Support Status
Microsoft's release of SQL Server 2012 (internal code: 'Denali') is the last to include an OLE DB provider for SQL Server, but support will continue for 7 years. According to a related Microsoft FAQ, "Providers like ADO.Net which can run on top of OLE DB will not support OLE DB once the latter is deprecated", but the same answer in the FAQ states that the original post relates only to the OLE DB provider for SQL Server, so the position of OLE DB itself remains unclear. The same FAQ states that ODBC performs better than OLE DB in most cases.
Read more about this topic: OLE DB
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