Crude Oil Price Prediction for Tomorrow, 13 October 2026
- October 12, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Crude Oil traded at Rs 8,879.00 per barrel on MCX, down 0.02%, on the 19 October 2026 futures. Nifty 50 fell 0.70%. India VIX rose 6.26% to 15.28. Next session is tomorrow, Tuesday 13 October.
Quick Answer
The crude oil price prediction for tomorrow is range-bound for Tuesday, 13 October 2026. Crude oil traded at Rs 8,879.00 per barrel on the 19 October futures, little changed, but only after a wide intraday swing. A flat close after that much movement shows buyers and sellers are evenly matched.
This crude oil price prediction for tomorrow follows a Monday, 12 October 2026 session in which crude oil futures on MCX were flat, down just 0.02 percent, after a wide intraday swing between 8,617 and 8,923.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking crude oil price and global cues ahead of the session tomorrow, which falls on Tuesday, 13 October 2026.
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What Monday Told Us
- Crude Oil traded at Rs 8,879.00 per barrel, down 0.02 percent on the 19 October 2026 futures, with a high of 8,923.00 and a low of 8,617.00.
- Nifty 50 fell 0.70 percent.
- India VIX rose 6.26 percent to 15.28.
Crude Oil Price Prediction for Tomorrow: Key Levels
Crude Oil (19 October 2026 futures) traded between 8,617.00 and 8,923.00 on Monday, against a previous close of 8,881.00, and settled at 8,879.00. On the downside, 8,617.00 is the first reference level to watch if Monday’s weakness extends. On the upside, 8,881.00 and 8,923.00 mark the nearest resistance. Univest’s analysts treat these as reference points drawn from Monday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Neutral | 8,617.00 | 8,881.00, 8,923.00 |
MCX contracts keep trading into the evening, so the last traded price can differ from the figures above by the time you read this. The levels here use the 19 October 2026 contract.
For traders, this crude oil price prediction for tomorrow is a framework for planning risk, with position size and stop levels left to the individual.
Key Drivers for Tomorrow
- Crude oil closed almost unchanged on the MCX 19 October contract, with a high of 8,923.00 and a low of 8,617.00.
- The intraday range of 306 points is wide for a flat close, so volatility is elevated.
- India imports most of its crude, so oil prices feed directly into inflation and the rupee.
Anyone following this crude oil price prediction for tomorrow should keep the next session’s opening range in view before reading too much into early moves.
What to Watch Alongside Crude Oil
Reliance Industries and Oil and Natural Gas Corporation are the large-cap stocks most often linked to crude moves. Reliance fell 0.97 percent on Monday while ONGC fell 0.57 percent, so both lagged a flat crude price.
How Monday’s Broader Session Unfolded
The Nifty 50 closed at 22,363.35, down 0.70 percent, with a high of 22,651.10 and a low of 22,304.45. The Sensex closed at 71,924.68, down 0.76 percent, and the Bank Nifty closed at 54,918.00, down 0.61 percent. India VIX, the market’s fear gauge, rose 6.26 percent to 15.28, which usually points to higher expected swings in the near term. The Monday decline followed a rebound on Friday, so part of the move may be a pullback rather than a fresh downtrend. The trigger for the broad decline was not independently confirmed.
Univest’s analysts suggest treating this crude oil price prediction for tomorrow as a preparation note for Tuesday, 13 October 2026, rather than a signal that changes overnight.
Analyst View for Tomorrow
Kunal Singla suggests that crude can stay in a range between 8,617 and 8,923, with a break of either level setting direction.
Ankit Jaiswal flags that a close at the previous level after a wide swing means the next move needs a fresh trigger, so watching global oil headlines matters more than usual.
This crude oil price prediction for tomorrow will be most useful when read alongside the support and resistance table above.
Why This Is Written for Tomorrow
This crude oil price prediction for tomorrow is written after the close on Monday, 12 October 2026, using Monday’s closing data, for the next trading session on Tuesday, 13 October 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.
MCX futures trade into Monday night, so global moves late on Monday can shift Tuesday’s opening price.
A fair reading of this crude oil price prediction for tomorrow is that Monday’s data sets the context, while Tuesday’s first hour decides how much of it carries forward.
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Risks to This Prediction
- A sharp move in global crude overnight could break the range quickly.
- Supply headlines from major producers can move crude sharply without warning.
- Thin volumes early Tuesday can exaggerate short-term moves.
Readers comparing views should note that this crude oil price prediction for tomorrow draws only on Monday’s closing numbers and the factors listed here.
As with any crude oil price prediction for tomorrow, the opening minutes of Tuesday’s trade will confirm or challenge the levels discussed here.
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The crude oil price prediction for tomorrow also depends on India VIX, so a fresh rise in volatility would weaken the case made here.
Conclusion
The crude oil price prediction for tomorrow leans range-bound into 13 October 2026, with global cues and the US Dollar Index as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Tuesday’s opening trade confirms direction.
Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.
Frequently Asked Questions
What is the crude oil price prediction for tomorrow?
Ans. It is range-bound for 13 October 2026, after Crude Oil traded at Rs 8,879.00 per barrel on Monday, down 0.02 percent.
Why is this a prediction for tomorrow, 13 October 2026?
Ans. Because it is written after the close on Monday, 12 October 2026, for the next regular trading session on Tuesday, 13 October 2026.
Why was crude oil flat on Monday?
Ans. Crude oil closed down just 0.02 percent after a wide intraday range of 8,617 to 8,923. The specific trigger was not independently confirmed.
How does crude oil affect Indian stocks?
Ans. Lower crude eases import costs and inflation concerns, which tends to help oil marketing companies, paints and aviation, while upstream producers can face pressure.
Is this a buy or sell call?
Ans. No. This is an educational outlook from Univest’s research team, not a buy or sell call. Traders should check any view against their own risk plan before acting.
