I guess you want a micro version: QM https://www.cmegroup.com/trading/energy/crude-oil/emini-crude-oil.html
Not yet...the mini crude, QM is the smallest one for now at half the size. however, there are some new products on the horizon including an energy index that will be smaller in size - I will keep you posted!
Be aware though that this instrument has a lower trading volume. This could lead, at times, to a wider bid/ask spread. Another thing is that the QM minimum price step is 0.025 USD, whereas for CL it is 0.01 USD. This larger price step also means that you have a larger spread.
Interesting. I would imagine they will continue to attack the ETF market based on the success of the micro equity products. Hopefully there will eventually be a micro junk bond index future