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Vaneck Oil Services ETF (NY: OIH )

298.17 -3.23 (-1.07%)
Official Closing Price Updated: 8:00 PM EST, Nov 8, 2024 Add to My Watchlist
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Headline News about Vaneck Oil Services ETF

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Oil Prices Spike By Over 3% As OPEC+ Delays Production Increases Ahead Of US Elections: 5 Energy ETFs To Watch Monday
The Biden-Harris administration has imposed extensive sanctions on Russia; a second Trump administration would likely nix those sanctions. 
Via Benzinga
Topics ETFs Government
Exposures Political
BP Faces Price Forecast Cuts As Analysts Flag Weak Earnings And Rising Debt Challenges
Analysts lower price target for BP after Q3 results show revenue miss and production decline. Focus on deleveraging over growth. 
Via Benzinga
Schlumberger's OneSubsea Lands Key Contract With BP To Power Deepwater Kaskida Project: Details
SLB joint venture won a contract from BP for a subsea boosting system as part of the greenfield development of the Kaskida project in the deepwater U.S. 
Via Benzinga
Crude Oil Faces Steepest One-Day Drop In Over Two Years, Energy Stocks Plunge: Prices 'Are Likely To Remain Under Pressure,' Analyst Says
Crude oil prices plummeted due to targeted Israeli airstrikes in Iran, but avoided oil infrastructure. U.S. energy stocks also saw sharp losses. 
Via Benzinga
Exposures Fossil Fuels
ETFs To Gain & Lose From Higher Oil Price
Via Talk Markets
Topics ETFs
Israeli Military, With Help Of US Intelligence, 'Relentlessly Pursued' Deceased Hamas Leader
Israeli military identified the body of Sinwar, a top Hamas leader, using dental records and fingerprints, which matched those on file. 
Via Benzinga
Oil Prices Take Largest Plunge In Over A Year As Israel Vows To Spare Iranian Facilities: Energy Stocks Sink, Airlines, Cruise Lines Rally
Oil prices dropped over 5% as Netanyahu assured US to avoid targeting Iranian oil facilities in retaliation. Energy stocks plunged, airlines rallied. 
Via Benzinga
Oil Prices Rally: Biden Confirms US 'Discussions' With Israel About Striking Iran Facilities
Iran, the seventh-largest oil producer in the world, backs Hezbollah. It also exports around half its production abroad, mostly to China. 
Via Benzinga
SLB, ADNOC Drilling, Patterson-UTI Join Forces To Accelerate UAE's Unconventional Oil Program
Schlumberger N.V. and ADNOC Drilling form JV with Patterson-UTI Energy to accelerate UAE's unconventional oil and gas program, targeting 144 wells by 2025. 
Via Benzinga
Energy Gets AI Boost: Schlumberger's Lumi Platform To Power Next-Gen Digital Transformation
SLB's Lumi data and AI platform, integrating advanced AI, is set to revolutionize data access and decision-making across the energy value chain. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Schlumberger's Breakthrough In Lithium Production: Details
SLB successfully demonstrates sustainable lithium production at scale in Nevada plant, using 10% of land and minimizing water use. 
Via Benzinga
Baker Hughes Says US Oil And Gas Rig Count Declines For Second Week: Report
Baker Hughes Company reported a decrease in oil and gas rigs for the second consecutive week, due to lower prices and rising costs. 
Via Benzinga
Oil Prices Rally As Middle East Tensions Rise, Libya Warns Of Potential Production Halt: 10 Energy Stocks On The Move Monday
Oil futures spiked as WTI rose 3% to over $77/barrel, driven by geopolitical tensions in the Middle East and supply disruptions in Libya. 
Via Benzinga
Halliburton's North Houston Campus Affected by Cyberattack: Report
Halliburton reportedly hit by cyberattack on north Houston campus and global networks. Company working with experts to resolve issue. 
Via Benzinga
Halliburton's Q2 Revenue Miss Highlights Challenges In US Market, Despite International Gains
Halliburton reported Q2 revenue of $5.833B, lower than the consensus of $5.949B. The company reported an EPS of $0.80, in line with consensus. 
Via Benzinga
DOJ Asks More Questions About Schlumberger-ChampionX Merger: Details
SLB and CHX received second request from US Department of Justice for acquisition. Transaction expected to conclude late 2024 or early 2025. 
Via Benzinga
Schlumberger Lands Electric Subsea Project With Equinor In Norway: Details
Schlumberger and Equinor shares rise after SLB wins Subsea Production Systems contract from Equinor for offshore Norway project. 
Via Benzinga
OPEC+ Likely To Extend Production Cuts Amid Rising Summer Demand: Report
The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, are expected to extend their current production cuts this weekend, as per delegates and analysts. 
Via Benzinga
Patterson-UTI Drills Into Middle East With ADNOC Partnership
Patterson-UTI subsidiary inks term sheet with ADNOC Drilling for minority equity interest in newly formed Turnwell Industries. 
Via Benzinga
ChampionX, Schlumberger Shares Move In Opposite Directions After $8B Deal Announcement
The transaction is projected to close before 2024, subject to shareholder and regulatory approval. 
Via Benzinga
Stocks Inch Higher, Tesla Rebounds, Bitcoin Holds Below $70,000: What's Driving Markets Tuesday?
Wall Street is set to break a two-day losing streak on Tuesday, as major indices trended positively during midday trading in New York. The S&P 500 saw a modest uptick of 0.3% for the day, with the Dow... 
Via Benzinga
Topics Stocks
Exposures US Equities
Gold Mining Stocks Eye Best Month In A Year As 'Golden Era' For The Precious Metal Looms
Gold mining stocks soared in March 2024 due to lower interest rates and central bank demand. VanEck GDX ETF saw 13% rally, outperforming other industries. 
Via Benzinga
Topics ETFs Economy
Exposures Interest Rates
ChampionX Acquires RMSpumptools, Strengthening Global Presence In Artificial Lift Solutions
ChampionX Corporation announces acquisition of RMSpumptools Limited, enhancing global presence in artificial lift solutions, with plans to close transaction by Q3 2024. 
Via Benzinga
Stocks Pause, Gold Rises, Bitcoin Sinks On Worst Day In Four Months: What's Driving Markets Friday?
U.S. stock market lacks direction on mixed earnings and producer inflation data. Bitcoin drops 6% following spot Bitcoin ETF approval. Gold rises 1%. 
Via Benzinga
Topics ETFs Economy
Exposures Interest Rates
Wall Street Slips As Rate-Cut Hopes Diminish With Inflation, Bitcoin Remains Unmoved By ETF Debut: What's Driving Markets Thursday?
It’s a bearish Thursday on Wall Street, with stocks relinquishing their gains due to unexpectedly high inflation numbers for December, causing some turbulence in market expectations regarding earlier... 
Via Benzinga
Topics ETFs Economy
Exposures Interest Rates
Dow, Nasdaq Off Triple Digits As Fed Fatigue Sets In
Stocks are deep in the red today, as Fed fatigue sets in after hotter-than-expected inflation data. 
Via Talk Markets
Topics Economy Stocks
Exposures Interest Rates US Equities
Stocks Edge Higher, Bitcoin Holds Steady Awaiting SEC's Decision: What's Driving Markets Wednesday?
Wednesday’s session is one of modest gains on Wall Street, with all major large-cap stock indices in the green. 
Via Benzinga
Topics Regulatory Compliance
Exposures Legal Regulatory
Stocks Flip To Losses, Nvidia Defies Gravity, Bitcoin Pauses For A Breather: What's Driving Markets Tuesday?
Tuesday on Wall Street was marked by a subdued trend in major equity indices as investors remained cautious ahead of key inflation data scheduled for release on Thursday and the kick-off of the... 
Via Benzinga
Topics Economy
Exposures Interest Rates
US Stocks Rebound, Semiconductors Shine, Boeing's Struggles Weigh On Dow: What's Driving Markets Monday?
Wall Street kicked off the week on a positive note, marking a turnaround from the challenging start to the year. All major stock indices showed gains, except for the Dow Jones, as financial conditions... 
Via Benzinga
Topics Stocks
Exposures US Equities
US Energy Stocks Dive On Crude, Natural Gas Price Slump: Contrarian Analyst Says 'Own Commodities' In 2024
U.S. oil and gas sector stocks fell 3%-4% Monday, alongside a 5% drop in oil and 6% in natural gas prices, amid waning demand and increasing production. 
Via Benzinga
Topics Energy
Exposures Fossil Fuels
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