MCX GOLD₹1,46,350+0.08%MCX SILVER₹2,24,194-0.56%MCX CRUDE₹8770.00+1.06%MCX COPPER₹1403.85+0.14%MCX NAT GAS₹290.20-1.19%USD / INR₹96.10-0.17%COMEX GOLD$4,192+0.29%WTI CRUDE$91.20+2.04%MCX GOLD₹1,46,350+0.08%MCX SILVER₹2,24,194-0.56%MCX CRUDE₹8770.00+1.06%MCX COPPER₹1403.85+0.14%MCX NAT GAS₹290.20-1.19%USD / INR₹96.10-0.17%COMEX GOLD$4,192+0.29%WTI CRUDE$91.20+2.04%
MCX GOLD₹1,46,350+0.08%MCX SILVER₹2,24,194-0.56%MCX CRUDE₹8770.00+1.06%MCX COPPER₹1403.85+0.14%MCX NAT GAS₹290.20-1.19%
as of 2026-09-30 22:24 IST

MCX contract reference

MCX Crude Oil Contracts 2026: Lot Size, Tick Value & Contract Value

Reviewed by BhaavBrief Editorial Desk · 30 September 2026 · Market data timestamp: 2026-09-30 22:24 IST

Short answer: The standard MCX Crude Oil futures contract represents 100 barrels and is quoted in rupees per barrel. A ₹1 move in the quote changes one standard lot by ₹100. Verify the active expiry, contract specification and margin in the current MCX contract record before trading.

Crude Oil contract arithmetic

The standard contract value is the MCX Crude Oil futures price multiplied by 100 barrels. A ₹50/barrel move therefore changes the standard-lot value by ₹5,000. This calculation explains exposure; it does not describe the amount of capital required or forecast a move.

MCX Crude Oil is distinct from a physical petrol or diesel purchase. It is a listed derivatives contract with its own expiry, settlement rules, risk requirements and trading hours.

Why expiry matters more in crude

Crude Oil has a defined contract month. The near-month and next-month futures may trade at different prices because of the live market curve. Before any rollover decision, compare the actual contracts and their liquidity; a fixed “normal” roll cost is not reliable.

For anyone using options, identify the underlying futures expiry first. Option-chain metrics such as open interest, implied volatility, PCR and max pain are expiry-specific and should not be treated as a direction call.

Margin and price risk

Margin is set dynamically by the exchange risk system and the broker. It is separate from the 100-barrel contract value. A small percentage move in crude can create a larger percentage movement in the margin posted, which is why an independent margin check and a sufficient buffer matter.

Use only the exchange and broker’s current figures for executable decisions. BhaavBrief provides market context and analytics, not trading advice.

Related BhaavBrief tools and guides

MCX futures rollover guideUnderstand the mechanics of moving from one futures expiry to another.Live MCX Crude Oil contextSee current crude market context and benchmarks.MCX Crude Oil optionsReview Crude Oil option-chain analytics by expiry.

Frequently asked questions

What is the MCX Crude Oil standard lot size?

The standard MCX Crude Oil futures contract represents 100 barrels. Confirm the active contract’s specification with MCX before trading.

What is the tick value for one standard MCX Crude Oil lot?

Crude Oil is quoted in rupees per barrel. A ₹1 move across a 100-barrel standard lot changes its value by ₹100.

Where can I see live MCX Crude Oil option analytics?

BhaavBrief’s Crude Oil options page provides live options analytics by available expiry; use it alongside the exchange specification for contract details.

Sources and editorial policy

The standard contract reference is 100 barrels; verify the specific listed contract and delivery calendar on MCX.

Primary reference: MCX contract information. BhaavBrief is not SEBI registered and this page is educational, not investment advice. See our methodology.