Trade smaller-sized contracts to manage crude oil price exposure with greater precision. At 1/10 the size of benchmark WTI Crude Oil contracts, Micro WTI Crude Oil futures and options offer the same robust trading transparency and price discovery with smaller margin requirements.

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Key benefits and features

Precisely scale oil exposure

Use Micro WTI Crude Oil futures and options to fine-tune your crude oil market exposure up or down in 100-barrel increments.

Manage positions with more versatility

Exchange positions between the liquid larger WTI contract and E-mini WTI contracts as market conditions change or high-demand season nears.

Greater access to the oil market

A smaller contract size means smaller margin requirements, giving traders of all sizes easier access to the potential of the oil market nearly 24 hours a day.

Explore this product in depth

Micro WTI Crude Oil Futures
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Micro WTI Crude Oil futures MCL WMIA MWCL MCL MCLE MCL

A product for every trader

Find products to fit your unique trading ambitions and skill level with futures and options on futures available in multiple contract sizes, myriad option expirations, and across all major asset classes.


Take self-guided courses on Micro Crude Oil products

If you're new to futures and options, the courses below can help you quickly understand the crude oil market and start trading.

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