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Back to Futures
Micro WTI Crude Oil
EnergyMCLNYMEX (CME Group)

Micro WTI Crude Oil

Category

Energy

Exchange

NYMEX (CME Group)

Contract Size

100 barrels (1/10th of CL)

Symbol

MCL

About Micro WTI Crude Oil

Micro WTI Crude Oil (MCL) makes crude oil accessible at one-tenth the standard contract size. Ideal for retail traders who want crude oil exposure without the capital intensity of the full CL contract.

Micro WTI Crude Oil Price Chart

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Contract Specifications

Contract Size
100 barrels (1/10th of CL)
Tick Size / Value
$0.01 per barrel = $1.00 per tick
Exchange
NYMEX (CME Group)

Trading Hours

Same as CL: Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.

Margin Notes

Day trading margins as low as $250–$500. Exchange maintenance margin ~$600–$800.

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Crude Oil WTI

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WTI Crude Oil futures (CL) are the world's most actively traded energy contracts and a global benchmark for oil prices. Each tick ($0.01/barrel) is worth $10 on a 1,000-barrel contract. WTI is essential for energy traders, macro traders, and anyone trading inflation or geopolitical risk. Average daily volume exceeds 1 million contracts.

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