VanEck Oil Services ETF (OIH) Research

The VanEck Oil Services ETF (OIH) endeavors to replicate, as accurately as possible before accounting for its expenses, the price and yield performance of the MVIS US Listed Oil Services 25 Index (MVOIHTR). This index is specifically designed to track the comprehensive performance of U.S.-listed companies that deliver services to the upstream oil sector, which includes firms involved in oil equipment, various oilfield services, and oil drilling.

Market snapshot

Symbol
OIH
Price
$385.49
Day change
-2.93%
Market cap
$1.4B
52-week range
226.59-459.28
Sector
Financial Services
Industry
Asset Management

Recent news

  • U.S. Global Investors sees tailwind for airline stocks as oil prices slide

    U.S. Global Investors (NASDAQ:GROW) said falling oil prices are providing a boost to airline stocks, pointing to gains in Delta Air Lines and United Airlines as carriers benefit from steady travel demand and lower fuel costs.

  • Oil shipments rise in Hormuz although questions grow over Iran's transit terms

    Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway.

  • Hormuz Reopening Shifts Focus to Gulf Oil Storage and Shipping

    Recovery hinges both on whether tankers can freely transit the strait, and if the region's oil producers can load enough crude once these vessels are ready to sail, according to Rystad Energy.

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