Brent Oil Pip Value Calculator (2026)
Calculate the exact USD value of one pip for any lot size. Pre-loaded for Brent crude oil, US dollars per barrel.
Brent Crude Oil at a glance
Pip Size
0.01
Pip Value (1 lot)
$10.00
Avg Spread
3–6 cents
Active Session
London, New York
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Balance & risk are remembered on this device ·
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Brent CFDs are usually quoted per 1,000-barrel lot: one pip ($0.01) is $10 per lot and a $1 move is $1,000. Check whether your broker uses 1,000, 100 or 10 barrels and set it in the calculator above.
Pip Value Calculator Formula
Pip Value = Pip Size × Contract Size × Lots × USD Rate
Example (Brent Oil): 1 lot: 0.01 × 1,000 = $10.00 per pip
About Brent Oil — Brent crude oil, US dollars per barrel
Brent is the global crude benchmark used to price most of the world's oil, so it is more sensitive than WTI to Middle East and North Sea supply risk and to European demand. It normally trades a few dollars above WTI. Broker CFDs track the front-month ICE Brent future.
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