
Crude Oil Price Prediction for Tomorrow, 14 October 2026
Crude Oil traded at Rs 8,760.00 per barrel on MCX, down 2.45%, on the 19 October 2026 futures. Nifty 50 rose 1.60%. India VIX fell 7.41% to 14.12. Next session is tomorrow, Wednesday 14 October.
Updated: 13 Oct 2026 • 4:05 pm
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Quick Answer
The crude oil price prediction for tomorrow leans soft for Wednesday, 14 October 2026. Crude oil traded at Rs 8,760.00 per barrel on the 19 October futures, down 2.45 percent, the biggest fall in our commodity set. The price closed near the day's low of 8,745.
This crude oil price prediction for tomorrow follows a Tuesday, 13 October 2026 session in which crude oil futures on MCX fell 2.45 percent, the sharpest decline among the six MCX contracts we track.
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 Wednesday, 14 October 2026.
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What Tuesday Told Us
- Crude Oil traded at Rs 8,760.00 per barrel, down 2.45 percent on the 19 October 2026 futures, with a high of 8,862.00 and a low of 8,745.00.
- Nifty 50 rose 1.60 percent.
- India VIX fell 7.41 percent to 14.12.
Crude Oil Price Prediction for Tomorrow: Key Levels
Crude Oil (19 October 2026 futures) traded between 8,745.00 and 8,862.00 on Tuesday, against a previous close of 8,980.00, and settled at 8,760.00. On the downside, 8,745.00 is the first reference level to watch if the day's move is tested. On the upside, 8,862.00 and 8,980.00 mark the nearest resistance. Univest's analysts treat these as reference points drawn from Tuesday's trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Negative | 8,745.00 | 8,862.00, 8,980.00 |
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 fell 2.45 percent on the MCX 19 October contract, with a high of 8,862.00 and a low of 8,745.00.
- The price sits near the day's low, so sellers held control into the close.
- India imports most of its crude, so lower oil prices usually ease pressure on 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. Both rose on Tuesday, Reliance by 0.67 percent and ONGC by 1.20 percent, even as crude fell.
How Tuesday's Broader Session Unfolded
The Nifty 50 closed at 22,721.95, up 1.60 percent, with a high of 22,721.95 and a low of 22,288.45. The Sensex closed at 73,033.78, up 1.54 percent, and the Bank Nifty closed at 55,481.05, up 1.03 percent. India VIX, the market's fear gauge, fell 7.41 percent to 14.12, which usually points to calmer expected swings in the near term. The Tuesday rise followed a fall on Monday, so part of the move may be a rebound rather than a fresh uptrend. The trigger for the broad gain was not independently confirmed.
Univest's analysts suggest treating this crude oil price prediction for tomorrow as a preparation note for Wednesday, 14 October 2026, rather than a signal that changes overnight.
Analyst View for Tomorrow
Kunal Singla suggests that a hold below the previous close of 8,980 keeps the tone soft, with 8,745 the support to watch.
Ankit Jaiswal flags that a 2.45 percent fall can invite a bounce, so a recovery above 8,862 would be the first sign that selling is easing.
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 Tuesday, 13 October 2026, using Tuesday's closing data, for the next trading session on Wednesday, 14 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 Tuesday night, so global moves late on Tuesday can shift Wednesday's opening price.
A fair reading of this crude oil price prediction for tomorrow is that Tuesday's data sets the context, while Wednesday's first hour decides how much of it carries forward.
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Risks to This Prediction
- A sharp rebound in global crude overnight could reverse Tuesday's decline.
- Supply headlines from major producers can move crude sharply without warning.
- Thin volumes early Wednesday can exaggerate short-term moves.
Readers comparing views should note that this crude oil price prediction for tomorrow draws only on Tuesday's closing numbers and the factors listed here.
As with any crude oil price prediction for tomorrow, the opening minutes of Wednesday'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 soft into 14 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 Wednesday'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 soft for 14 October 2026, after Crude Oil traded at Rs 8,760.00 per barrel on Tuesday, down 2.45 percent.
Why is this a prediction for tomorrow, 14 October 2026?
Ans. Because it is written after the close on Tuesday, 13 October 2026, for the next regular trading session on Wednesday, 14 October 2026.
Why did crude oil fall on Tuesday?
Ans. Crude oil fell 2.45 percent on the MCX 19 October contract. 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.
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