Crude Oil Price Prediction for Monday, 15 June 2026: MCX at Rs 8,030, Down 3.76% with Key Levels

The crude oil price prediction for monday, 15 June 2026, is bearish, with MCX crude oil June futures trading at Rs 8,030 per barrel in Friday trade, down 3.76 percent from the previous close of Rs 8,344. Crude crashed nearly 4 percent as the US cancelled planned military strikes on Iran, unwinding the geopolitical risk premium with Brent falling toward 89 dollars.

Ankit Jaiswal, Senior Research Analyst at Univest, breaks down the crude oil price prediction for monday with Friday closing data, key levels and the triggers that matter for the next session.

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MCX Crude Oil Friday Recap Behind the Crude Oil Price Prediction for Monday

MCX crude oil June futures traded at Rs 8,030 per barrel on Friday 12 June 2026, down 3.76 percent. The contract opened at Rs 8,011, touched a high of Rs 8,302 and a low of Rs 7,910, with open interest rising at 12,063 lots. Price falling with open interest rising from 11,284 to 12,063 lots is a short buildup, the most bearish derivatives signature. This closing picture is the base of the crude oil price prediction for monday.

MCX Crude Oil Futures Data for the Crude Oil Price Prediction for Monday

Futures Metric	Reading (12 June 2026)
MCX Crude Oil June Futures	Rs 8,030 per barrel
Change	down 3.76% vs Rs 8,344
Day Range	Rs 7,910 to Rs 8,302
Open Interest	12,063 lots, rising through the session
Signal	Price falling with open interest rising from 11,284 to 12,063 lots is a short buildup, the most bearish derivatives signature

Price moving down 3.76 percent with open interest rising is the derivatives signature behind Friday’s move. Crude crashed nearly 4 percent as the US cancelled planned military strikes on Iran, unwinding the geopolitical risk premium with Brent falling toward 89 dollars. These readings anchor Monday’s view going into the new week.

Support and Resistance in the Crude Oil Price Prediction for Monday

• Trend: Bearish, with Rs 7,859.33 as the bull-bear line
• Support levels: Rs 7,859.33, then Rs 7,688.67 and the Friday low of Rs 7,910
• Resistance levels: Rs 8,251.33, then Rs 8,472.67 and beyond the Friday high of Rs 8,302
• Monday range: Rs 7,859.33 to Rs 8,251.33 under normal news flow

The pivot framework built on Friday’s high of Rs 8,302, low of Rs 7,910 and last traded price of Rs 8,030 places first support at Rs 7,859.33 and first resistance at Rs 8,251.33. Ankit Jaiswal notes that the MCX evening session and Sunday’s international cues will refine these levels before Monday’s open. That is the structure of the crude oil price prediction for monday on the charts.

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Key Triggers for Monday 15 June 2026

Four triggers will test the crude oil price prediction for monday at the open.

• Commodity trigger: Weekend US-Iran headlines are everything for crude, a signed de-escalation deal extends the slide while any breakdown spikes prices instantly
• US Fed and the dollar: The US Fed meets on 16-17 June, the first meeting under new Chair Kevin Warsh, with a rate hold widely expected, and the dollar’s reaction drives all MCX contracts priced off international benchmarks
• Weekend geopolitics: US-Iran headlines over the weekend can swing energy and safe-haven demand sharply before Monday’s open
• Rupee movement: Any move in USD-INR directly shifts MCX prices even when international prices stay flat

Trading Strategy for Monday

A defined plan converts the crude oil price prediction for monday into managed-risk trades.

• Trade the levels: Use Rs 7,859.33 as the bull-bear line, with stops beyond Rs 7,688.67 for longs or Rs 8,251.33 for shorts
• Watch the evening session: MCX trades into late evening tracking international markets, so Friday night’s close sets Monday’s true reference
• Respect event risk: Size positions smaller ahead of the 16-17 June Fed meeting and weekend geopolitical headlines

Risks to the Crude Oil Price Prediction for Monday

• Commodity risk: A complete reversal in de-escalation talks would gap crude sharply higher and trap fresh shorts
• Dollar strength: A hawkish surprise from the Fed would lift the dollar and pressure the entire metals and energy complex
• Gap risk: International prices move through the weekend while MCX is shut, so Monday can open with a sharp gap in either direction

Crude Oil Price Prediction for Monday: Quick Answers to What Traders Search

Monday crude oil price outlook: Bearish after a 3.76 percent fall on Friday. Expected range Rs 7,859.33 to Rs 8,251.33 for the next session.

Crude Oil Price Prediction for Monday with levels: Support Rs 7,859.33 and Rs 7,688.67, resistance Rs 8,251.33 and Rs 8,472.67, the backbone of the crude oil price prediction for monday.

Key driver for Monday: The reaction to weekend US-Iran headlines and the India CPI print will set the opening tone for the crude oil price prediction for monday.

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Conclusion

The crude oil price prediction for monday, 15 June 2026, is bearish. MCX crude oil June futures traded at Rs 8,030 per barrel with the pivot map placing the battleground between Rs 7,859.33 support and Rs 8,251.33 resistance. The India CPI reaction, the advance tax deadline and the 16-17 June US Fed meeting are the shared events that will test the crude oil price prediction for monday through Monday’s session, and weekend headlines on the US-Iran front remain the biggest swing factor. Check back after Monday’s close for the next crude oil price prediction for monday update from Univest analysts.

FAQs on the Crude Oil Price Prediction for Monday

What is the crude oil price prediction for Monday, 15 June 2026?

Ans. The crude oil price prediction for monday, 15 June 2026, is bearish. MCX crude oil June futures traded at Rs 8,030 per barrel on Friday, down 3.76 percent, with an expected range of Rs 7,859.33 to Rs 8,251.33 and support at Rs 7,859.33.

What are the key MCX crude oil levels for Monday?

Ans. Support sits at Rs 7,859.33, then Rs 7,688.67 and the Friday low of Rs 7,910, while resistance is placed at Rs 8,251.33, then Rs 8,472.67. These pivot-based levels frame the crude oil price prediction for monday.

Why did crude oil prices move on Friday 12 June 2026?

Ans. Crude crashed nearly 4 percent as the US cancelled planned military strikes on Iran, unwinding the geopolitical risk premium with Brent falling toward 89 dollars. Open interest was rising at 12,063 lots. Price falling with open interest rising from 11,284 to 12,063 lots is a short buildup, the most bearish derivatives signature.

How does the US Fed meeting affect the crude oil price prediction for Monday?

Ans. The Fed meets on 16-17 June 2026 under new Chair Kevin Warsh, and the dollar’s reaction to the policy tone moves all commodities. A dovish hold supports the crude oil price prediction for monday, while hawkish guidance would pressure prices through a stronger dollar.

Who provides the Univest analyst view on the crude oil prediction for Monday?

Ans. Ankit Jaiswal, Senior Research Analyst at Univest provides the view, with Univest analysts tracking MCX levels, international benchmarks, the dollar index and the rupee every trading day.