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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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A rally in oil futures Wednesday comes as no surprise as violence in the Middle East, including the assassination of a Hamas leader in Iran, raises the potential for a wider war in the oil-rich region.

Israel-Hamas-Hezbollah tensions rally oil, but July weakness hints at long-term worries

Traders are waiting for Iran's moves after the assassination of Hamas leader in Tehran.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Focus On Middle East Tensions

The crude oil market was very bullish in the early hours of Wednesday, as the market continues to price in a lot of geopolitical issues, with the Middle East conflict doing everything it can to expand.

Crude Oil Price Forecast – Crude Oil Bounces Hard in Early Wednesday Trading

Companies drilling for oil and gas in the US are emitting much more greenhouse gases than regulators believe, new aerial survey research has shown.  There is roughly four times more methane being emitted than estimates published by the Environmental Protection Agency, according to the results of an aerial survey by the Environmental Defense Fund.

US oil and gas companies emitting four times more methane than EPA estimates

Oil futures reversed their declining trend while gold prices rose on Wednesday following an overnight escalation of hostilities in the Middle East.

Oil Up Over 2%, Gold Trades Higher On Rising Tensions In Middle East

Analysts are holding their oil price forecasts largely steady for the second half of 2024, as geopolitical risks offset muted demand from major consumers like China, a Reuters poll indicated on Wednesday.

Subdued demand to keep oil prices steady despite geopolitical risks

Oil futures rebounded by over $2 a barrel, recovering from seven-week lows due to heightened geopolitical risks.

Oil News: Geopolitical Tensions Send Oil Prices Soaring Over $2

Prices of oil and gold were lifted as financial markets reacted to the killing of the Hamas political leader in Iran, which the Palestinian group said was from an attack by Israel.   Hamas leader Ismail Haniyeh, who has acted as a negotiator in the ceasefire talks during the Israel-Gaza war, was killed in raid on his residence in Tehran.

Oil and gold prices rise after Hamas leader killed

Crude-oil futures rose Wednesday for the first time in four sessions Wednesday, as the assassination of a top Hamas leader in Iran stoked concerns over further Middle Eastern tensions.

Oil futures rise for first time in four sessions after strike kills Hamas leader in Iran

The fear is that the move could escalate the conflict between Israel and Hamas into a wider war in the region.

Oil Prices Rise as Geopolitical Tensions Mount After Killing of Hamas Leader

Brent futures topped the $80-per-barrel-threshold, as Iran's claim that Hamas political leader Ismail Haniyeh was assassinated reignited tensions in the Middle East. "Now we're moving into a phase of deterioration into the Middle East that we believe is going to capture oil traders' attention and get them to return some material risk premium into the price of Brent.

Brent tops $80 per barrel as oil analyst flags ‘phase of deterioration' in the Middle East

Oil prices rebounded to $76 as Middle East tensions escalated following the assassination of Hamas leader, sparking market volatility.

Natural Gas and Oil Forecast: $76 Oil Rebounds Amid Middle East Unrest

Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah, although prices remained under pressure from concerns about demand in China.

Oil claws back some losses after Israel retaliates against Hezbollah

The bearish trend in crude oil persists, nearing critical support levels. Once complete, technical analysis indicates possible eventual upside breakout.

Crude Oil Price Forecast: Nears Key Support Amid Bearish Correction

Crude oil prices continued falling Tuesday, extending a month-long decline despite aggravated hostilities in the Middle East and dwindling U.S. supplies.

Oil Extends Three-Week Slide Ahead of OPEC+ Meeting

Oil traders stay bearish amid worries about the health of China's economy.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows As Traders Focus On China's Problems

An OPEC+ panel is unlikely this week to make any changes to its current deal to cut production and to start unwinding some cuts from October, despite recent sharp declines in oil prices, five sources from the producer group told Reuters.

OPEC+ likely to stick to output policy at Aug 1 JMMC meeting

China's sluggish economy is overshadowing escalating tensions in the Middle East. Israel is expected to retaliate against the Iran-backed militia Hezbollah, after a rocket fired from Lebanon killed 12 children.

U.S. crude oil falls below $76 per barrel, lowest level since early June

Oil futures hovered near unchanged early Tuesday, unable to shake off recent weakness tied to concerns about the outlook for demand from China, the world's largest crude importer.

Oil prices remain soft, unable to shake worries over China demand outlook

Oil futures steady near June lows amid weak Chinese demand, U.S. inventory anticipation, and geopolitical tensions. Read our analysis on oil price trends today.

Oil News: Bearish Outlook Amid Weak Chinese Demand and Global Economic Concerns

British oil giant BP posted underlying replacement cost profit, used as a proxy for net profit, of $2.8 billion for the second quarter. That beat analyst expectations of $2.6 billion, according to an LSEG-compiled consensus.

Oil major BP raises dividend as second-quarter profit beats expectations

WTI crude oil dips below $75.50 amid weak Chinese demand, raising questions about further potential selloff and market instability.

Natural Gas and Oil Forecast: WTI Dips Below $75.50; Is More Sell-off Coming?

Oil prices slipped in early Asian trading on Tuesday, extending losses from the previous session, over concerns about Chinese demand and as the market shrugged off the risk of conflict escalating in the Middle East.

Oil prices slip on China demand concerns, waning Middle East worries

Oil futures slid by nearly 2% to seven-week lows by the close of trading in the U.S. on Monday, as global demand concerns outweighed rising geopolitical tension in the Middle East.

Oil Falls To 7-Week Low In U.S. Trading On Demand Fears

Oil traders bet that rising tensions in the Middle East will not hurt oil supplies.

News for VanEck Vectors Oil Services ETF ETF (OIH)