Crude Oil Price Prediction for Tomorrow, 13 November 2026
- November 12, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Crude oil fell 1.45% to Rs 8,065.00 per barrel. Nifty 50 rose 0.18% to 25,299.35 on Thursday. India VIX fell 5.30% to 16.63. Next regular session is tomorrow, Friday, 13 November.
Quick Answer
The crude oil price prediction for tomorrow is mildly cautious for Friday, 13 November 2026. Crude oil fell 1.45 percent to Rs 8,065.00 per barrel on the 19 November 2026 futures contract, after trading between 7,985.00 and 8,226.00. The price sat 161.00 rupees below the high of 8,226.00 and 80.00 rupees above the low of 7,985.00, so the contract was nearer the low of its range. The high of 8,226.00 rose above the previous settlement of 8,184.00, but the contract could not hold there. The contract opened below the previous settlement and rose to 8,226 before selling returned.
This crude oil price prediction for tomorrow follows a Thursday, 12 November 2026 session in which crude oil futures on MCX fell 1.45 percent to Rs 8,065.00 per barrel on the 19 November contract, against a previous settlement of 8,184.00, inside a range of 241.00 rupees.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking global cues and currency moves ahead of Friday’s session, the next regular trading day after Thursday’s close.
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What Thursday Told Us
- Crude oil fell 1.45 percent to Rs 8,065.00 per barrel on the 19 November 2026 futures contract, with a high of 8,226.00 and a low of 7,985.00.
- Nifty 50 rose 0.18 percent to 25,299.35.
- India VIX fell 5.30 percent to 16.63.
- Most active among the stocks Univest tracked: Zee Entertainment (about 72.6 million shares), HDFC Bank (about 38.3 million) and ONGC (about 24.5 million).
Crude Oil Price Prediction for Tomorrow: Key Levels
Crude oil (19 November 2026 futures) traded between 7,985.00 and 8,226.00 on Thursday, opened at 8,038.00, against a previous settlement of 8,184.00, and was at 8,065.00 when the data was pulled. On the downside, 8,038.00 and 7,985.00 are the first reference levels to watch if the day’s move is tested. On the upside, 8,184.00 and 8,226.00 mark the nearest resistance. Univest’s analysts treat these as reference points drawn from Thursday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Negative | 8,038.00, 7,985.00 | 8,184.00, 8,226.00 |
MCX contracts keep trading into the evening, so the live price can differ from these figures. The levels here use the 19 November 2026 futures contract and its previous settlement of 8,184.00.
For traders, the 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 Friday
- Crude oil fell 1.45 percent from a previous settlement of 8,184.00 and traded above its open of 8,038.00.
- The 19 November contract is close to expiry, and the 18 December contract was at 8,006.00, down 1.32 percent, so the next contract also fell.
- Global supply headlines and the rupee-dollar rate remain the usual external drivers for MCX prices.
Ankit Jaiswal and Kunal Singla flag the first half hour of Friday’s trade as the point to revisit this crude oil price prediction for tomorrow.
Anyone following the crude oil price prediction for tomorrow should keep the opening range in view before reading too much into early moves.
Nothing in this crude oil price prediction for tomorrow is a promise of returns, and every level quoted can fail.
What to Watch Alongside Crude Oil
Energy-linked shares were mixed: ONGC fell 1.01 percent to Rs 224.50, while Reliance Industries rose 0.32 percent to Rs 1,339.70. Natural gas rose 1.96 percent, so the two energy contracts moved in opposite directions.
In short, the crude oil price prediction for tomorrow rests on Thursday’s verified prices and the overnight risks listed below.
These are educational views, not buy calls, and each should be checked against your own risk plan before acting.
How Thursday’s Broader Session Unfolded
The Nifty 50 closed at 25,299.35 on Thursday, up 0.18 percent from Wednesday’s close of 25,255.05. It opened at 25,213.50, touched a high of 25,384.80, dipped to 25,142.95 and finished about 85 points below the high. The Sensex closed at 81,911.01, up 0.04 percent, while the Bank Nifty closed at 61,518.50, up 1.19 percent, about 27 points below its high of 61,545.85. Nifty Midcap 50 rose 0.74 percent and the Nifty 500 rose 0.36 percent, while Nifty Next 50 was marginally lower, down 0.01 percent, so mid-caps did better than the large-cap benchmark. Nifty PSU Bank rose 1.51 percent and Nifty Private Bank rose 0.87 percent, while Nifty Auto fell 1.02 percent and Nifty FMCG fell 0.74 percent. India VIX, the market’s fear gauge, fell 5.30 percent to 16.63 from 17.56, after trading between 15.25 and 17.56 during the day. In the options market, the Nifty put-call ratio was approximately 0.85, with call open interest highest at the 25,500 strike and put open interest highest at 25,000, for the 17 November expiry. The trigger for Thursday’s moves was not independently confirmed.
Placed against that backdrop, the crude oil price prediction for tomorrow reads Thursday’s move in the context of a broader market that closed higher.
Analyst View for Friday
Kunal Singla suggests that crude oil needs a recovery toward 8,184.00, the previous settlement, to improve the tone, with 8,038.00 the first support.
Ankit Jaiswal flags that a move below 7,985, the low, would extend the fall, while 8,038, the open, is the first resistance
Both analysts stress that the crude oil price prediction for tomorrow is a view built on levels and data, not a forecast of returns.
A fair reading of this crude oil price prediction for tomorrow is that Thursday’s data sets the context, while Friday’s first hour decides how much of it carries forward.
Why This Is Written for Tomorrow
This crude oil price prediction for tomorrow is written on Thursday, 12 November 2026, after the close, using today’s closing data, for the next regular trading session tomorrow, Friday, 13 November 2026. NSE and BSE traded as normal today, and tomorrow is a regular session with no exchange holiday.
Because the equity market is shut for the day, the crude oil price prediction for tomorrow relies on Thursday’s close rather than any live price.
MCX contracts were still trading when the data was pulled at 3:39 PM IST and keep trading into the evening, so prices at the time you read this can differ from the figures above. The levels use the 19 November 2026 futures contract.
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Risks to This Prediction
- A rebound above the previous settlement of 8,184.00 would soften the weak tone, while a break below the low of 7,985.00 would deepen it.
- Because the 19 November contract nears expiry, thin positions can exaggerate moves around the roll to December.
- Supply news overnight can gap MCX prices in either direction.
Readers comparing views should note that this crude oil price prediction for tomorrow draws only on Thursday’s closing numbers and the factors listed here.
As with any crude oil price prediction for tomorrow, the opening minutes of Friday’s trade will confirm or challenge the levels discussed here.
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Conclusion
The crude oil price prediction for tomorrow leans mildly cautious into 13 November 2026, with global supply headlines and the rupee-dollar rate as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Friday’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 mildly cautious for 13 November 2026, after Crude oil fell 1.45 percent to Rs 8,065.00 per barrel on Thursday.
Why is this a prediction for tomorrow, 13 November 2026?
Ans. Because this note is published on Thursday, 12 November 2026, after the close, and the next regular trading session is tomorrow, Friday, 13 November 2026. There is no exchange holiday on that date.
Why did crude oil fell on Thursday?
Ans. Crude oil fell 1.45 percent to Rs 8,065.00 per barrel. The specific reason was not independently confirmed.
What levels matter for crude oil tomorrow?
Ans. Support sits near 8,038.00 and 7,985.00. Resistance sits near 8,184.00 and 8,226.00.
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.
