OIH News and Press, VanEck Vectors Oil Services From 07/12/22

WTI crude oil plunges back below $100/bbl on Tuesday, as fears of a global economic slowdown and a strong dollar continue to weigh on stocks and commodities. Additionally, Shanghai and some other Chinese cities are enacting fresh COVID-19 restrictions from business shutdowns...

When thinking about oil and gas prices, think in terms of time, not just in price. Consensus analysts are probably aiming too low with their long-run oil and gas price forecasts. A look at the drivers of major oil and gas bull markets. There's a ton of focus in financial...

The “forward 4-quarter” estimate for the S&P 500 has slid sequentially for the last two-three weeks falling to $240.83 from $241.70 two weeks ago. The airline stocks, which have never been owned in any size in the last 20 years – with the occasional trade made...

Energy shares may be losing their status as the place where investors can find refuge from this year's market carnage, -2.3% in the week just ended to rank next to the bottom of the sector standings, leading only the utilities group. The S&P 500 Energy Sector index ( N...

Following two price hikes in the past two quarters, DMC Global's gross margin made a considerable stride in Q1. Its newly added Arcadia segment has brought in the civic facilities, education, and healthcare end markets, which are typically countercyclical and have consistent demand. ...

Crude oil futures extended their losses on Wednesday following yesterday's brutal selloff, with Brent futures now joining WTI in dipping below $100/bbl amid ongoing worries about a recession that would hurt energy demand. August WTI crude ( CL1:COM ) -3.2% at $96.27/bb...

As European spot prices for gas break new records, it is becoming clear that natural gas will be one of the major battlefields of the geoeconomic war between Russia and the West. Despite a popular perception that gas exports are a major source of funding for Putin’s war chest, ...

As many countries look to replace Russian energy, the abundance of resources in the US has taken on new importance – for both the US and its allies. The growth in US energy production over the last 10+ years has facilitated a downward trend in imports and a rise in exports, mak...

Recession fears and an accelerated Federal Reserve interest rate hiking trajectory weighed on markets during the second quarter, resulting in the weakest first half performance since 1970. The short end of the yield curve increased dramatically during Q2, with policy interest rates st...

Energy company shares ( NYSEARCA: XLE ) fell by the most of any S&P sector on Tuesday, as ramped up recession fears connected with concerns over weakening demand, outweighing a fundamentally tight supply market and pushed U.S. crude oil below $100/bbl for the first time sinc...