in oil and prompting profit‑taking that pressures energy‑service sentiment. Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran
• Negative Sentiment: Rising U.S. inventories and profit‑taking depressed futures — weekly inventory builds and traders cashing gains have pushed technical momentum lower, a near‑term headwind for oil prices and thus for capital spending expectations that drive OIH returns. U.S. Crude Oil Stockpiles Post Weekly Increase

VanEck Oil Services ETF Trading Up 0.3%

The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 10.97 and a beta of 1.16. The company’s 50 day moving average is $294.31 and its 200-day moving average is $267.70.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. MTM Investment Management LLC bought a new stake in VanEck Oil Services ETF in the 2nd quarter valued at $27,000. Wexford Capital LP acquired a new position in shares of VanEck Oil Services ETF in the third quarter valued at $27,000. Founders Financial Alliance LLC acquired a new position in shares of VanEck Oil Services ETF in the third quarter valued at $33,000. Advisory Services Network LLC bought a new position in shares of VanEck Oil Services ETF in the third quarter valued at about $43,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of VanEck Oil Services ETF during the 2nd quarter worth about $53,000. 94.50% of the stock is currently owned by institutional investors.

VanEck Oil Services ETF Company Profile

The VanEck Oil Services ETF (OIH) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index, a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies. OIH was launched on Feb 7, 2001 and is managed by VanEck.