VanEck Oil Services ETF
NYSE ARCA: OIH
$292.10
-$4.76 (-1.6%)
Closing Price on November 15, 2024
OIH Articles
Now that Gold has busted $1,000.00 and headed up almost every day since, the next target commodity is oil and the question is if black gold can mirror the performance of yellow gold. One of our...
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Maybe higher oil prices keep begetting higher rig counts. Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts and there are gains in all three measures. We have been watching the...
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The Department of Energy gave some critical data in its weekly oil inventories. Frankly, you can make a bullish case here and a bearish case as well. The drop in crude oil came to -978,000...
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The weekly data on oil inventories from the Department of Energy is out and we are seeing another bullish yet mixed bag here in the numbers for oil prices. We are also watching the Oil Services...
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Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts and the gains we were seeing look as though they may have started to already peter out. Throw that in with an almost $3.00 drop to...
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The Department of Energy just released the weekly inventory data in crude and oil products, and the headline figures are huge on the surface. We have been watching the Oil Services HOLDRs (NYSE:...
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Baker Hughes, Inc. (NYSE: BHI) issued its weekly rig counts and the counts are still going in the right direction overall if you like to see increased drilling activity. This is also showing up in...
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The Department of Energy has just released its weekly inventory data for crude oil, gasoline, distillates, and refining levels. This week was marked by draw-downs but because of the weakness in the...
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Rig Counts Chasing Oil Prices (OIH, USO, OIL) The weekly rig count data from Baker Hughes Inc. (NYSE: BHI) is out, and this last week we are seeing a bump in rig counts across the board. These...
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The weekly data out of the Energy Information Administration for natural gas inventories is only further adding salt on top of the wound for those hoping for higher natural gas prices. The...
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Last week’s draw-down in crude oil is not being mirrored this week. We just saw the weekly Department of Energy inventories and the reading came to a gain of 128,000 barrels of crude oil to...
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Baker Hughes Incorporated (NYSE:BHI) has released its weekly data on rig counts, and it seems that the suddenly higher oil prices are reversing some declines. There has still been no set direction...
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Baker Hughes Incorporated (NYSE:BHI) shows weekly data on its rig counts it sees, but this morning it has announced its rig counts for the full month of July. Higher energy prices are bringing more...
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Solar stocks are again trading no differently than a leveraged bet on oil prices. This is something we have noted on many occasions and with oil down by another -$2.59 at $64.14 per barrel in NYMEX...
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It seems that the steady rise in oil prices is finally starting to support some stability in rig counts. We just got some fresh weekly rig count data from Baker Hughes Inc. (NYSE: BHI) supporting...
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