UKOIL Pip Value Calculator

UKOIL Pip Value Calculator

Calculate the exact pip value for UKOIL trades. UKOIL has a pip size of 0.01 and a contract size of 1,000 barrels, making each pip worth $0.01 per lot.

UKOIL Specifications

• Symbol: UKOIL
• Pip Size: 0.01
• Contract Size: 1,000 barrels
• Pip Value per Lot: $0.01 per lot

Python Example

from gfil_calculators.pip_value import calculate_pip_value

result = calculate_pip_value("UKOIL", 1.0, "USD")
print(f"1 pip = ${result['one_pip']}")