VanEck Oil Services ETF (NYSEARCA:OIH) Hits New 52-Week High – What’s Next?

VanEck Oil Services ETF (NYSEARCA:OIH) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $375.86 and last traded at $374.04, with a volume of 664337 shares changing hands. The stock had previously closed at $367.11.

VanEck Oil Services ETF News Summary

Here are the key news stories impacting VanEck Oil Services ETF this week:

• Positive Sentiment: Russia’s Volgograd refinery halted processing after a reported drone attack, tightening regional supply and supporting near-term oil prices and potential activity for services firms. Russia’s Volgograd oil refinery halts processing after drone attack, sources say
• Positive Sentiment: Renewed U.S.–Iran tensions and related market reports are keeping a geopolitical risk premium alive, which can support dayrates and capex expectations for oil services. Oil prices rise on concerns about US-Iran tensions
• Neutral Sentiment: IEA says U.S. winter-storm-related lost output should rebound, implying supply restoration that could cap price spikes — mixed for services demand timing. IEA Expects Oil Supply to Rebound After U.S. Winter Storm Slashed Output
• Neutral Sentiment: Political uncertainty around U.S. involvement in Venezuela oil deals continued after President Trump said an oil magnate has no authority to act for the U.S.; outcome could change supply flows but is unclear. Trump says oil magnate Sargeant has no authority to act on behalf of U.S.
• Negative Sentiment: Oil plunged amid a broad commodity sell-off and demand worries, a direct negative for oilfield activity expectations and OIH. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 3.3% Amid Demand Worries
• Negative Sentiment: U.S. EIA reported a large 8.5M-barrel crude build and the IEA trimmed demand growth forecasts — both near-term bearish for oil prices and oil-services utilization. Oil News: Oil Futures Edge Lower Despite Iran Risk Premium Intact
• Negative Sentiment: The IEA said global oil demand will rise by less than expected in 2026, a structural headwind for activity and spending in the services sector. Global oil demand to rise by less than expected in 2026, IEA says

VanEck Oil Services ETF Stock Performance

The firm’s 50-day moving average is $319.70 and its two-hundred day moving average is $282.84. The stock has a market cap of $2.22 billion, a P/E ratio of 10.97 and a beta of 1.16.

Hedge Funds Weigh In On VanEck Oil Services ETF

Several hedge funds have recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec acquired a new stake in VanEck Oil Services ETF in the fourth quarter worth about $67,000. Commonwealth Equity Services LLC boosted its stake in shares of VanEck Oil Services ETF by 4.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 14,198 shares of the company’s stock valued at $4,043,000 after purchasing an additional 543 shares during the last quarter. Intesa Sanpaolo Wealth Management acquired a new stake in shares of VanEck Oil Services ETF during the 4th quarter worth approximately $195,000. Titleist Asset Management LLC raised its stake in shares of VanEck Oil Services ETF by 5.0% during the fourth quarter. Titleist Asset Management LLC now owns 1,355 shares of the company’s stock worth $386,000 after buying an additional 65 shares during the last quarter. Finally, Marex Group plc bought a new stake in shares of VanEck Oil Services ETF during the fourth quarter worth approximately $219,000. Institutional investors own 94.50% of the company’s stock.

VanEck Oil Services ETF Company Profile

The VanEck Oil Services ETF (OIH) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index, a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies. OIH was launched on Feb 7, 2001 and is managed by VanEck.