Crude Oil Price Forecast – Crude Oil Markets Continue to Pressure the Upside

Crude oil markets have continued to pressure major resistance during the session on Monday, as we find plenty of buyers on dips.

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United States Goods Trade Balance dipped from previous $-59.1B to $-86.9B in November 29 January 2026

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United States Initial Jobless Claims above forecasts (205K) in January 23: Actual (209K) 29 January 2026

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EUR/GBP flat as ECB monitors Euro strength, markets eye GDP data 29 January 2026

The Euro (EUR) holds firm against the British Pound (GBP) on Thursday, stabilising after coming under pressure in the previous session amid rising speculation that the European Central Bank (ECB) could cut interest rates later this year.

Brent: Oil prices rise amid geopolitical tensions – BNY 29 January 2026

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South Africa SARB Interest Rate Decision remains unchanged at 6.75% 29 January 2026

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Crude Oil Price Forecast – Crude Oil Markets Continue to Pressure the Upside

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