Group 1 - The VanEck Oil Services ETF (OIH) has reached a 52-week high and is up 65.9% from its 52-week low price of $191.21 per share [1] - The underlying index, MVIS U.S. Listed Oil Services 25 Index, tracks U.S.-listed companies involved in oil services to the upstream oil sector, including oil equipment, services, and drilling [1] - The fund charges an annual fee of 35 basis points [1] Group 2 - The rally in oil prices this year is primarily due to U.S. intervention in Venezuela, creating uncertainty in future oil supply dynamics [2] - The United States Oil Fund LP (USO) has increased by 3.1% so far this year as of January 8, 2026 [2] - Geopolitical tensions are contributing to the rise of the oil services ETF OIH [2] Group 3 - OIH currently holds a Zacks ETF Rank of 3 (Hold) with a high-risk outlook [3] - The ETF may continue its strong performance in the near term, indicated by a positive weighted alpha of 26.64 [3]
Oil Services ETF (OIH) Hits New 52-Week High
ZACKS·2026-01-09 13:01