OIH News and Press, VanEck Vectors Oil Services From 08/10/23

2023-08-10 13:03:49 ET Oil ( CL1:COM ) prices were lower in Thursday's midday trading after setting a new 8-month high earlier in the day. After a rally since late June, VanEck expects the elevated prices in crude will hold. “We expect oil to hold its value due to significant...

2023-08-09 17:07:32 ET Summary Oil & gas stocks are showing high relative strength. At the same time, spot prices in crude oil and natural gas are breaking out of big multi-month bases. I realise that the strength in uranium miners (my recent conviction buy call) may be part o...

2023-08-07 15:40:00 ET Summary After making a new 2023 high on Monday, the market sold off for the next four days. The best performer last week was Volatility, as investors were concerned by the Fitch downgrade. The market made another new high for 2023 on Monday. For the rest...

2023-08-07 11:00:17 ET Summary Exxon's earnings are down but oil price-adjusted ROCE is at a 15-year high. Exxon's capital allocation decisions have positioned the company for structurally higher returns on capital, not seen since before the GFC. Don't just focus on the oil pr...

2023-08-07 00:45:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-08-03 15:30:03 ET Summary TechnipFMC reported its Q2 results highlighted by firming profitability and solid operating performance. The company has initiated a new quarterly dividend of $0.05 per share which yields approximately 1.1%. Strong earnings momentum can supp...

2023-07-31 17:30:25 ET U.S. crude oil prices climbed to fresh three-month highs Monday and posted their best monthly gains in a year and a half, supported by tightening global supply and rising demand. Front-month Nymex crude ( CL1:COM ) for September delivery closed +1.5% Mon...

2023-07-27 08:54:00 ET TD Wealth argued that the recent rally in oil ( CL1:COM ) prices may have more staying power than many think, thanks in part to macro and geopolitical sentiments and the basic fundamentals of oil's position. "So the fundamentals of supply demand are quite cons...

2023-07-24 09:33:41 ET Summary The Big 3 oilfield services players SLB, BKR and HAL all reported this week. All 3 see strength in international and offshore more than offsetting temporary weakness in North America. We are in the early stages of a multi-year capex cycle that po...

2023-07-18 20:45:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...