{"id":103268,"date":"2026-06-01T16:32:27","date_gmt":"2026-06-01T11:02:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=103268"},"modified":"2026-06-01T16:32:30","modified_gmt":"2026-06-01T11:02:30","slug":"mcx-crude-oil-price-prediction-2-june-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/","title":{"rendered":"MCX Crude Oil Price Prediction for Tomorrow 2 June 2026: Key Levels and Analyst Outlook"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p>The MCX <strong>crude oil prediction for tomorrow<\/strong> 2 June 2026 is bearish, based on MCX Crude Oil (June 2026) closing at Rs 8,680 per barrel on 1 June 2026 (-1.92%). GIFT Nifty at 23,490.0 (+107.40 pts, +0.46%) signals positive Indian equity markets on 2 June 2026. The 52-week range for MCX Crude Oil is Rs 5,642 to Rs 11,284 per barrel. The crude oil prediction for tomorrow is shaped by global commodity catalysts, US-Iran deal progress, and the direction of the US Dollar Index.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#MCX_Crude_Oil_Price_on_1_June_2026\" title=\"MCX Crude Oil Price on 1 June 2026\">MCX Crude Oil Price on 1 June 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#MCX_Crude_Oil_Price_Prediction_for_Tomorrow_2_June_2026\" title=\"MCX Crude Oil Price Prediction for Tomorrow 2 June 2026\">MCX Crude Oil Price Prediction for Tomorrow 2 June 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#Global_Factors_for_MCX_Crude_Oil_Prediction_for_Tomorrow_2_June_2026\" title=\"Global Factors for MCX Crude Oil Prediction for Tomorrow 2 June 2026\">Global Factors for MCX Crude Oil Prediction for Tomorrow 2 June 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#MCX_Crude_Oil_Trading_Strategy_for_2_June_2026\" title=\"MCX Crude Oil Trading Strategy for 2 June 2026\">MCX Crude Oil Trading Strategy for 2 June 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#Conclusion_MCX_Crude_Oil_Prediction_for_Tomorrow_2_June_2026\" title=\"Conclusion: MCX Crude Oil Prediction for Tomorrow 2 June 2026\">Conclusion: MCX Crude Oil Prediction for Tomorrow 2 June 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#What_is_the_MCX_Crude_Oil_prediction_for_tomorrow_2_June_2026\" title=\"What is the MCX Crude Oil prediction for tomorrow 2 June 2026?\">What is the MCX Crude Oil prediction for tomorrow 2 June 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#What_is_the_support_for_MCX_Crude_Oil_on_2_June_2026\" title=\"What is the support for MCX Crude Oil on 2 June 2026?\">What is the support for MCX Crude Oil on 2 June 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#What_is_the_resistance_for_MCX_Crude_Oil_on_2_June_2026\" title=\"What is the resistance for MCX Crude Oil on 2 June 2026?\">What is the resistance for MCX Crude Oil on 2 June 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#What_are_the_global_factors_for_this_outlook\" title=\"What are the global factors for this outlook?\">What are the global factors for this outlook?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/mcx-crude-oil-price-prediction-2-june-2026\/#What_is_the_52-week_range_for_MCX_Crude_Oil\" title=\"What is the 52-week range for MCX Crude Oil?\">What is the 52-week range for MCX Crude Oil?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"MCX_Crude_Oil_Price_on_1_June_2026\"><\/span><strong>MCX Crude Oil Price on 1 June 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Close (June 2026):<\/strong> Rs 8,680 per barrel (-1.92%)<\/p>\n<p><strong>Session:<\/strong> Open Rs 8,740 | High Rs 8,760 | Low Rs 8,620<\/p>\n<p><strong>Previous Session Close:<\/strong> Rs 8,850 per barrel<\/p>\n<p>MCX Crude Oil declined further to Rs 8,680 per barrel on 1 June 2026 as US-Iran deal progress raised supply expectations. The contract is now 17 per cent below the May high of Rs 10,400 as geopolitical risk premium exits the market.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MCX_Crude_Oil_Price_Prediction_for_Tomorrow_2_June_2026\"><\/span><strong>MCX Crude Oil Price Prediction for Tomorrow 2 June 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Trend:<\/strong> Bearish | <strong>Support 1:<\/strong> Rs 8,580 | <strong>Support 2:<\/strong> Rs 8,450<\/p>\n<p><strong>Resistance 1:<\/strong> Rs 8,760 | <strong>Resistance 2:<\/strong> Rs 8,900<\/p>\n<p>Ankit Jaiswal, Senior Research Analyst at Univest, notes that the crude oil prediction for tomorrow places Rs 8,580 per barrel as the critical support for 2 June 2026. The GIFT Nifty positive signal of +107 points reduces equity risk-off pressure, creating a modestly supportive backdrop for crude oil on 2 June 2026. Dow Jones at 51,032.46 (+0.72%) and Nasdaq at 26,972.62 (+0.21%) on 1 June 2026 provide additional macro support. A hold above Rs 8,580 in the crude oil prediction for tomorrow targets Rs 8,760 as the first intraday resistance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Factors_for_MCX_Crude_Oil_Prediction_for_Tomorrow_2_June_2026\"><\/span><strong>Global Factors for MCX Crude Oil Prediction for Tomorrow 2 June 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>US-Iran nuclear deal framework progress:<\/strong> Primary global catalyst determining MCX Crude Oil direction on 2 June 2026.<\/li>\n<li><strong>OPEC plus production compliance:<\/strong> Secondary driver in the crude oil prediction for tomorrow.<\/li>\n<li><strong>US weekly crude inventory data:<\/strong> Structural factor supporting the medium-term crude oil prediction for tomorrow outlook.<\/li>\n<li><strong>GIFT Nifty +107 pts:<\/strong> Positive equity sentiment reduces risk-off pressure on the crude oil prediction for tomorrow.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"MCX_Crude_Oil_Trading_Strategy_for_2_June_2026\"><\/span><strong>MCX Crude Oil Trading Strategy for 2 June 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>1. Open Confirmation:<\/strong> Wait for MCX Crude Oil direction confirmation after Indian market open before entering futures positions in the crude oil prediction for tomorrow session.<\/p>\n<p><strong>2. Bull Setup:<\/strong> Hold above Rs 8,580 targets Rs 8,760 in the crude oil prediction for tomorrow.<\/p>\n<p><strong>3. Bear Setup:<\/strong> Break below Rs 8,450 accelerates selling. Use strict stop-losses in short crude oil trades.<\/p>\n<p><strong>4. Event Watch:<\/strong> US-Iran nuclear deal framework progress is the primary catalyst in the crude oil prediction for tomorrow. Monitor for updates that could materially move MCX Crude Oil.<\/p>\n<p><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for live data and daily expert predictions.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_MCX_Crude_Oil_Prediction_for_Tomorrow_2_June_2026\"><\/span><strong>Conclusion: MCX Crude Oil Prediction for Tomorrow 2 June 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The MCX Crude Oil price prediction for tomorrow 2 June 2026 is bearish. MCX Crude Oil closed at Rs 8,680 per barrel (-1.92%) on 1 June 2026. Support: Rs 8,580. Resistance: Rs 8,760. GIFT Nifty +107 points and Dow Jones +0.72% provide a constructive backdrop. Ankit Jaiswal of Univest flags Rs 8,580 as the key support in the crude oil prediction for tomorrow. Consult a SEBI-registered advisor before placing commodity trades.<\/p>\n<p><em>Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_MCX_Crude_Oil_prediction_for_tomorrow_2_June_2026\"><\/span><strong>What is the MCX Crude Oil prediction for tomorrow 2 June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MCX Crude Oil prediction for tomorrow is bearish. Closed Rs 8,680 per barrel (-1.92%) on 1 June 2026. Support Rs 8,580, resistance Rs 8,760. GIFT Nifty +107 pts. US-Iran nuclear deal framework progress is the primary catalyst.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_support_for_MCX_Crude_Oil_on_2_June_2026\"><\/span><strong>What is the support for MCX Crude Oil on 2 June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MCX Crude Oil support for 2 June 2026 is Rs 8,580 per barrel (immediate) and Rs 8,450 (secondary). Ankit Jaiswal of Univest identifies Rs 8,580 as the make-or-break level in the crude oil prediction for tomorrow.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_resistance_for_MCX_Crude_Oil_on_2_June_2026\"><\/span><strong>What is the resistance for MCX Crude Oil on 2 June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MCX Crude Oil resistance for 2 June 2026 is Rs 8,760 per barrel (immediate) and Rs 8,900 (next). A hold above Rs 8,760 would confirm bullish momentum in the this outlook.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_global_factors_for_this_outlook\"><\/span><strong>What are the global factors for this outlook?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key global factors: us-iran nuclear deal framework progress, opec plus production compliance, us weekly crude inventory data. GIFT Nifty +107 pts and Dow Jones +0.72% provide the macro backdrop for the this outlook 2 June 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_52-week_range_for_MCX_Crude_Oil\"><\/span><strong>What is the 52-week range for MCX Crude Oil?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MCX Crude Oil 52-week range: Rs 5,642 to Rs 11,284 per barrel. Current Rs 8,680 is the context for the this outlook 2 June 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MCX Crude Oil prediction for 2 June 2026: Rs 8,680 per barrel (-1.92%). Support Rs 8,580, resistance Rs 8,760. Bearish bias. GIFT Nifty +107 pts.<\/p>\n","protected":false},"author":34,"featured_media":103325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-103268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1780311752:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["74"],"rank_math_title":["MCX Crude Oil Price Prediction Tomorrow 2 June 2026 Key Levels and Outlook"],"rank_math_description":["MCX Crude Oil price prediction for 2 June 2026: Rs 8,680 per barrel, support Rs 8,580, resistance Rs 8,760. GIFT Nifty +107 pts. 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