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VanEck Vectors Oil Services ETF

OIH tracks a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies.

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The price of oil has surged this year, but plenty of people still think they can make money on the commodity.

Oil Prices Have Surged. People Just Keep Betting They Will Go Higher.

Oil prices turned higher after OPEC+ announced a larger-than-expected increase of oil output.

Oil prices reverse higher as US inventories dive while energy giant says OPEC+ output boost isn't enough

The boost to output isn't enough to make up for a drop in production from Russia. OPEC has been pumping less oil than allowed for under limits the cartel has set for itself.

OPEC's Deal is Too Little, Too Late to Reduce Oil Prices

U.S. stock index futures rose on Thursday as a pullback in oil prices lifted investor sentiment in the run-up to a private payrolls report that could provide a clearer picture of the labor market.

Futures climb on lower oil prices; private jobs report in focus

A report says Saudi Arabia is prepared to boost production if Russian output declines because of heavy sanctions over its invasion of Ukraine.

Stock Futures Rise Modestly and Oil Prices Sink

Oil prices fell on Thursday ahead of an OPEC+ meeting, after a report surfaced that Saudi Arabia was prepared to pump more oil to compensate for any Russian output loss.

Futures Movers: Oil prices drop ahead of OPEC+ meeting on report Saudis will make up for any lost Russian crude

Saudi Arabia is reportedly prepared to increase oil production if Russia's output falls substantially under the new sanctions imposed by the European Union.

Oil falls as Saudi Arabia ready to pump more if Russian output sinks: report

Oil prices dropped more than 2% following a report that Saudi Arabia is prepared to raise crude production if Russia's output significantly falls under European Union sanctions.

Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions

Oil prices fell by around $3 a barrel in early Asian trade on Thursday as investors cashed in on a recent rally with a key producers meeting later in the day set to pave the way for expected output increases.

Oil prices skid $3 a barrel as investors take profits ahead of OPEC+ meeting

West Texas Intermediate Crude jumps … oil's upward pressure on May inflation … why we need to look beyond inflation numbers … checking in on the U.S. consumer The price of West Texas Intermediate Crude (WTIC) came within striking distance of $120 a barrel yesterday. In the morning, price surged on news that EU leaders.

The Oil Trade Keeps Chugging

Talk of a potential deal that would let other OPEC+ producers make up the crude supply gap left by Russia has put a lid on oil prices, but it would take much more to bring them down, analysts said.

Commodities Corner: Why oil could still hit $130 a barrel even if OPEC+ tries to make up lost Russia production

Citi cut oil demand expectations by 1.4 million barrels for this year as fears of a recession took hold.

Citi says oil should be around $70 as demand drops and recession looms

Oil futures rose Wednesday as Shanghai eased its COVID-19 lockdown, signaling increased demand for crude.

Futures Movers: Oil lifted as Shanghai eases COVID-19 lockdown

Investors will get clarity on the growth outlook with manufacturing data in the day ahead, as well as the Fed's Beige Book survey of economic conditions.

Stocks Waver Into June as Oil Prices and Inflation in Focus

Oil prices rose in early Asian trade on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and China ended its COVID-19 lockdown in Shanghai.

Oil prices open higher on EU Russian oil ban, end of Shanghai lockdown

In addition to the EU phasing out Russian imports to crimp supply, demand from China is expected to pick up after Shanghai relaxed Covid restrictions.

Oil Prices Are on a Tear

Oil prices look set to rise further following the ban on Russian exports by the European Union, experts were predicting today. “Europe will reduce two-thirds of its oil imports from Russia, which will reportedly cost Russia around US$10bn in lost revenue,” said Ipek Ozkardeskaya, a senior analyst at Swissquote Bank.

Oil price rise to continue suggests analysts

Oil Associates President Andy Lipow said gas prices could approach $5 a gallon if oil continues to rise following the EU's decision to ban most Russian imports.

Inflation has not peaked, oil prices will continue to rise: Energy expert

Both the global and U.S. benchmarks will end May by reporting rising crude oil prices for a sixth consecutive month.

Oil Prices Rise After EU Announces Partial Ban On Russian Imports

The case for higher Oil (NYSEARCA: USO) prices continues to strengthen and is now pushing WTI oil above the $120 mark. The latest news includes news from the EU of a partial ban on Russian imports.

Oil Markets On Track For New All-Time Highs

Demand from China is expected to pick up after Shanghai relaxed Covid restrictions.

Oil Prices Surge After EU Agrees to Ban Most Russian Oil Imports

After weeks of wrangling, EU leaders have agreed a deal to slash oil imports from Russia by as much as 90% by the end of the year.

Oil surges to 2-month high of $123 after EU agrees to ban most Russian crude imports and China eases COVID rules

Oil prices surged to two-month highs on Tuesday, after the European Union reached an agreement that is poised to ban most of Russian oil by the end of the year.

Futures Movers: Crude futures hit two-month high above $118 after EU ban on Russian oil

Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.

Oil prices jump after EU leaders agree to ban most Russian crude imports

Oil prices rose in early Asian trade on Tuesday after European Union leaders said they had agreed to cut 90% of oil imports from Russia by the end of this year.

News for VanEck Vectors Oil Services ETF ETF (OIH)