Update On OIH As The Bullish Trend Continues
Summarize this article with:
Andrew HechtInvesting Group LeaderFollow5ShareSavePlay(7min)CommentsSummaryVanEck Oil Services ETF remains a 'Buy,' supported by robust demand for oil and gas services despite crude oil price weakness.OIH has surged 62.9% from its April 2025 low, far outperforming crude oil, driven by favorable U.S. energy policy and strong EPS from top holdings.OIH's top holdings—SLB, BKR, and HAL—comprise 37.61% of assets; the ETF boasts $1.31 billion AUM, a 1.92% yield, and a 0.35% fee.Technical momentum is strong, with support at $191.21 and resistance at $364.08, and Seeking Alpha ETF grades remain stable with improved momentum. Ensup/iStock via Getty Images I rated the VanEck Oil Services ETF (OIH) a "Buy" in my Oct. 14, 2025, Seeking Alpha article, where I concluded with the following: I continue to rate OIH a Buy, as demand for oil andThis article was written byAndrew Hecht30.69K FollowersFollowAndrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls; directional trading recommendations, and actionable ideas for traders. Learn more.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.