VanEck Oil Services ETF (OIH) — ()

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Oil News: Crude Sinks 8% on Tariff War Fallout and Bearish Outlook

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Sentiment: Negative ()

Crude dives 8% as U.S.-China tariff war escalates; rising OPEC output and weak demand weigh on the oil outlook amid growing recession fears.

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image for news Oil News: Crude Sinks 8% on Tariff War Fallout and Bearish Outlook
Oil majors suffering from OPEC+ output hike, not from U.S. tariffs, Eni exec says

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Sentiment: Negative ()

Oil majors are suffering after eight OPEC+ countries unexpectedly agreed to increase oil output in May, while tariffs imposed by U.S. administration had a muted effect on the sector, Eni's …

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image for news Oil majors suffering from OPEC+ output hike, not from U.S. tariffs, Eni exec says
Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets

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Sentiment: Negative ()

The oil price outlook is being hit with more bearish forecasts on the back of U.S. President Donald Trump's sweeping and market-hammering tariff announcements. Markets were therefore stunned when OPEC+ …

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image for news Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
BP chair Helge Lund to step down after oil major pledges strategic reset

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Sentiment: Neutral ()

British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from the wider board.

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image for news BP chair Helge Lund to step down after oil major pledges strategic reset
Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply

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Sentiment: Negative ()

Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by 4.3% to $66, citing the risks of …

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image for news Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 5% As Traders React To Trump Tariffs

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Sentiment: Negative ()

OPEC+ decision to boost production in May put additional pressure on markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 5% As Traders React To Trump Tariffs
Oil prices plunge as OPEC+ boosts output

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Sentiment: Negative ()

Oil prices plunged on Thursday, marking the steepest decline since 2023, as markets reacted to a combination of increased OPEC+ production and new U.S. tariffs that heightened concerns over global …

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image for news Oil prices plunge as OPEC+ boosts output
Update On Oil Services And The OIH ETF Product (Rating Upgrade)

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Sentiment: Neutral ()

Crude oil prices are in a bearish trend, with NYMEX futures trading below $70 per barrel and geopolitical factors potentially pushing prices lower. The U.S. administration's "drill-baby-drill" policy aims to …

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image for news Update On Oil Services And The OIH ETF Product (Rating Upgrade)
Oil Prices Drop Amid Worries About Trump Tariffs as OPEC+ Increases Supply More than Expected

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Sentiment: Negative ()

Oil prices dropped Thursday amid worries about an escalating trade war from Trump's tariffs, as OPEC and its allies sped up plans to increase output and unwind supply cuts.

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image for news Oil Prices Drop Amid Worries About Trump Tariffs as OPEC+ Increases Supply More than Expected
Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices down 6%

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Sentiment: Neutral ()

Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, speeding up the pace of their scheduled hikes and pushing down oil …

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image for news Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices down 6%
Oil News: Crude Plunges Over 3% After Trump Tariff Surprise and Stock Build

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Sentiment: Negative ()

Crude oil tumbles over 3% as Trump's tariffs spark demand fears and inventories rise, pressuring oil outlook and triggering a bearish turn in futures.

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image for news Oil News: Crude Plunges Over 3% After Trump Tariff Surprise and Stock Build
Trump Tariffs: Oil Prices Slump as Levies on China, Other Nations Threaten Demand

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Sentiment: Negative ()

Oil prices fell after US President Donald Trump rolled out tariffs on major trading partners, including China and the European Union. Oil, natural gas and energy products are among exempted …

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image for news Trump Tariffs: Oil Prices Slump as Levies on China, Other Nations Threaten Demand
Natural Gas and Oil Forecast: Can WTI Rebound After 6M Barrel Inventory Shock?

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Sentiment: Positive ()

WTI crude dropped near $69 after a 6M barrel inventory build. Can demand recover amid geopolitical tensions and rising Canadian imports?

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image for news Natural Gas and Oil Forecast: Can WTI Rebound After 6M Barrel Inventory Shock?
Oil Prices Drop as Trump's Tariff Policy Sparks Global Trade War Fears

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Sentiment: Neutral ()

WTI crude oil has hit the resistance at $72.50, while natural gas remains bullish within its upward price structure.

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image for news Oil Prices Drop as Trump's Tariff Policy Sparks Global Trade War Fears
Oil sinks nearly 3% after Trump announces sweeping new tariffs

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Sentiment: Negative ()

Oil prices dropped $2 on Thursday after U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.

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image for news Oil sinks nearly 3% after Trump announces sweeping new tariffs
Oil Slides as Trump Tariff Announcement Sparks Fears of Global Slowdown

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Sentiment: Negative ()

Oil slid in the morning Asian session as President Trump's tariff announcement sparked fears of a global economic slowdown that could reduce oil demand.

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image for news Oil Slides as Trump Tariff Announcement Sparks Fears of Global Slowdown
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Russia Curbs Export Capacity In The Black Sea

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Sentiment: Positive ()

Oil markets are moving higher as traders bet on tight supply.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Russia Curbs Export Capacity In The Black Sea
Trump targets this oil-rich nation with 'secondary tariffs'

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Sentiment: Negative ()

Former Trump Energy Secretary Dan Brouillette analyzes President Donald Trump's plan to impose a 'secondary tariff' on Venezuelan oil on 'Varney & Co.' #foxbusiness #varney

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image for news Trump targets this oil-rich nation with 'secondary tariffs'
Crude Inventories Rise By 6.2 Million Barrels; WTI Oil Tests The $71.50 Level

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Sentiment: Neutral ()

Gasoline inventories fell by 1.6 million barrels from the previous week.

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image for news Crude Inventories Rise By 6.2 Million Barrels; WTI Oil Tests The $71.50 Level
Crude Oil Price Outlook – Oil Continues to See Overhead Resistance

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Sentiment: Neutral ()

The oil market continues to see a lot of overhead resistance at the moment, but I still think this is a situation where we are still buyers of dips going …

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image for news Crude Oil Price Outlook – Oil Continues to See Overhead Resistance
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Trump Warns Of Potential Tariffs On Buyers Of Russian Oil

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Sentiment: Negative ()

Trump's threats against Iran provided additional support to oil markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Trump Warns Of Potential Tariffs On Buyers Of Russian Oil
Why Trump's promised ‘Liberation Day' tariffs may cause ‘correction day' for oil

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Sentiment: Negative ()

Oil markets were strengthening to start the week, but expectations that energy demand will take a hit from President Donald Trump's planned rollout of reciprocal tariffs this Wednesday signal an …

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image for news Why Trump's promised ‘Liberation Day' tariffs may cause ‘correction day' for oil
Crude Oil Price Outlook – Crude Continues to Attempt to Build Momentum

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Sentiment: Positive ()

The crude oil markets continue to attempt to break higher. After initially trying to find the bottom of the three year range, and at this point in time, the oil …

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image for news Crude Oil Price Outlook – Crude Continues to Attempt to Build Momentum
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats On Profit-Taking

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Sentiment: Negative ()

Oil traders take some profits off the table ahead of the weekend.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats On Profit-Taking
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Flat As Traders Wait For Catalysts

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Sentiment: Positive ()

Oil traders stay bullish and quickly buy any pullbacks.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Flat As Traders Wait For Catalysts
Oil executives bluntly criticize Trump tariffs and 'drill, baby, drill' in anonymous survey

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Sentiment: Negative ()

Oil executives issued scathing criticism of President Donald Trump's policies in anonymous responses to a survey by the Federal Reserve Bank of Dallas. They said Trump's tariffs and his "drill, …

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image for news Oil executives bluntly criticize Trump tariffs and 'drill, baby, drill' in anonymous survey
Oil News: Crude Struggles at 200-Day MA as Resistance Caps Bullish Momentum

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Sentiment: Neutral ()

Crude oil dips after testing 200-day MA. Traders weigh Venezuela sanctions, auto tariffs, and OPEC supply plans in shaping oil market sentiment.

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image for news Oil News: Crude Struggles at 200-Day MA as Resistance Caps Bullish Momentum
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Crude Inventories Fall

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Sentiment: Neutral ()

Venezuela supply worries provide additional support to oil markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Crude Inventories Fall
US oil and gas activity edged up in the first quarter, Dallas Fed says

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Sentiment: Neutral ()

Activity in the U.S. oil and gas sector increased slightly in the first quarter of 2025, but uncertainty and pessimism among companies also rose, a Dallas Fed survey showed on …

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image for news US oil and gas activity edged up in the first quarter, Dallas Fed says
Crude Inventories Drop By 3.3 Million Barrels; WTI Oil Tests The $70.00 Level

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Sentiment: Neutral ()

Gasoline inventories declined by 1.4 million barrels.

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image for news Crude Inventories Drop By 3.3 Million Barrels; WTI Oil Tests The $70.00 Level

About VanEck Oil Services ETF OIH

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the oil services segment. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.