OIS
NYSE · Energy
Oil States International Inc
$7.95
-0.10 (-1.24%)
OIS News30 articles
Oil Prices Decline as US Waiver Eases Iran Supply Fears
Oil prices slid for a second day as a US waiver on Iranian oil sales and resumed Strait of Hormuz tanker traffic eased supply fears.
Alphabet's AI Cost Fears Trigger Nasdaq Slide; Dow Gains on Oil Drop
Alphabet (GOOGL) tumbled 5.5% on AI spending worries, pulling the Nasdaq down 1.41%, while a drop in oil prices lifted the Dow 0.12%.
Transocean Shares Dip 12% on Oil Volatility and Valaris Merger Doubts
Transocean shares dropped 12% to $5.31 amid oil volatility and uncertainty over the Valaris merger, despite $185 million in new contracts. The stock eyes support at $5.14.
Industrial Sector Outperforms as Falling Oil and AI Demand Fuel Rally
S&P 500 industrials surged 2.6% last week, outpacing the market as falling oil prices eased transport costs and AI-driven equipment orders rose. FedEx earnings and key U.S. data this week will test the rally.
Energy Stocks on Edge as Strait of Hormuz Closure Roils Markets
The Energy Select Sector SPDR Fund fell 6.6% as Iran's Strait of Hormuz blockade halted tanker traffic. U.S. energy stocks like Exxon Mobil, Chevron, and ConocoPhillips face potential swings when markets reopen Monday.
Exxon Mobil Slides 6% as Oil's War Premium Fades
Exxon Mobil shares slid 6.3% for the week to $137.81 as Brent crude dropped 8% on improved Strait of Hormuz flows and easing war risk, despite a Bank of America upgrade to Buy and a new LNG deal in South Africa.
Strait of Hormuz Reopens, Oil Prices Tumble as Supply Fears Ease
Oil prices plunged nearly 10% this week as tanker traffic resumed through the Strait of Hormuz after a US-Iran interim deal, but analysts caution that risks remain.
Air Canada Nears 52-Week High Amid Falling Oil Prices and Geopolitical Risks
Air Canada shares closed at C$24.20, up 4.6% and just a cent shy of its 52-week high, driven by lower oil prices. However, the airline has withdrawn its 2026 outlook due to unpredictable fuel costs, and renewed Middle East tensions threaten to push jet fuel higher.
American Airlines Gains on Lower Oil as Fuel Risk Eases
American Airlines shares surged 6.7% to $15.99 over the Juneteenth-shortened week as lower oil prices eased jet fuel cost fears, outpacing peers.
Saudi Aramco Plans Global Oil Storage Expansion After Hormuz Disruption
Saudi Aramco is considering expanding its global oil storage network after the Iran war disrupted Strait of Hormuz flows, with Chairman Yasir Al-Rumayyan emphasizing that supply security now requires more than spare capacity.
VIX Tumbles as US-Iran Truce Eases Oil Fears, But Political Risk Persists
The VIX dropped 11% to 16.40 as the US-Iran deal eased oil and inflation fears, but canceled talks in Switzerland keep political risk in focus.
American Airlines Gains 3.7% as Oil Retreats, Fuel Costs in Focus
American Airlines (AAL) surged 3.7% to $15.99 on heavy volume as easing oil prices fueled a travel stock rally before the Juneteenth break. The move hinges on fuel relief and demand.
Transocean Shares Slide 5.9% as Oil Price Drop Overshadows $185M Contract Backlog
Transocean shares tumbled 5.9% to $5.25 as oil prices fell on a US-Iran deal to reopen the Strait of Hormuz, overshadowing $185 million in new contract backlog.
Dow Edges Higher on Tech Rally, Falling Oil Prices Ease Inflation Fears
The Dow closed up 131 points as semiconductor stocks rallied on Intel's record high and lower oil prices eased inflation concerns, though Fed uncertainty lingered.
Gas Dips Below $4 as Iran Deal Eases Oil Supply Fears
U.S. gasoline prices dipped below $4 a gallon Thursday after a U.S.-Iran interim deal to reopen the Strait of Hormuz, triggering a 2.33% drop in Brent crude and 2.46% in WTI; analysts warn relief may be slow as shipping risks and stalled production could delay full oil flow recovery for months.
Chip Stocks Rally on Apple-Intel Deal, Oil Drop Offsets Fed Hawkish Tone
Chip stocks rallied on Apple-Intel partnership news, lifting the Nasdaq 1.04%. Oil prices slid after a US-Iran deal, offsetting the Fed's hawkish signals.
Dow Rises on Chip Rally as Oil Slips; Fed Rate Outlook Clouds Gains
The Dow gained 0.39% as chip stocks rallied on Intel's Apple deal and oil prices fell, but Fed rate concerns lingered with a 50% chance of a September hike.
Dow Futures Gain as Oil Slips; Fed Rate Hike Odds Rise
Dow futures advanced Thursday, buoyed by falling oil prices and a surge in chip stocks, while traders increased bets on a September Fed rate hike following steady rates and robust retail sales data.
American Airlines Stock Edges Up as Falling Oil Prices Ease Cost Concerns
American Airlines shares gained 1.36% premarket as softer oil prices provided relief from fuel cost pressures. Jefferies raised its price target to $15, citing strong demand, but options activity signaled bearish sentiment.
Oil Plunges as US-Iran Deal Reopens Hormuz, Gas Relief Slow
Oil prices dropped sharply after the US-Iran interim deal reopened the Strait of Hormuz, but tight gasoline inventories may delay relief at the pump.
Oil Prices Slide on US-Iran Deal, Pump Relief Delayed
Oil prices fell sharply as the US and Iran reached an interim agreement to end the war and reopen the Strait of Hormuz, though tight inventories mean cheaper gas won't arrive immediately.
Nasdaq Futures Rise as Markets Await Fed Decision, Oil Decline Eases Inflation Fears
Nasdaq 100 futures climbed 0.63% premarket as tech stocks rebounded ahead of the Fed's first decision under new Chair Kevin Warsh, with oil prices below $80 on U.S.-Iran deal hopes easing inflation fears.
American Airlines Gains as Oil Plunges and Jefferies Boosts Price Target
American Airlines shares climbed 1.6% to $15.71 as oil prices tumbled 5% on Strait of Hormuz reopening hopes, easing fuel cost pressures. Jefferies raised its price target to $15, citing solid demand and higher fares.
Warsh's First Fed Meeting Holds Rates Steady Amid Iran Deal Oil Drop
The Fed held rates steady at 3.50%-3.75% in Kevin Warsh's first meeting, with markets focused on his rate forecast stance, as an interim Iran deal eased oil risk.
JPMorgan Stock Rallies as Oil Drop Fuels Financial Sector Rotation
JPMorgan Chase shares jumped 3.3% to $330 as sliding oil prices and easing inflation fears sparked a rotation into financial stocks, pushing the Dow to a record high.
Dow Hits New Peak as Oil Slide Eases Inflation Fears, Fed Meeting Looms
The Dow Jones Industrial Average surged 0.7% to a record 52,031.80 as falling oil prices eased inflation fears, with investors eyeing the Fed's decision and Chair Warsh's press conference.
Shell Shares Dip as Oil Price Decline and Buyback Pause Weigh
Shell shares declined 0.32% in London as Brent crude fell to a three-month low and the company paused its $3 billion buyback ahead of the ARC Resources acquisition, removing near-term support.
Oil Price Plunge on Iran Deal Drives Mortgage Rates to One-Month Low
Mortgage rates hit a one-month low of 6.56% after oil prices fell sharply on a tentative U.S.-Iran deal. Markets now focus on the Fed's upcoming rate decision.
Wall Street Rallies as Oil Retreats; Fed Decision Looms
U.S. stocks rallied Monday on falling oil prices and a U.S.-Iran deal, with the Nasdaq up 3.07%. Markets now await the Fed's decision Wednesday.
American Airlines Stock Rises on Oil Price Drop Amid Iran Deal
American Airlines shares climbed 3.3% to $15.46 after oil prices plunged on a U.S.-Iran deal easing Strait of Hormuz fears, lifting hopes for lower fuel costs.