VanEck Oil Services ETF
NYSE ARCA: OIH
$254.06
+$7.67 (+3.1%)
Closing Price on March 14, 2025
OIH Articles
The United States added more than 8 million barrels of crude oil to commercial inventories last week, while gasoline and distillate inventories dropped by more than 9 million barrels combined.
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OPEC compliance with production cuts rose to 94% in February. That and a lower-than-expected addition to U.S. inventories boosted crude prices modestly Wednesday morning.
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US crude oil inventories increased by 600,000 barrels last week, while gasoline stockpiles fell by 2.6 million barrels. Crude prices rose slightly on the report.
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U.S. crude oil prices dropped below $53 barrel following a jump of more than 9 million barrels in the country's inventory, the highest total since records began being kept in 1982.
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US crude oil inventories grew by a massive 13.8 million barrels last week on lower refinery runs. Gasoline inventories fell, but lower refinery usage was likely the cause of this as well.
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US crude oil inventories swelled by more than 6 million barrels last week, but the increase did not stop a price increase as traders see early results for OPEC-led production cuts.
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U.S. commercial crude inventories increased to above the upper limit of the average range for this time of year.
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Crude oil inventory rises by about 2 million barrels, pushing prices down by about 2% for February crude. Gasoline stockpiles rose by 6 million barrels even as refiners operated at a lower rate for...
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U.S. commercial crude inventories increased by around 4 million barrels last week, according to the U.S. Energy Information Administration.
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U.S. commercial crude inventories decreased by more than 7 million barrels last week and remains near the upper limit of the average range for this time of year.
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U.S. commercial crude inventories increased by 600,000 barrels last week, according to the U.S. Energy Information Administration.
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U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
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U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
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U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
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U.S. commercial crude inventories decreased by 900,000 barrels last week, according to the latest U.S. Energy Information Administration petroleum status report.
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