Rising oil prices and hawkish Fed policy are supporting the dollar, putting currency and energy ETFs in focus.
Looking for broad exposure to the Energy - Equipment and services segment of the equity market? You should consider the VanEck Oil Services ETF (OIH), a passively managed exchange traded fund launched on December 20, 2011.
VanEck Oil Services ETF remains in a strong bullish trend, making higher highs since its 2020 low and currently trades around $423 per share. OIH is rated a Buy, with the next technical resistance target at $597.30, supported by robust earnings from top holdings SLB, HAL, and BKR. Geopolitical turmoil, U.S. energy policy, and increased refining margins continue to drive demand for oil services and support OIH's upside potential.
The VanEck Oil Services ETF (OIH) was launched on December 20, 2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Equipment and services segment of the equity market.
If you put $10,000 into the VanEck Oil Services ETF (NYSEARCA:OIH) at the closing bell on December 31, 2025, you were sitting on roughly $15,100 five months later.
VanEck Oil Services ETF offers exposure to oilfield services companies poised to benefit from a global capex upcycle. OIH's diversified, equal-weighted portfolio and 0.35% expense ratio position it favorably versus more concentrated peers like IEZ. Global oil stockpile drawdowns and supply disruptions are driving a surge in upstream capex, directly benefiting OIH's holdings.
Designed to provide broad exposure to the Energy - Equipment and services segment of the equity market, the VanEck Oil Services ETF (OIH) is a passively managed exchange traded fund launched on December 20, 2011.
WTI crude oil is trading near $105 per barrel, a level that was unthinkable just a few months ago when prices bottomed near $57 late last year.
Even in a bearish or uncertain macro backdrop, higher oil prices can create meaningful opportunities in the oil services space.
WTI crude oil has surged from $55.44 in mid-December 2025 to nearly $93 in mid-March 2026, a recovery that has driven energy equities sharply higher.
VanEck Oil Services ETF is rated Hold, reflecting risks from Middle East conflict-driven operational disruptions despite surging oil prices. OIH underperformed compared to oil prices, falling 3% while WTI rallied 15%, as investors priced in negative impacts on oilfield services companies' revenues and profits. Top OIH holdings like SLB, BKR, and WFRD face material revenue exposure to the Middle East, amplifying risk from suspended drilling and delayed projects.
The VanEck Oil Services ETF ( NYSEARCA:OIH ) gives energy investors broad exposure to the drilling cycle without picking individual stocks in one of the market's most volatile corners.