Oil Services ETF (OIH) Hits 52-Week High: More Strength Ahead?
ZACKS·2026-03-27 16:36
Energy stocks are thriving while the broader market remains under pressure.In early 2026, with many investors adopting a cautious, bearish stance amid geopolitical tensions, moderating economic growth, and lingering concerns over inflation and interest rates, the VanEck Oil Services ETF has stood out as a notable exception.The ETF itself has recently touched fresh 52-week highs, and several of its top holdings have also been reaching new heights. This strength is occurring against a backdrop of higher oil p ...