Pip calculator for Crude oil (USOIL)

A pip is small. Your lot isn't.

Find out what one pip costs you before the market does.

Drag the scale

 

Pip value by lot size

LotValue of 1 pip
0.010.1 USD
0.11 USD
0.55 USD
110 USD

Standard contract sizes. Brokers differ: check yours before you trade.

How it's calculated

Pip value = contract size x pip size x lots. One standard lot of Crude oil (USOIL) is 1,000 units and one pip is 0.01, so one pip on one lot is worth 10 USD.

By instrument

GoldSilverEUR/USDGBP/USDAUD/USDUSD/JPY

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