United States Baker Hughes US Oil Rig Count climbed from previous 410 to 415

May 15, 2026

WTI Oil extends rally as Trump signals Chinese buying, Hormuz supply risks persist

West Texas Intermediate (WTI) US Oil extends its rally on Friday, with the US benchmark trading around $100.90 at the time of writing, up 3.13% on the day, and breaking above the $100 level to reach a fresh weekly high.

Euro gains against British Pound amid rising UK leadership uncertainty

EUR/GBP climbs to near one-month highs on Friday as rising political uncertainty in the United Kingdom pressures the British Pound (GBP). At the time of writing, the cross is trading around 0.8726, on track for weekly gains.