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Brent Crude Oil Position Size Calculator

Calculate position size for Brent Crude Oil. 1 lot = $10/tick. Free Brent oil risk calculator.

Brent Crude is the global benchmark (2/3 of world oil). Contract: 1,000 barrels. Pip value: $10/pip/lot. Geopolitical events (Middle East, Russia) have outsized impact. Brent typically trades $2-5 premium over WTI. Average range: $1-3/day.

Source: BIS Triennial Survey 2023, broker specifications, market analysis.

Recommended Lot Size

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I have a $10,000 trading account. I want to risk 2% per trade. I'm trading EURUSD with a stop loss of 50 points. What should my position size be? Use the calculator at https://gfil-lab.com/tools/position-size-calculator-ukoil.html

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