Calculate crude oil futures profit and position size. Essential tool for energy traders managing volatility.
A delayed market reference loads after page open. Use it as a starting point only, then verify against your live platform price before trading.
| Tick Size | 0.01 |
| Tick Value | $10.00 |
| Contract Size | 1,000 Barrels |
| Margin (Est.) | $7,400 |
| Trading Hours | Sun-Fri 6:00pm - 5:00pm ET |
| Exchange | NYMEX |
Start with the delayed reference price when available, replace it with your current market price if needed, then add your stop loss, choose a risk percentage, and TickPilot returns the contract size that matches your risk.
Formula:
Example P&L = (Exit Price - Entry Price) / Tick Size x Tick Value x Contracts
TickPilot automates this calculation. Enter your account balance, chosen risk percentage, and stop loss to calculate a whole-contract position size that fits that risk budget.
The tick value of CL is $10.00 per 0.01 price move.
A $0.10 move in CL is equal to 10 ticks, which is $100 profit or loss per contract.