VanEck Oil Services ETF
NYSE ARCA: OIH
$292.10
-$4.76 (-1.6%)
Closing Price on November 15, 2024
OIH Articles
Quantitative easing is forcing investors into riskier assets as Ben Bernanke and the FOMC attempt to manufacture some inflation and after the US Dollar weakness. We are seeing big moves in gold and...
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We are continuing to see a mixed picture in oil and byproduct inventory levels in the United States. Some is seasonal, and some may be due to outside demand issues. This morning’s data from the...
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Schlumberger N.V. (NYSE:SLB) reported third quarter earnings this morning and the short story is there were no surprises. Like competitors Halliburton Co. (NYSE:HAL) and Weatherford International...
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Predicting oil prices a month from now is a risky business. Predicting oil prices a year from now is close to madness. Perhaps it is fairer to say that believing a prediction for oil prices a year...
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Now that oil has bested the $82.00 per barrel mark and rallied about 15% in six weeks, investors are trying to figure out what is next. We are tracking the the United States Oil (NYSE: USO) and the...
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The Department of Energy released its weekly Crude Oil and energy inventories this morning. Despite some supply issues being obvious, there has been no help as investors are looking to lower-risk...
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With all of the trouble in drilling in the Gulf of Mexico, we wanted to look at the most recent weekly rig count data just released from Baker Hughes Inc. (NYSE: BHI). We are also watching the Oil...
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The Department of Energy released its weekly Crude Oil and energy inventories this morning. Some real surprises were seen considering the time of year we are in and the mess in the Gulf of...
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This is the Twitter-24/7 Wall St. market report for June 3, 2010.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
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Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
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The weekly Department of Energy inventories data came out this morning. There seems to be good news for those looking for price stability as crude oil inventories went up and capacity rates at the...
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A new forecast from Bank of America Merrill Lynch is lowering the expected 2010 target oil demand growth from 2 million b/d to 1.5 million b/d. The bank also cut its crude oil price forecast by more...
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It has been impossible not to notice the new Gold Rush. It has also been impossible to not notice the crashing oil prices. This is simply the decline or implosion of the Euro, and the flood of...
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The rig count from Baker Huges Inc. (NYSE:BHI) is out for April and the recent trends continue. The US count is up, the Canadian count is down, and the international rig count is flat. So far today,...
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Morningstar has issued a report this week for oil services operations calling the opportunity in Iraq as “one of the greatest capacity increases in the industry’s history.” The analysis says...
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