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point value in $ for brent is 100 usd?

3 replies

2 weeks ago #283558

how do you calculate point value in $ for brent oil?

2 weeks ago #283559

point value is 1 lot value

1 lot is 1000 barrels

1000 barrells x 90$ per barrell = 90 000 USD

so point value in $ (1 lot in $) = 90 000 $

correct?

2 weeks ago #283560

so dukascopy data is very incorrect ?

2 weeks ago #283575

check this https://strategyquant.com/forum/topic/5772-point-value-in/#post-283574

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