---
title: "CL Tick Value - Crude Oil (WTI) Futures Contract Specs - Get Funded Now"
description: "Crude Oil (WTI) (CL) futures: $0.01 per barrel tick worth $10, $1,000 per point. Contract size, exchange, and how many ticks of drawdown a funded account gives you."
url: "https://getfundednow.com/futures/contracts/cl-crude-oil"
language: "en"
last_modified: "2026-10-29"
publisher: "Get Funded Now (getfundednow.com)"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Energy futures · NYMEX

# CL Crude Oil (WTI)

One CL tick is $0.01 per barrel, worth $10 per contract. One point is worth $1,000.

## Contract specifications

| Specification | CL |
| --- | --- |
| Contract | Crude Oil (WTI) |
| Exchange | NYMEX |
| Contract size | 1,000 barrels of WTI crude oil |
| Minimum tick | $0.01 per barrel |
| Tick value | $10 |
| Point value | $1,000 |

The world's most traded energy contract. Crude reacts sharply to the weekly inventory report, OPEC+ decisions and geopolitics - $10 a tick adds up quickly on a fast day.

Micro contract: [MCL - Micro WTI Crude Oil](https://getfundednow.com/futures/contracts/mcl-micro-crude-oil), $1 per tick.

## How much room a funded account gives you on CL

Every Get Funded Now futures account has a 3% maximum drawdown. Divided by CL's $10 tick, that is how far one contract can move against you before the account is breached. Trading your full position limit divides that room by the number of contracts.

| Account | Max drawdown | Ticks of room, 1 CL | Max contracts | Ticks of room, max CL |
| --- | --- | --- | --- | --- |
| $25,000 | $750 | 75 | 2 | 37 |
| $50,000 | $1,500 | 150 | 4 | 37 |
| $75,000 | $2,250 | 225 | 5 | 45 |
| $100,000 | $3,000 | 300 | 6 | 50 |
| $150,000 | $4,500 | 450 | 9 | 50 |

Size a trade from your stop with the [futures position size calculator](https://getfundednow.com/futures/tools/futures-position-size-calculator), or see [how end-of-day trailing drawdown works](https://getfundednow.com/futures/end-of-day-drawdown).

Specifications are set by the exchange and are published here for reference. Check the [futures rules](https://getfundednow.com/futures/rules) for the instruments available on your account.

## Questions

### What is the tick value of CL?

One CL tick ($0.01 per barrel) is worth $10 per contract.

### How much is one point on CL?

A full one-point move is worth $1,000 per contract.

### What does one CL contract represent?

1,000 barrels of WTI crude oil, traded on NYMEX.

Launching 12 Nov

## Your futures account is two weeks away

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[View futures plans](https://getfundednow.com/futures/challenges) · [Read the futures rules](https://getfundednow.com/futures/rules)

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Source: https://getfundednow.com/futures/contracts/cl-crude-oil
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt