Risk per contract = stop in dollars × barrels per contract. A $1.00 move on one CL contract is $1,000; the $0.01 tick is $10. Confirm the contract size with your broker or the exchange.
About this calculator. The result is an educational estimate. Contract sizes, pip values, spreads, commissions and overnight financing differ by broker and by instrument, and fills can differ from the prices you model. Check your own account's specification before trading.