Schlumberger

Baker Hughes Co

Halliburton

TechnipFMC

ChampionX

Cactus

Noble Corp PLC

Weatherford International PLC

Transocean

VanEck Vectors Oil Services ETF

OIH tracks a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies.

Borr Drilling Ltd

Diamond Offshore Drilling Inc

Dawson Geophysical

ENGlobal

Enservco

Flotek Industries

Geospace Technologies

Independence Contract Drilling

KLX Energy Services Holdings Inc

NexTier Oilfield Solutions Inc

Natural Gas Services Group

SPDR S&P Oil & Gas Equipment & Services ETF

Given economic uncertainty and volatility in energy markets, I believe cautious oilfield services investors will want to avoid the highest risk investments in the sector. 58 oilfield services providers were screened for profitability based on net income margin; 26 were not profitable over the previous twelve months.

The Riskiest Investments In Oilfield Services

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Oil futures fell Friday, with benchmarks on track for their biggest weekly drops since early February, after Federal Reserve Chair Jerome Powell this week said interest rates would need to rise further than previously anticipated to get inflation under control.

Oil on track for biggest weekly loss since early February on fears of Fed rate rises

Oil prices were little changed on Friday as traders remained cautious about frequent and steeper rate hikes by the U.S. Federal Reserve, concerns that have triggered a rout in energy prices over the last three days.

Oil little changed, worries over rate hikes persist

Crude oil prices retreated as recession worries escalated after the government reported a big jump in weekly unemployment claims.

Oil Price Fundamental Daily Forecast – Recession Fears Offset Lower Yields, US Dollar

Oil prices finished lower on Thursday, extending their losses into a third straight session. Federal Reserve Chairman Jerome Powell's testimony to Congress this week boosted the possibility of more aggressive interest-rate hikes by the central bank, which could lead to a recession.

Oil futures extend losses into a third straight session

Oil markets are moving lower as traders worry that Fed's aggressive policy will put too much pressure on the economy.

Natural Gas, WTI Oil, Brent Oil – Oil Pulls Back From Session Highs As Traders Focus On Recession Risks

"The question is when do we break out? I predict sometime this summer we'll break past $80 WTI on the way to $90 a barrel."

Oil prices could jump 17% by summer as crude has now bottomed out, top shale CEO says

Crude oil markets have bounced a bit during the trading session on Thursday, as we continue to look for some type of longer-term direction.

Crude Oil Price Forecast – Crude Oil Markets Bounce Back During Thursday Session

Oil futures flipped between small gains and losses early Thursday, attempting to stabilize after back-to-back losses that analysts blamed largely on a warning from Federal Reserve Chair Jerome Powell this week that interest rates will need to rise higher, and possibly faster, than previously anticipated.

Oil steadies after Fed rate worries spark back-to-back losses

At an annual gathering in Houston, energy companies talked up an “orderly” transition. But they also seem reluctant to drill more.

Big Oil Gushes Cash Because It Doesn't Know Where to Invest

Oil prices were in a holding pattern on Thursday, as a larger-than-expected draw in U.S. crude stocks and hopes for China demand contended with worries that more aggressive U.S. interest rate rises would slow economic growth and dent oil consumption.

Oil flat as China hopes, US stock draw contend with economic concerns

Crude-oil prices settled lower on Wednesday, down a second session in a row. The Energy Information Administration reported the first weekly U.S. crude inventory decline in 11 weeks, but that failed to support prices in the wake of Federal Reserve Chairman Jerome Powell's remarks this week on the outlook for interest rates in testimony to Congress.

Oil futures log a second session decline after Powell's remarks

Natural gas settled below the 20 EMA and moved towards the $2.55 level.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Remain Under Pressure After EIA Report

Crude oil markets drifted lower during the trading session on Wednesday, as we continue to bounce around in a larger consolidation area.

Crude Oil Price Forecast – Crude Oil Markets Drop as Consolidation Continues

A group of bipartisan U.S. senators on Wednesday said they have reintroduced legislation to pressure the OPEC oil production group to stop making output cuts.

US senators reintroduce bill to pressure OPEC oil producer group

Oil futures were flat to slightly lower in early trade Wednesday, steadying after a selloff the previous session that analysts blamed in part on Federal Reserve Chair Jerome Powell's remarks on the U.S. interest rate outlook.

Oil steadies after Fed's Powell sparks selloff; await inventories data

Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into a deficit in the second half of the year due to growing demand in China.

Barclays cuts 2023 oil price forecasts on resilient Russian output

Oil traders are awaiting inventories data from the EIA, after the API reported a more significant than expected draw for the first time in 10 weeks.

Oil Price Fundamental Daily Forecast – Rebounding Ahead of EIA Report

Oil prices steadied in early Asian trade on Wednesday as industry data showed a draw in U.S. crude oil inventories, after the market tumbled in the previous session on fears more aggressive U.S. interest rate hikes would hit demand.

Oil stabilises as surprise US crude draw offsets rate hike jitters

The dollar is surging and commodity prices are slumping as Powell struck a hawkish tone in testimony in Washington, DC, on Tuesday.

Oil prices drop alongside other commodities as Fed Chair Powell opens the door to even higher US interest rates

Crude-oil prices finished with a loss of more than 3% on Tuesday. Weaker-than-expected Chinese import data fueled uncertainty over energy demand, as Federal Reserve Chairman Jerome Powell's testimony to the Senate Banking Committee left the door open for more aggressive interest-rate hikes.

Oil futures settle more than 3% lower on demand uncertainty, Powell's testimony

Fed's aggressive rate hikes may put too much pressure on the economy and reduce demand for oil.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Retreat On U.S. Rate Hike Fears

"The risk of a recession over the near term seems quite low," according to DataTrek's cofounder Nicholas Colas.

Oil prices are an 'underappreciated' indicator of a coming recession - and they're flashing signs the US will avoid a downturn

Oil futures fell early Thursday, feeling pressure after weaker-than-expected import data from China.

Oil lower after disappointing China import data

Crude oil traders will be eyeing the testimony of Fed Chair Powell, hoping he clarifies his outlook for the economy and the duration of rate hikes.

News for VanEck Vectors Oil Services ETF ETF (OIH)