VanEck Oil Services ETF (NYSEARCA:OIH) Hits New 1-Year High – Here’s Why

VanEck Oil Services ETF (NYSEARCA:OIH) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $408.00 and last traded at $407.48, with a volume of 104206 shares traded. The stock had previously closed at $398.85.

Trending Headlines about VanEck Oil Services ETF

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

• Positive Sentiment: Brent crude reclaimed the $100+ level as fighting in the Middle East continues, keeping supply-risk premiums elevated and supporting dayrates, drilling activity and service demand. Oil rises with Brent crossing $100 a barrel again as Middle East tensions keep traders on edge
• Positive Sentiment: Markets are pricing renewed supply risk after Iran denied talks with the U.S., sending oil higher as traders reassess disruptions through the Strait of Hormuz — a bullish signal for oil services providers. Oil rises as markets assess supply risks after Iran denies US talks
• Positive Sentiment: Goldman raised its oil-price outlook on the prospect of longer Hormuz disruption, implying sustained higher crude that would support upstream spending and services demand. Goldman Lifts Oil Price Forecast on Longer Hormuz Disruption
• Positive Sentiment: Industry leaders at CERAWeek warned of long-term damage from the Iran war, reinforcing concerns over persistent supply constraints and supporting the sector’s risk premium. CERAWeek: Oil execs warn long-term damage from Iran war
• Neutral Sentiment: U.S. Energy Secretary said further releases from the Strategic Petroleum Reserve are “highly unlikely,” which reduces one downside pressure on prices but leaves markets sensitive to newsflow. US energy chief tells CNBC further SPR oil release is unlikely
• Neutral Sentiment: Oil futures have been volatile (sharp sell-offs then recoveries) as geopolitics and talk of diplomacy swing risk premia; volatility can raise dayrates but also increase short-term equity risk. Stock Market Today: Dow Futures Inch Up, Brent Crude Rises Above $100
• Negative Sentiment: Japan said it will start releasing oil from joint stockpiles by end‑March, and the IEA is consulting governments on possible further releases — both actions could cap price gains and reduce upside for services spending. Japan to start releasing oil from joint stockpiles by end-March IEA consulting with governments on further oil stock releases
• Negative Sentiment: India’s Reliance bought 5 million barrels of Iranian crude after a U.S. waiver — an increase in available crude supply that could ease tightness and moderate prices if replicated. Reliance buys 5 million barrels of Iranian oil
• Negative Sentiment: Heavy foreign outflows from Asian stocks on oil-shock fears highlight broader equity risk that can pressure energy and services ETFs despite higher commodity prices. Foreign outflows hit Asian stocks as Iran war drives oil shock fears

VanEck Oil Services ETF Stock Performance

The business has a 50 day moving average of $368.19 and a two-hundred day moving average of $310.09. The stock has a market capitalization of $2.43 billion, a PE ratio of 10.97 and a beta of 1.16.

Institutional Trading of VanEck Oil Services ETF

Several hedge funds have recently modified their holdings of OIH. SBI Securities Co. Ltd. boosted its holdings in shares of VanEck Oil Services ETF by 66.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 88 shares of the company’s stock valued at $25,000 after buying an additional 35 shares in the last quarter. Wexford Capital LP bought a new position in shares of VanEck Oil Services ETF during the 3rd quarter worth approximately $27,000. Greykasell Wealth Strategies Inc. purchased a new stake in VanEck Oil Services ETF during the fourth quarter valued at approximately $33,000. Empowered Funds LLC purchased a new stake in VanEck Oil Services ETF during the fourth quarter valued at approximately $34,000. Finally, Founders Financial Alliance LLC acquired a new stake in VanEck Oil Services ETF in the third quarter valued at approximately $33,000. 94.50% of the stock is owned by hedge funds and other 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.