As part of it’s periodic review. MCX has decided to levy an Additional margin of 7% each for all variants of Futures contracts of Crude Oil and Natural Gas from Friday, August 25, 2023 (Beginning of the Day). This is done as part of risk management measure to mitigate systemic risk especially given the increasing volatility of late.
You can check the MCX Circular here:
@Meher_Smaran margin are too high…i was reading this…this says 1 lot margin near 50K