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WTI Oil Pip Value Calculator (2026)

Calculate the exact USD value of one pip for any lot size. Pre-loaded for West Texas Intermediate crude oil, US dollars per barrel.

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Prices update from live market feeds, but your broker's quotes, contract sizes and spreads can differ — check them before placing a trade.

Currency Pair

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Lot Size

Spread

pips

Target $/pip (reverse)

USD/pip

Pip Value (USD)

$10.00

per 1-pip move

Pip size

0.01

Units

1,000 bbl

$/pip per lot

$10.00

Spread Cost

−$12.00

per trade (1.2 pip spread × 1.00 lots). Paid once: you buy at the ask and close at the bid — not again on exit.

Pip Value by Lot Size — WTI Crude Oil

Lots	Type	Units	$/pip
0.01	Micro	10 bbl	$0.10
0.10	Mini	100 bbl	$1.00
0.50	½ Std	500 bbl	$5.00
1.00← current	Std	1,000 bbl	$10.00

Click any row to select that lot size

WTI Crude Oil — Typical Daily Range

High

ATR (20-day)

~200 pips

≈ $2,000.00 at 1.00 lots

Day Trade SL

50–80 pips

25–40% of ATR

Swing SL

100–150 pips

50–75% of ATR

EIA inventories (Wed) and OPEC+ headlines. Indicative 20-day ATR — volatility rises sharply during NFP, CPI and central bank events.

Broker Cost Comparison — WTI/USD · 1.00 lots (round-trip)

Broker Type	Spread	Round-trip Cost	vs ECN
ECN / Raw Best overall for active traders	0.3 pip + $3.50/lot/side	−$10.00	✓ cheapest
STP / Zero Comm Good for low-frequency traders	3.3 pip	−$33.00	+$23.00
Market Maker Convenient, wider spread	5.1 pip	−$51.00	+$41.00
High-cost MM Avoid for frequent trading	7.5 pip	−$75.00	+$65.00

Indicative typical spreads. Round-trip cost = spread (paid once) + commission on both sides. Actual rates vary by broker and market conditions.

Pip Value Across All Pairs — 1.00 lots

Sorted by pip value descending. Click any row to select that pair. ECN commission = $3.50/lot.

Formula: pip size × contract size × lots × USD conversion rate

WTI Crude Oil at a glance

Pip Size

0.01

Pip Value (1 lot)

$10.00

Avg Spread

2–5 cents

Active Session

New York (EIA inventories Wed 10:30 ET)

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Balance & risk are remembered on this device ·

Featured

Deriv

4.0

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Capital at risk · T&Cs apply

Quick Answer

A standard oil CFD lot is 1,000 barrels, so a $0.01 move (one pip) is worth $10 and a $1.00 move is $1,000 per lot. Some brokers use 100- or 10-barrel contracts; choose yours in the calculator above and the lot size adjusts while your dollar risk stays the same.

Pip Value Calculator Formula

Pip Value = Pip Size × Contract Size × Lots × USD Rate

Example (WTI Oil): 1 lot: 0.01 × 1,000 = $10.00 per pip

About WTI Oil — West Texas Intermediate crude oil, US dollars per barrel

WTI is the US crude benchmark, priced at Cushing, Oklahoma. It is driven by OPEC+ supply decisions, the weekly EIA inventory report, US production and global growth expectations, and can move several percent in a session on geopolitical headlines. Broker CFDs usually track the front-month NYMEX future, so the quoted contract rolls every month.

Other Calculators for WTI Oil

WTI Oil Position Size WTI Oil Margin WTI Oil P&L WTI Oil Risk/Reward

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