How do I calculate USOIL position size?

Divide the dollar amount you're risking by your stop-loss distance in pips multiplied by the dollar value of one pip. The calculator does this for you once you enter account balance, risk percentage, and stop distance.

What is the lot size for WTI Crude Oil?

One standard lot of WTI Crude Oil (USOIL) equals 100 bbl, as set out in the broker's contract specification.

What is the pip value for USOIL?

One pip on a standard lot is worth $1.00, $0.10 on a mini lot, and $0.01 on a micro lot, already expressed in US dollars.

Does USOIL charge overnight swap?

The snapshot from XM MT5, 2026-09-05 currently shows both long and short swap at zero. Swap rates change daily and differ by broker, so check your own account's contract spec before holding a position overnight.

How big is one pip on crude oil?

One pip on WTI Crude Oil (USOIL) equals a price move of 0.01, the smallest increment the calculator uses to work out pip value and position size.

What's the difference between a USOIL pip calculator and a position size calculator?

A pip calculator shows what one pip move is worth in dollars. A position size calculator uses that same pip value, along with your risk amount and stop distance, to tell you how many lots to trade.

USOIL (WTI Crude Oil) Position Size & Pip Value Calculator

This calculator works out position size and pip value for WTI Crude Oil (USOIL), a commodity quoted in USD. Enter your account balance, risk percentage, and stop-loss distance in pips to get a lot size that matches your risk, plus what each pip move is worth in US dollars.

Some links on this page are affiliate links. If you open an account through them we may earn a commission at no extra cost to you. This does not affect the numbers our calculators produce.

Calculator

Account balance (USD)

Risk per trade (%)

Stop loss (pips)

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Enter your numbers above.

What a move is worth on USOIL

Lot size	1 pip	10 pips	30 pips	50 pips	100 pips	500 pips
Standard · 1.0	$1.00	$10.00	$30.00	$50.00	$100.00	$500.00
Mini · 0.1	$0.10	$1.00	$3.00	$5.00	$10.00	$50.00
Micro · 0.01	$0.01	$0.10	$0.30	$0.50	$1.00	$5.00

Value in USD per position at the current rate — counts are in pips. Change your lot size or stop distance in the calculator above to match a real trade.

One pip on USOIL works out as 0.01 × 100 bbl, already in US dollars. The table just multiplies that by your lot size and pip count.

How to use it

Enter your account balance and the percentage of it you're willing to risk on the trade.
Enter your stop-loss distance in pips for WTI Crude Oil (USOIL).
The calculator returns the matching position size in bbl and lots, along with the dollar value of one pip move.
Check the result against your broker's margin requirement and contract specification before placing the order.

USOIL contract specification

Symbol	USOIL
Asset class	Commodity
1 pip	0.01
Contract size (1 standard lot)	100 bbl
Quote currency	USD
Pip value — Standard lot (1.0)	$1.00
Pip value — Mini lot (0.1)	$0.10
Pip value — Micro lot (0.01)	$0.01
Swap (long, per lot per night)	0 points = $0.00
Swap (short, per lot per night)	0 points = $0.00
Swap data source	XM MT5, 2026-09-05
Points per pip	1

All figures on this page are quoted directly in US dollars, so no exchange rate is involved.

Trading USOIL

Spread and swap differ by broker, which changes what a position actually costs you.

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Questions

How do I calculate USOIL position size?: Divide the dollar amount you're risking by your stop-loss distance in pips multiplied by the dollar value of one pip. The calculator does this for you once you enter account balance, risk percentage, and stop distance.
What is the lot size for WTI Crude Oil?: One standard lot of WTI Crude Oil (USOIL) equals 100 bbl, as set out in the broker's contract specification.
What is the pip value for USOIL?: One pip on a standard lot is worth $1.00, $0.10 on a mini lot, and $0.01 on a micro lot, already expressed in US dollars.
Does USOIL charge overnight swap?: The snapshot from XM MT5, 2026-09-05 currently shows both long and short swap at zero. Swap rates change daily and differ by broker, so check your own account's contract spec before holding a position overnight.
How big is one pip on crude oil?: One pip on WTI Crude Oil (USOIL) equals a price move of 0.01, the smallest increment the calculator uses to work out pip value and position size.
What's the difference between a USOIL pip calculator and a position size calculator?: A pip calculator shows what one pip move is worth in dollars. A position size calculator uses that same pip value, along with your risk amount and stop distance, to tell you how many lots to trade.