Crude Oil Price Prediction for Tomorrow | MCX Crude Levels 26 June 2026
- June 25, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Crude Oil MCX Crude Oil Jul Futures: Rs 6,595 per barrel on 25 June 2026, -1.11%. Prev Rs 6,669. Nifty 24,056.00. VIX 13.05. Sensex expiry settled 77,100.47. S1: Rs 6,540.
The crude oil price prediction for tomorrow for 26 June 2026 shows MCX Crude Oil Jul Futures at Rs 6,595 per barrel (-1.11%) on 25 June 2026. Crude oil fell -1.11% to Rs 6,595 per barrel, the only MCX commodity still declining today, as Iran deal expectations of increased oil supply continue to weigh. The Nifty 50 closed at 24,056.00 (++0.14%) and the Sensex settled at 77,100.47 on its weekly options expiry day, closing above the 77,000 max pain zone. India VIX fell further to 13.05 (-2.54%), reflecting the calmest market conditions in several weeks as the crude oil price prediction for tomorrow heads into Friday.
Ankit Jaiswal, Senior Research Analyst at Univest, has analysed today’s MCX Crude Oil close, global cues, and F&O data to present the crude oil price prediction for tomorrow for Friday. Associate Director Kunal Singla provides broader market context as markets transition from the expiry-heavy week to a cleaner Friday session with no major index expiry on 26 June 2026.
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Crude Oil Prediction for Tomorrow: Today’s MCX Close
- MCX Close: MCX Crude Oil Jul Futures settled at Rs 6,595 per barrel (-1.11%) on 25 June 2026 from Rs 6,669. Crude fell -1.11% even as other MCX commodities bounced, reflecting the market’s singular focus on Iran deal supply expectations for crude oil. The crude oil price prediction for tomorrow starts from this position as markets open Friday with no index expiry influence.
- International Cue: Brent Crude at ~$68.50/bbl (-0.9%) in global markets is the primary overnight reference for the crude oil price prediction for tomorrow. Any significant move in Brent Crude after Indian market hours will directly gap the MCX opening for the crude oil price prediction for tomorrow on Friday.
- Sensex Expiry Context: Today’s Sensex weekly expiry settled at 77,100.47, above the 77,000 max pain. This smooth expiry outcome supports stable market conditions for the crude oil price prediction for tomorrow session on Friday, with VIX at 13.05 confirming low near-term volatility expectations.
Crude Oil Prediction for Tomorrow: MCX Key Levels
Trend: Cautiously Bearish | Range: Rs 6,540 to Rs 6,669 per barrel
| Level | Crude Oil (MCX Crude Oil Jul Futures) |
|---|---|
| Support 1 | 6,540 |
| Support 2 | 6,450 |
| Resistance 1 | 6,669 |
| Resistance 2 | 6,780 |
The crude oil price prediction for tomorrow from Ankit Jaiswal places Rs 6,540 per barrel as the immediate MCX support for Friday. A hold below this resistance keeps the near-term bias cautious with target Rs 6,450. Jaiswal notes that the crude oil price prediction for tomorrow for Friday is one of the cleaner trading sessions of the week as there is no index expiry event on 26 June 2026. The primary drivers for the crude oil price prediction for tomorrow are the Iran-US talk outcome (Day 5) and overnight Brent Crude direction.
Crude Oil F&O Analysis for 26 June 2026
- MCX Expiry Date: The active MCX Crude Oil contract (Crude Oil Jul Futures) expires on 20 July 2026. Pre-expiry OI positioning adds intraday direction to the crude oil price prediction for tomorrow on Friday as the contract approaches its settlement date.
- No Index Expiry Friday: Unlike the past four sessions which all had index expiry events (Nifty Tuesday, Bank Nifty Wednesday, Sensex Thursday), 26 June 2026 Friday has no major NSE or BSE index expiry. This makes the crude oil price prediction for tomorrow session on Friday relatively cleaner and more directionally driven by commodity-specific factors.
- Iran-US Talks Day 5: The Switzerland negotiations enter Day 5 on Friday. The final outcome of these talks remains the primary binary event for the crude oil price prediction for tomorrow and most MCX commodity prices going into the weekend.
Global Cues for Crude Oil Prediction for Tomorrow
- Brent Crude: At ~$68.50/bbl (-0.9%), the international benchmark sets the overnight directional tone for the crude oil price prediction for tomorrow. A sustained move above or below current levels overnight will directly gap the MCX opening for the crude oil price prediction for tomorrow on Friday.
- Iran-US Talks Day 5: A confirmed deal overnight would sharply alter the crude oil price prediction for tomorrow for crude, gold, and silver. A deal breakdown revives risk-on for base metals and commodities broadly, reversing recent trends for the crude oil price prediction for tomorrow.
- Dollar Index (DXY): DXY direction overnight directly affects rupee-denominated MCX prices. A softer dollar supports the crude oil price prediction for tomorrow’s upside for precious metals and base metals going into Friday’s session.
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MCX Trading Strategy: Crude Oil Prediction for Tomorrow
- Friday Session Setup: The crude oil price prediction for tomorrow on Friday benefits from a clean session with no index expiry influence. Position sizing can be slightly larger than expiry sessions given lower spread-widening risk for the crude oil price prediction for tomorrow.
- Watch Setup: The crude oil price prediction for tomorrow favours selling rallies toward Rs 6,669 with stop above Rs 6,780 targeting Rs 6,450.
- Iran-US News Alert: Set alerts for Iran-US talk updates from Switzerland. The crude oil price prediction for tomorrow can gap sharply on any confirmed deal or breakdown that occurs before or during Friday’s MCX session.
- Weekend Risk Management: The crude oil price prediction for tomorrow for Friday carries weekend carry risk. If the Iran-US deal is not resolved by Friday evening, positions held over the weekend face potential gap risk when markets reopen Monday.
What Global Data Says for crude oil price prediction for tomorrow
The crude oil price prediction for tomorrow is at a crossroads between two competing forces: the ongoing Iran deal optimism pressuring prices and the technical continuation seen in today’s session. Ankit Jaiswal notes that the crude oil price prediction for tomorrow for Friday is driven primarily by whether Iran-US talks in Switzerland produce a definitive outcome before or during the Friday MCX session.
Kunal Singla observes that India VIX falling to 13.05 and the Sensex expiry settling cleanly at 77,100.47 on 25 June 2026 create a stable macro backdrop for the crude oil price prediction for tomorrow heading into Friday. Lower VIX reduces the probability of extreme intraday swings in the crude oil price prediction for tomorrow, supporting a range-bound session between Rs 6,540 and Rs 6,669 unless a major Iran-US news event breaks.
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Risks to Crude Oil Prediction for Tomorrow
- Iran Deal Confirmation or Collapse: A confirmed Iran deal overnight would sharply alter the crude oil price prediction for tomorrow via energy and safe-haven price channels. A deal collapse would create the opposite effect, potentially invalidating the current crude oil price prediction for tomorrow technical framework.
- Iran Deal Collapse: A breakdown in Switzerland overnight would spike crude above Rs 6,851 (previous high), sharply reversing the crude oil price prediction for tomorrow above Rs 6,780 resistance.
- Weekend Gap Risk: If the crude oil price prediction for tomorrow position is held into Friday close, any Iran-US development over the weekend will create a gap when MCX reopens Monday, potentially breaching stop levels defined in the crude oil price prediction for tomorrow.
- Dollar Spike: A sharp DXY surge overnight would pressure rupee-denominated MCX prices and create gap-down risk for the crude oil price prediction for tomorrow on Friday opening.
Stocks to Watch Tomorrow, 26 June 2026
Ankit Jaiswal and Kunal Singla of Univest identify three equity stocks for Friday 26 June 2026. There is no major index expiry on Friday, making it a cleaner directional trading session. Picks are based on today’s post-Sensex expiry close and sector momentum.
| Stock | CMP (25 June 2026) | Entry Zone | Target | Stop Loss |
|---|---|---|---|---|
| ICICI Bank | Rs 1,387.50 | Rs 1,382 to Rs 1,392 | Rs 1,412 to Rs 1,420 | Rs 1,368 |
| HDFC Bank | Rs 796.30 | Rs 793 to Rs 799 | Rs 812 to Rs 818 | Rs 783 |
| Reliance Industries | Rs 1,318.10 | Rs 1,314 to Rs 1,320 | Rs 1,338 to Rs 1,345 | Rs 1,300 |
ICICI Bank closed at Rs 1,387.50 (++1.01%) today, the standout banking performer on Sensex expiry day. Jaiswal flags Rs 1,382 to Rs 1,392 as the entry zone with target Rs 1,412 given continued momentum. HDFC Bank at Rs 796.30 (++0.39%) is the largest Sensex constituent and remains constructive above Rs 793 support. Singla places target at Rs 812 to Rs 818 with stop at Rs 783. Reliance Industries at Rs 1,318.10 (++0.34%) benefits from continued crude oil weakness (Iran deal), which reduces input costs for its downstream business. Jaiswal sees Rs 1,314 to Rs 1,320 as the entry zone with target Rs 1,338 to Rs 1,345 and stop at Rs 1,300.
Conclusion
The crude oil price prediction for tomorrow for 26 June 2026 is cautiously bearish with MCX support at Rs 6,540 and resistance at Rs 6,669 per barrel. Ankit Jaiswal notes that Friday is a cleaner session for the crude oil price prediction for tomorrow with no index expiry influence and VIX at a multi-week low of 13.05. The Iran-US Switzerland talk outcome (Day 5) is the dominant overnight swing factor for the crude oil price prediction for tomorrow heading into Friday and the weekend.
This crude oil price prediction for tomorrow is based on MCX data as of close of trade on 25 June 2026. Monitor Brent Crude overnight and MCX opening cues before placing positions in the crude oil price prediction for tomorrow for Friday. Manage weekend carry risk by reducing position size or squaring off before Friday MCX close.
Disclaimer: Data and figures are sourced from publicly available information. Please verify all data with NSE (nseindia.com), BSE (bseindia.com) and MCX (mcxindia.com) before investing. Investments are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the crude oil price prediction for tomorrow, 26 June 2026?
Ans. The crude oil price prediction for tomorrow for 26 June 2026 shows MCX Crude Oil at Rs 6,595 per barrel (-1.11%) on 25 June 2026. Support is Rs 6,540 and resistance Rs 6,669 per barrel. Iran-US talks Day 5 and Brent Crude at ~$68.50/bbl are the key overnight factors for the crude oil price prediction for tomorrow on Friday.
What is MCX Crude Oil support for 26 June 2026?
Ans. The crude oil price prediction for tomorrow places MCX Crude Oil support at Rs 6,540 and Rs 6,450 per barrel. Resistance levels are Rs 6,669 and Rs 6,780. A sustained break above Rs 6,669 with volume would signal a bullish breakout in the crude oil price prediction for tomorrow for Friday.
When is MCX Crude Oil expiry?
Ans. The active MCX Crude Oil contract (Crude Oil Jul Futures) expires on 20 July 2026. Pre-expiry OI positioning will add intraday direction to the crude oil price prediction for tomorrow on Friday as the contract approaches settlement.
Is there any index expiry on 26 June 2026?
Ans. No. Friday 26 June 2026 has no major NSE or BSE index expiry. The past four sessions had Nifty 50 (Tuesday), Bank Nifty (Wednesday), and Sensex (Thursday) expiries. This makes the crude oil price prediction for tomorrow session on Friday cleaner and more commodity-specific driven.
What stocks to watch alongside the crude oil price prediction for tomorrow?
Ans. Alongside the crude oil price prediction for tomorrow on Friday, ICICI Bank (entry Rs 1,382 to Rs 1,392, target Rs 1,412), HDFC Bank (entry Rs 793 to Rs 799, target Rs 812), and Reliance Industries (entry Rs 1,314 to Rs 1,320, target Rs 1,338) are the key equity picks for Friday’s no-expiry session.
