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Crude Oil Price Prediction for Tomorrow, Monday 13 July 2026: MCX Crude Oil 20 July futures at Rs 6,875 With Momentum Intact

Crude Oil Price prediction for tomorrow, Monday 13 July 2026: MCX Crude Oil 20 July futures Rs 6,875 per barrel, +0.31%. Day range Rs 6,805 to Rs 6,933. Support Rs 6,805. Resistance Rs 6,935.


10 Jul 20264:51 pm

Crude Oil Price Prediction for Tomorrow, Monday 13 July 2026: MCX Crude Oil 20 July futures at Rs 6,875 With Momentum Intact

The crude oil price prediction for tomorrow, Monday 13 July 2026, is anchored by today’s MCX session, where the MCX Crude Oil 20 July futures contract edged higher modestly, holding well below Wednesday’s sharp spike as markets assess a stable, if still tense, Strait of Hormuz situation. The contract traded at Rs 6,875 per barrel, up 0.31 percent, within a day range of Rs 6,805 to Rs 6,933, and these boundaries frame the crude oil price prediction for tomorrow.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have shared their crude oil price prediction for tomorrow for Monday 13 July 2026 using today’s closing data and global cues.

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Today’s Session Recap Behind the Crude Oil Price Prediction for Tomorrow

  • MCX session: MCX Crude Oil 20 July futures at Rs 6,875 (+0.31 percent), open Rs 6,895, high Rs 6,933, low Rs 6,805 against a previous close of Rs 6,854. Steadier crude oil is a relief for Indian macro, and the Nifty Commodities index on the NSE closed higher alongside the broader market rally today.
  • In the broader market, the Nifty 50 closed at 24,206.90, up 1.02 percent, the Sensex rose 1.08 percent to 77,569.39, and the Bank Nifty gained 1.39 percent to 58,045.90, extending Thursday’s relief rally into a second strong session. ICICI Bank rose 1.48 percent and Reliance Industries added 2.19 percent, while HDFC Bank gained 0.91 percent. India VIX eased 8.30 percent to 12.25, nearly back to pre selloff levels. Markets are closed Saturday and Sunday, so Monday 13 July is the next trading session.

Key Levels in the Crude Oil Price Prediction for Tomorrow

Trend: Bullish bias above support. Support levels: Rs 6,805 and Rs 6,720. Resistance levels: Rs 6,935 and Rs 7,050.

For the crude oil price prediction for tomorrow, today’s low of Rs 6,805 makes Rs 6,805 the first support, with Rs 6,720 below it. On the upside, Rs 6,935 near today’s high is the immediate barrier; a sustained move past it opens Rs 7,050. MCX contracts trade into the late evening, so international cues over the weekend can reset these levels before Monday’s day session, since markets are closed Saturday and Sunday.

Key Drivers Shaping the Crude Oil Price Prediction for Tomorrow

  • Stabilising after the spike: Crude oil has held a narrower range over the past two sessions, with no fresh escalation reported since Wednesday’s initial surge.
  • Still elevated versus pre crisis levels: Despite easing from Wednesday’s peak, prices remain above levels seen before the Strait of Hormuz tensions began.
  • Weekend risk: With no trading Saturday and Sunday, any developments over the weekend in the Middle East will only be reflected when MCX reopens for Monday’s session, a genuine gap risk to monitor.

MCX Data Snapshot

The table below summarises the MCX data behind the crude oil price prediction for tomorrow:

Contract Level Change Day Range
MCX Crude Oil 20 July futures Rs 6,875 per barrel +0.31% Rs 6,805 – 6,933
MCX Crude Oil 19 August futures Rs 6,889 per barrel Next month carry Term structure reference

The premium or discount between the July and next month contracts reflects carry costs and demand expectations, and is worth tracking alongside the spot trend.

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Trading Strategy for Tuesday

  • Trade the range edges: Entries near Rs 6,805 support or on a confirmed break of Rs 6,935 offer defined risk setups.
  • Keep stops beyond the day range: Today’s Rs 6,805 to Rs 6,933 band is the reference; positions against a break of it should be exited quickly.
  • Mind the weekend gap: With no trading Saturday and Sunday, international cues over the weekend can gap prices when MCX reopens; avoid oversized positions into the close today.
  • Size for volatility: Commodity futures are margin traded; smaller positions with strict stop losses handle event driven swings better.

What Does Sentiment Indicate for the Crude Oil Price Prediction for Tomorrow?

Sentiment in the crude oil price prediction for tomorrow follows the price structure. Ankit Jaiswal notes that today’s session respected clear boundaries, and holding Rs 6,805 keeps the near term structure intact for tomorrow.

Kunal Singla observes that with Wall Street’s next session still ahead, the dollar index and global benchmark moves overnight are the deciding external inputs, and traders should let the first hour of Tuesday’s session confirm direction before committing.

Risks to the Crude Oil Price Prediction for Tomorrow

  • Weekend gap risk: With no trading Saturday and Sunday, dollar and yield moves over the weekend can gap MCX prices beyond stated levels when trading resumes Monday.
  • Global headline risk: Supply side or geopolitical headlines can override technical levels without warning.
  • Evening session moves: Late session international volatility may reset Tuesday’s opening context.
  • Margin risk: Futures losses can exceed initial margins if stops are not maintained.

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Conclusion: Crude Oil Price Prediction for Tomorrow

The crude oil price prediction for tomorrow, Monday 13 July 2026, from Univest analysts Ankit Jaiswal and Kunal Singla is defined by the Rs 6,805 to Rs 6,935 band. MCX Crude Oil 20 July futures at Rs 6,875 per barrel holds a positive bias while above support, with Rs 6,720 and Rs 7,050 as the outer markers. Global cues over the weekend are the key external trigger. Check back after Tuesday’s session for the next crude oil price prediction update from Univest analysts.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on the Crude Oil Price Prediction for Tomorrow

What is the crude oil price prediction for tomorrow, Monday 13 July 2026?

Ans. The crude oil price prediction for tomorrow, Monday 13 July 2026, is range bound with a positive bias. MCX Crude Oil 20 July futures closed at Rs 6,875 per barrel today, up 0.31 percent, with support at Rs 6,805 and Rs 6,720 and resistance at Rs 6,935 and Rs 7,050.

What are the key MCX levels in the crude oil price prediction for tomorrow?

Ans. For the crude oil price prediction for tomorrow, immediate support is at Rs 6,805, near today’s low of Rs 6,805, followed by Rs 6,720. Resistance sits at Rs 6,935, near today’s high of Rs 6,933, and then Rs 7,050.

What drove today’s move in crude oil prices?

Ans. The MCX Crude Oil 20 July futures contract edged higher modestly, holding well below Wednesday’s sharp spike as markets assess a stable, if still tense, Strait of Hormuz situation, ending at Rs 6,875 per barrel, a change of +0.31 percent from the previous close of Rs 6,854.

How do global cues affect the crude oil price prediction for tomorrow?

Ans. With markets closed Saturday and Sunday, any dollar index, yield or global benchmark moves over the weekend will only be reflected when trading resumes Monday. These are primary external inputs for the crude oil price prediction for tomorrow and can gap MCX prices at Monday’s open.

Which contract months matter for the crude oil price prediction for tomorrow?

Ans. The active contract is the MCX Crude Oil 20 July futures at Rs 6,875, while the MCX Crude Oil 19 August futures at Rs 6,889 shows the carry structure. Traders roll positions to the next month as expiry approaches.

Is the crude oil price prediction for tomorrow investment advice?

Ans. No. The crude oil price prediction for tomorrow is educational content only. All levels are analyst observations, not recommendations. Univest is a SEBI registered research analyst (INH000013776) and readers should consult a SEBI registered advisor before trading commodities.

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