
Trade Energy Futures
Precision execution and flexible margins across the entire U.S. energy complex

Trade Energy Futures
Precision execution and flexible margins across the entire U.S. energy complex

Trade Energy Futures
Precision execution and flexible margins across the entire U.S. energy complex
What are Energy Futures contracts?
Energy futures are leveraged contracts on crude oil, natural gas and refined fuels, where prices move on OPEC+ supply decisions, inventory data and disruptions to global supply
Macro Volatility Exposure
Move beyond stock indexes with assets driven by global supply, physical demand, and geopolitical cycles rather than equity market sentiment
Exchange-Set Margin
Trade full-size crude oil and natural gas contracts with exchange-set margin requirements, or use Micro contracts for smaller positions
24/5 Global News Reaction
Trade OPEC+ events, EIA inventory releases, and global supply shocks as they break, day or night
What are Energy Futures contracts?
Energy futures are leveraged contracts on crude oil, natural gas and refined fuels, where prices move on OPEC+ supply decisions, inventory data and disruptions to global supply
Macro Volatility Exposure
Move beyond stock indexes with assets driven by global supply, physical demand, and geopolitical cycles rather than equity market sentiment
Exchange-Set Margin
Trade full-size crude oil and natural gas contracts with exchange-set margin requirements, or use Micro contracts for smaller positions
24/5 Global News Reaction
Trade OPEC+ events, EIA inventory releases, and global supply shocks as they break, day or night
What are Energy Futures contracts?
Energy futures are leveraged contracts on crude oil, natural gas and refined fuels, where prices move on OPEC+ supply decisions, inventory data and disruptions to global supply
Macro Volatility Exposure
Move beyond stock indexes with assets driven by global supply, physical demand, and geopolitical cycles rather than equity market sentiment
Exchange-Set Margin
Trade full-size crude oil and natural gas contracts with exchange-set margin requirements, or use Micro contracts for smaller positions
24/5 Global News Reaction
Trade OPEC+ events, EIA inventory releases, and global supply shocks as they break, day or night
Markets
Explore Energy Futures
Energy future contracts covering global crude oil, natural gas, gasoline and heating oil in standard and micro sizes
Markets
Explore Energy Futures
Energy future contracts covering global crude oil, natural gas, gasoline and heating oil in standard and micro sizes
Markets
Explore Energy Futures
Energy future contracts covering global crude oil, natural gas, gasoline and heating oil in standard and micro sizes
CRUDE OIL FUTURES (CL / MCL)
Trade WTI Crude, the world's most liquid energy benchmark. Driven by OPEC+ policy, geopolitical events and global economic output, Crude Oil offers high volume and deep order book depth for tactical trend and day-trading strategies
NATURAL GAS FUTURES (NG / QG)
Capitalize on price swings in Henry Hub Natural Gas. Highly sensitive to extreme weather patterns, LNG export trends and storage inventory reports, Natural Gas offers active traders dynamic exposure to sharp supply-demand shifts
RBOB GASOLINE FUTURES (RB)
Trade refined fuel dynamics driven by consumer transportation habits, refinery capacity utilization and seasonal driving patterns. RBOB Gasoline allows traders to execute refined product strategies or trade the crude-to-gasoline crack spread
HEATING OIL FUTURES (HO)
Gain exposure to the heating fuel markets influenced by winter heating demand, commercial trucking activity and global distillate inventories. Heating Oil offers distinct seasonal trends separate from raw crude oil price action
CRUDE OIL FUTURES (CL / MCL)
Trade WTI Crude, the world's most liquid energy benchmark. Driven by OPEC+ policy, geopolitical events and global economic output, Crude Oil offers high volume and deep order book depth for tactical trend and day-trading strategies
NATURAL GAS FUTURES (NG / QG)
Capitalize on price swings in Henry Hub Natural Gas. Highly sensitive to extreme weather patterns, LNG export trends and storage inventory reports, Natural Gas offers active traders dynamic exposure to sharp supply-demand shifts
RBOB GASOLINE FUTURES (RB)
Trade refined fuel dynamics driven by consumer transportation habits, refinery capacity utilization and seasonal driving patterns. RBOB Gasoline allows traders to execute refined product strategies or trade the crude-to-gasoline crack spread
HEATING OIL FUTURES (HO)
Gain exposure to the heating fuel markets influenced by winter heating demand, commercial trucking activity and global distillate inventories. Heating Oil offers distinct seasonal trends separate from raw crude oil price action
CRUDE OIL FUTURES (CL / MCL)
Trade WTI Crude, the world's most liquid energy benchmark. Driven by OPEC+ policy, geopolitical events and global economic output, Crude Oil offers high volume and deep order book depth for tactical trend and day-trading strategies
NATURAL GAS FUTURES (NG / QG)
Capitalize on price swings in Henry Hub Natural Gas. Highly sensitive to extreme weather patterns, LNG export trends and storage inventory reports, Natural Gas offers active traders dynamic exposure to sharp supply-demand shifts
RBOB GASOLINE FUTURES (RB)
Trade refined fuel dynamics driven by consumer transportation habits, refinery capacity utilization and seasonal driving patterns. RBOB Gasoline allows traders to execute refined product strategies or trade the crude-to-gasoline crack spread
HEATING OIL FUTURES (HO)
Gain exposure to the heating fuel markets influenced by winter heating demand, commercial trucking activity and global distillate inventories. Heating Oil offers distinct seasonal trends separate from raw crude oil price action
Contract Specifications
Energy Futures Contracts & Margins
Essential contract specifications, tick sizes and margins across fast-moving energy futures markets
Contract Specifications
Energy Futures Contracts & Margins
Essential contract specifications, tick sizes and margins across fast-moving energy futures markets
Contract Specifications
Energy Futures Contracts & Margins
Essential contract specifications, tick sizes and margins across fast-moving energy futures markets
Swipe to see more โ
Code
Contract
Contract Size
Tick Size
Intraday Margin
Initial Margin (USD)
MNG
Micro Henry Hub Natural Gas Futures
1,000 MMBtu
0.001
$165.58
$331.16
MCL
Micro Crude Oil Futures
100 barrels
0.01
$459.39
$918.77
NG
Henry Hub Natural Gas Futures
10,000 MMBtu
0.001
$1,644.80
$3,289.59
QM
E-mini Crude Oil Futures
500 barrels
0.025
$2,296.90
$4,593.80
CL
Crude Oil Futures
1,000 barrels
0.01
$4,582.80
$9,165.60
RB
RBOB Gasoline Futures
42,000 gallons
0.0001
$5,058.20
$10,116.40
BZ
Brent Crude Oil Last Day Financial Futures
1,000 barrels
0.01
$5,096.24
$10,192.47
HO
Heating Oil Futures
42,000 gallons
0.0001
$7,074.20
$14,148.39
Micro Energy Futures
Maximum Capital Efficiency, Fractional Exposure
Micro futures are a fraction of the size of standard futures contracts
Micro Energy Futures
Maximum Capital Efficiency, Fractional Exposure
Micro futures are a fraction of the size of standard futures contracts
Micro Energy Futures
Maximum Capital Efficiency, Fractional Exposure
Micro futures are a fraction of the size of standard futures contracts
1/10th Contract size
Micro WTI (MCL) covers 100 barrels of oil while Micro Natural Gas (MNG) covers a fraction of standard fuel volumes, giving you precise, manageable contract sizes compared to standard institutional lots
Precise Risk Control
Scale in and out of volatile energy positions smoothly. Micro contracts let you set tighter stop-losses and adjust portfolio risk dollar-for-dollar without over-leveraging
Precision Inventory & OPEC Event Sizing
Scale into positions right before weekly EIA inventory releases or OPEC headlines, managing event-driven energy spikes with smaller dollar-per-tick exposure
Live Strategy Validation
Validate trading models under real market conditions. Micro contracts let you test strategies live and experience actual fill dynamics with minimal capital at risk
1/10th Contract size
Micro WTI (MCL) covers 100 barrels of oil while Micro Natural Gas (MNG) covers a fraction of standard fuel volumes, giving you precise, manageable contract sizes compared to standard institutional lots
Precise Risk Control
Scale in and out of volatile energy positions smoothly. Micro contracts let you set tighter stop-losses and adjust portfolio risk dollar-for-dollar without over-leveraging
Precision Inventory & OPEC Event Sizing
Scale into positions right before weekly EIA inventory releases or OPEC headlines, managing event-driven energy spikes with smaller dollar-per-tick exposure
Live Strategy Validation
Validate trading models under real market conditions. Micro contracts let you test strategies live and experience actual fill dynamics with minimal capital at risk
1/10th Contract size
Micro WTI (MCL) covers 100 barrels of oil while Micro Natural Gas (MNG) covers a fraction of standard fuel volumes, giving you precise, manageable contract sizes compared to standard institutional lots
Precise Risk Control
Scale in and out of volatile energy positions smoothly. Micro contracts let you set tighter stop-losses and adjust portfolio risk dollar-for-dollar without over-leveraging
Precision Inventory & OPEC Event Sizing
Scale into positions right before weekly EIA inventory releases or OPEC headlines, managing event-driven energy spikes with smaller dollar-per-tick exposure
Live Strategy Validation
Validate trading models under real market conditions. Micro contracts let you test strategies live and experience actual fill dynamics with minimal capital at risk
Before You Trade
Energy Futures FAQs
Before You Trade
Energy Futures FAQs
Before You Trade
Energy Futures FAQs
1. What are Energy Futures?
Energy futures are exchange-listed contracts to trade the future price of commodities such as crude oil, natural gas and refined products. KGI Crusoe offers energy futures across crude oil, heating oil, natural gas and gasoline, traded on NYMEX, part of CME Group. Contract size, tick value and expiry are set by the exchange and published in the contract specifications
2. What's the difference between CL, QM and MCL Crude Oil Futures?
CL, QM and MCL all track the same WTI crude oil price but at different contract sizes. CL is the standard contract at 1,000 barrels. QM, the E-mini, is half that size at 500 barrels. MCL, the Micro, is one-tenth the size of CL at 100 barrels. All 3 settle against the same underlying price
3. What moves Energy Futures prices?
Crude oil and refined product futures respond to OPEC+ supply decisions, weekly US inventory data from the EIA, and geopolitical events affecting major producing regions. Natural gas futures are more sensitive to weather forecasts, since heating and cooling demand drive short-term consumption. Seasonal demand patterns affect gasoline and heating oil differently through the year
4. What are the margin requirements to trade Energy Futures?
Margin on energy futures is set by the exchange and varies by contract, moving with volatility, particularly around inventory reports and supply disruptions. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading Energy Futures?
Energy futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. Prices can move sharply around inventory data and supply announcements. Physically deliverable contracts carry delivery obligations if held into the delivery period, so most traders close or roll positions before then
1. What are Energy Futures?
Energy futures are exchange-listed contracts to trade the future price of commodities such as crude oil, natural gas and refined products. KGI Crusoe offers energy futures across crude oil, heating oil, natural gas and gasoline, traded on NYMEX, part of CME Group. Contract size, tick value and expiry are set by the exchange and published in the contract specifications
2. What's the difference between CL, QM and MCL Crude Oil Futures?
CL, QM and MCL all track the same WTI crude oil price but at different contract sizes. CL is the standard contract at 1,000 barrels. QM, the E-mini, is half that size at 500 barrels. MCL, the Micro, is one-tenth the size of CL at 100 barrels. All 3 settle against the same underlying price
3. What moves Energy Futures prices?
Crude oil and refined product futures respond to OPEC+ supply decisions, weekly US inventory data from the EIA, and geopolitical events affecting major producing regions. Natural gas futures are more sensitive to weather forecasts, since heating and cooling demand drive short-term consumption. Seasonal demand patterns affect gasoline and heating oil differently through the year
4. What are the margin requirements to trade Energy Futures?
Margin on energy futures is set by the exchange and varies by contract, moving with volatility, particularly around inventory reports and supply disruptions. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading Energy Futures?
Energy futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. Prices can move sharply around inventory data and supply announcements. Physically deliverable contracts carry delivery obligations if held into the delivery period, so most traders close or roll positions before then
1. What are Energy Futures?
Energy futures are exchange-listed contracts to trade the future price of commodities such as crude oil, natural gas and refined products. KGI Crusoe offers energy futures across crude oil, heating oil, natural gas and gasoline, traded on NYMEX, part of CME Group. Contract size, tick value and expiry are set by the exchange and published in the contract specifications
2. What's the difference between CL, QM and MCL Crude Oil Futures?
CL, QM and MCL all track the same WTI crude oil price but at different contract sizes. CL is the standard contract at 1,000 barrels. QM, the E-mini, is half that size at 500 barrels. MCL, the Micro, is one-tenth the size of CL at 100 barrels. All 3 settle against the same underlying price
3. What moves Energy Futures prices?
Crude oil and refined product futures respond to OPEC+ supply decisions, weekly US inventory data from the EIA, and geopolitical events affecting major producing regions. Natural gas futures are more sensitive to weather forecasts, since heating and cooling demand drive short-term consumption. Seasonal demand patterns affect gasoline and heating oil differently through the year
4. What are the margin requirements to trade Energy Futures?
Margin on energy futures is set by the exchange and varies by contract, moving with volatility, particularly around inventory reports and supply disruptions. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications
5. What are the risks of trading Energy Futures?
Energy futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. Prices can move sharply around inventory data and supply announcements. Physically deliverable contracts carry delivery obligations if held into the delivery period, so most traders close or roll positions before then
Get Started
Start Trading Energy Futures in 3 Steps
Execute trades with confidence and precision
Get Started
Start Trading Energy Futures in 3 Steps
Execute trades with confidence and precision
Get Started
Start Trading Energy Futures in 3 Steps
Execute trades with confidence and precision
1
Choose a Market
Search any market code or name to instantly pull up contract details and margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves
1
Choose a Market
Search any market code or name to instantly pull up contract details and margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves
1
Choose a Market
Search any market code or name to instantly pull up contract details and margin rates
2
Set Your Position
Select your contract size, choose long or short, and pick your order type to match your strategy
3
Execute & Manage
Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing oneโs financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
ยฉ 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing oneโs financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
ยฉ 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe
Legal and Regulatory
KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.
NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.
NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.
Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing oneโs financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.
The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.
This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
ยฉ 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.
KGI Crusoe
