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Oil - US Crude

CRU
  • Costs and details
  • Related markets

Minimum size 0.05

Contract size USD 10

One Pip means 1 cent per barrel

Value of one Pip USD 10 (SGD 13.18)

Margin 20%

Minimum stop distance 6

Minimum guaranteed stop distance 10

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 44 Contracts - USD 20%
2 44 - 264 Contracts - USD 20%
3 264 - 440 Contracts - USD 20%
4 440 + Contracts - USD 20%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Expiry date 21/04/25

Last dealing date and time 22/04/25 02:30


Settlement


Settles based on the official closing price of the NYMEX Crude Oil future on the last dealing day +/- IG dealing spread.

Last rollover time 22/04/25 02:15


Rollover info


Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.

Why IG?

  • Gold spreads from just 0.3 points

  • Continuous, backdated commodity charting

  • Wide range of energies, metals and softs

Other positions taken by clients trading this market

Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.

This is calculated to the nearest 1%.

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1 Based on revenue (excluding FX), published financial statements, February 2024.