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Tiomarkets Logo

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0.1 lots = 100 barrels of Crude Oil

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100 barrels x $70 = $7,000

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USD 7,000 / 20 = $350

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P/L = (Current price - Initial price) x Quantity

P/L = ($80 - $70) x 100

P/L = $10 x 100

P/L = $1,000

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P/L = (Current price - Initial price) x Quantity

P/L = ($60 - $70) x 100

P/L = -$10 x 100

P/L = - $1,000

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