Oil States International, Inc. (OIS) shares declined 0.54% to $5.48 in after-hours trading, following a 3.67% drop to close at $5.51 on November 25, 2024. The after-hours movement comes amid broader market reactions to geopolitical developments and policy announcements. President-elect Donald Trump's nomination of Scott Bessent as Treasury Secretary, who advocates for a significant increase in U.S. oil production, has raised concerns about potential oversupply in the market. Bessent's 3-3-3 policy aims to boost oil output by 3 million barrels per day, which could pressure oil prices and, consequently, oil-related stocks like Oil States International. Additionally, reports of a cease-fire agreement between Israel and Hezbollah have contributed to a decline in oil prices, further impacting the energy sector.