Crude Oil Mini Futures

Crude Oil Mini futures is an MCX contract to buy or sell Crude Oil Mini at a pre-agreed price on a future date. It lets you take leveraged exposure to Crude Oil Mini price movements without owning the physical commodity.

One lot of Crude Oil Mini futures on MCX is 10 BBL. Contract value = lot size x price; you pay only a margin (a fraction of contract value) to take a position.

The Crude Oil Mini futures price tracks the global/spot price of Crude Oil Mini, adjusted for the USD-INR rate, cost of carry and domestic demand-supply. It updates live during MCX trading hours.

You need SPAN + exposure margin set by MCX and your broker (typically a small percentage of contract value). The live margin is shown on the Crude Oil Mini futures page before you place an order.

MCX Crude Oil Mini futures trade Monday to Friday, 9:00 AM to about 11:30 PM IST (the evening close shifts with US daylight saving). They are closed on MCX holidays.

Crude Oil Mini futures have monthly expiries. The near-month contract is the most liquid; the next few expiries are also listed. Positions can be squared off any time before expiry.

Depending on the contract, Crude Oil Mini settles by compulsory delivery or in cash at expiry per MCX rules. Most traders exit before expiry to avoid delivery obligations.

Open interest is the total number of outstanding Crude Oil Mini futures contracts. Rising OI with rising price signals fresh long build-up; falling OI signals unwinding - use it to gauge trend strength.

Yes. Roll over by closing the near-month Crude Oil Mini contract and opening the same position in the next expiry, usually around expiry day, to keep your exposure.

Log in to INDmoney, activate MCX commodities, add margin, search Crude Oil Mini futures, pick the expiry and place a buy or sell order.