
VanEck Oil Services ETF (OIH) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Oil Services 25 Index (MVOIHTR), which is intended to track the overall performance of U.S.-listed companies involved in oil services to the upstream oil sector, which include oil equipment, oil services, or oil drilling.
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Oil prices remain bullish as rising Middle East tensions increase supply risks across major shipping routes.

Oil prices rose more than 1.5% to their highest in more than six weeks on Thursday, with the United States launching a new round of strikes on Iran and Yemen's Houthis targeting oil tankers in the Red Sea.

Goldman Sachs Global Commodities Research co-head Daan Struyven discusses the firm's forecast that Brent crude oil could reach $120 by the fourth quarter of 2026, how tensions in the Middle East are shaping global energy markets and more on 'The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #goldmansachs #oil #crudeoil #brentcrude #energy #markets #economy #investing #commodities #middleeast #global #world #finance #business #forecast #oilprices #geopolitics #inflation

U.S. stocks settled slightly lower as investors braced for a wave of major earnings.

The Joint Maritme Information Center warned shipowners that Houthis were ready to attack ships in the Bab al-Mandeb Strait.