VanEck Oil Services ETF (NYSEARCA:OIH – Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $400.44 and last traded at $392.55, with a volume of 673123 shares trading hands. The stock had previously closed at $389.55.
Key Headlines Impacting VanEck Oil Services ETF
Here are the key news stories impacting VanEck Oil Services ETF this week:
- Positive Sentiment: Structural Middle East supply risk has been flagged by traders — a widening Oman–Dubai spread, a sharp WTI rally and EIA inventory draws point to tighter fundamentals and a short-squeeze dynamic that supports higher oil-service demand. Oil Market Alert: The Structural Risk Signal Most Traders Are Missing
- Positive Sentiment: Heightened Iran-related supply fears — including risks to shipments through the Strait of Hormuz — pushed oil prices up, which typically benefits oil services names as producers defend output. Oil rises on Iran fears, but expert says supply is strong — what it means for prices
- Positive Sentiment: Reports of a sizeable U.S. inventory draw and commentary that $6–$12 of risk premium may be priced into crude underscore the potential for sustained higher crude — supportive for oil-services utilization and capex. Natural Gas and Oil Forecast: $9M Inventory Draw – WTI Break $66?
- Neutral Sentiment: Market watchers note that upcoming U.S.–Iran talks could either resolve tensions (pressuring prices) or fail (lifting risk premia); the outcome will determine near-term direction for oil-service equities. Oil News: Iran Talks Thursday Could Make or Break Crude Oil’s Rally This Week
- Neutral Sentiment: Some traders are taking profits and repositioning ahead of talks and tariff headlines, creating intraday volatility even as the broader trend remains supportive. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Losing Some Ground Amid Profit-Taking
- Negative Sentiment: Ahead-of-talks position adjustments and short-term profit-taking have led to occasional pullbacks in crude, which can pressure oil-services names if sustained. Oil Edges Lower Amid Possible Position Adjustments Before U.S.-Iran Talks
- Negative Sentiment: Analysts note that if diplomatic progress reduces the Iran risk premium — or if any U.S. strike outlook is judged limited — crude upside could fade, trimming the positive catalyst for oil services. Oil Falls Amid Prospect That U.S. Strike on Iran Might Be Limited
VanEck Oil Services ETF Price Performance
The company has a 50 day moving average of $331.12 and a two-hundred day moving average of $290.38. The company has a market capitalization of $2.34 billion, a PE ratio of 10.97 and a beta of 1.16.
Institutional Inflows and Outflows
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.
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