Venezuela oil producer to expand drilling fleet to 41 rigs in November
Published . Updated .
North America Blue Energy Partners (NABEP) plans to expand its drilling and well-servicing fleet in Venezuela to 41 rigs in November as the oil producer increases output in the South American country.
Directly affected
- No company is named in this report.
Indirectly affected
- OIH VanEck Oil Services ETF+2.0% 30d
VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “rigs” (oilfield services) in this story.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- SLB Slb N.V+3.8% 30d
Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “rigs” (oilfield services) in this story.
- HAL Halliburton+3.3% 30d
Halliburton (oil and gas field services): drillers get more work when oil companies spend more. Linked by “rigs” (oilfield services) in this story.
- BKR Baker Hughes-4.5% 30d
Baker Hughes (oil and gas field machinery and equipment): drillers get more work when oil companies spend more. Linked by “rigs” (oilfield services) in this story.
- PTEN Patterson-UTI Energy+7.2% 5d
Patterson-UTI Energy (drilling oil and gas wells): drillers get more work when oil companies spend more. Linked by “rigs” (oilfield services) in this story.
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| OIH | -2.14% | -0.61% | base | after close | after close | after close | after close |
| USO | -1.54% | -1.29% | base | after close | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| SLBNo price data for this ticker | — | — | — | — | — | — | — |
| HALNo price data for this ticker | — | — | — | — | — | — | — |
| BKRNo price data for this ticker | — | — | — | — | — | — | — |
| PTENNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -1.45% | -2.77% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Venezuela oil producer to expand drilling fleet to 41 rigs in November Bilyonaryo Business
Source: Bilyonaryo Business
Vaneck Vectors Etf (OIH) compared with energy stocks (XLE) since 1 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Vectors Etf (OIH) | three days earlier | -0.61% | final price |
| Vaneck Vectors Etf (OIH) | five days earlier | -2.14% | final price |
| United States Oil Fund (USO) | three days earlier | -1.29% | final price |
| United States Oil Fund (USO) | five days earlier | -1.54% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -2.77% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -1.45% | final price |
Congressional trades in Vaneck Vectors Etf (OIH) around 1 Nov 2026
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 18 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 62 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Vaneck Vectors Etf (OIH) on one side of this energy story
Companies mentioned with this story
- OIH Vaneck Vectors Etf
For “Venezuela oil producer to expand drilling fleet to 41 rigs in November,” Vaneck Vectors Etf (OIH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “rigs” (oilfield services) in this story
- USO United States Oil Fund
In “Venezuela oil producer to expand drilling fleet to 41 rigs in November,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
In “Venezuela oil producer to expand drilling fleet to 41 rigs in November,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story
- SLB Slb
In “Venezuela oil producer to expand drilling fleet to 41 rigs in November,” Slb (SLB) is linked, with no stored direction, medium confidence. Reason on file: Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “rigs” (oilfield services) in this story
- HAL Halliburton
In “Venezuela oil producer to expand drilling fleet to 41 rigs in November,” Halliburton (HAL) is linked, with no stored direction, medium confidence. Reason on file: Halliburton (oil and gas field services): drillers get more work when oil companies spend more. Linked by “rigs” (oilfield services) in this story
- BKR Baker Hughes
Baker Hughes (BKR) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Venezuela oil producer to expand drilling fleet to 41 rigs in November.” Reason on file: Baker Hughes (oil and gas field machinery and equipment): drillers get more work when oil companies spend more. Linked by “rigs” (oilfield services) in this story
- NE Noble
For “Venezuela oil producer to expand drilling fleet to 41 rigs in November,” Noble (NE) is linked, with no stored direction, medium confidence. Reason on file: Noble (drilling oil and gas wells): drillers get more work when oil companies spend more. Linked by “rigs” (oilfield services) in this story
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Venezuela oil producer to expand drilling fleet to 41 rigs in November.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
Vaneck Vectors Etf (OIH) and the energy link
“Venezuela oil producer to expand drilling fleet to 41 rigs in November” (1 Nov 2026) reaches Vaneck Vectors Etf (OIH) through Energy.
Vaneck Vectors Etf (OIH) is on the page because VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “rigs” (oilfield services) in this story
United States Oil Fund (USO) is here too. Its reason reads: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Price levels for Vaneck Vectors Etf (OIH)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. OIH traded between 367.58 and 412.72 across 20 sessions. The latest close on file is 409.20. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 168.83.
The energy score for Vaneck Vectors Etf (OIH)
46 out of 100
“Venezuela oil producer to expand drilling fleet to 41 rigs in November” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.