Finance Tools

Oil Futures Margin & Risk Calculator

Estimate margin requirement, notional exposure, leverage, and risk per move for an oil futures position using contracts, contract size, price, and margin rate.

Estimate notional exposure, margin requirement (as a simple % of notional), leverage, and a risk scenario impact for an oil futures position. Real margin rules vary by exchange and broker.

Used to compute notional exposure.

Number of contracts.

Example: 1,000 bbl/contract (varies by product).

Simple estimate. Your broker may require initial + maintenance margin rules.

Example: “price moves $3 against me”.

Quick presets

Presets are optional — you can type exact values.

Total barrels: 2,000 bbl

Notional exposure: $160000.00

Estimated margin: $16000.00

Estimated leverage: 10.00× (notional ÷ margin)

Adverse move scenario: $3.00 / bbl

Scenario P/L impact: -$6000.00

Impact as % of margin: 37.5%

This is magnitude only (fees, slippage, and broker liquidation rules are not included).

How to use this oil futures margin & risk calculator

  1. Enter oil futures price (per barrel), contracts, and barrels per contract.
  2. Enter margin rate (or initial margin as a percent).
  3. Enter an expected adverse move ($ per barrel) to estimate risk impact.
  4. Review notional exposure, estimated margin, leverage, and P/L impact.

Example

If price is $80, 2 contracts, 1,000 bbl/contract, margin rate 10%, adverse move $3:

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