Quoted in dollars per barrel to two decimals; a $0.01 move is one tick.
On a standard 1,000-barrel contract, each $0.01 move is $10 and a $1.00 move is $1,000; retail CFD contracts are often much smaller. Broker specification decides.
Near-24h on weekdays with a daily settlement break (commonly around 21:00–22:00 UTC); closed weekends. Broker calendar is authoritative.
US hours dominate; Wednesday's EIA inventory report (14:30 UTC) is the week's scheduled main event.
USOIL tracks West Texas Intermediate crude, the US oil benchmark, via CFD. Oil is the most news-driven instrument on this list: OPEC+ production decisions, inventory data, geopolitical supply threats, and demand expectations all hit a market where supply and demand are physically inelastic — small imbalances produce large price moves.
It also has the most honest calendar of any commodity: every Wednesday at 14:30 UTC the EIA inventory report prints, and the minutes around it are reliably the week's wildest scheduled window.
How USOIL behaves
- The weekly EIA report (Wed 14:30 UTC) routinely moves price a dollar or more in minutes; API's Tuesday preview adds a smaller tremor.
- OPEC+ meeting headlines can gap the market at any hour of their scheduled days.
- Trends powerfully on supply narratives, then whipsaws when the narrative resolves.
Risk notes for USOIL
- Contract math is unforgiving: on full-size contracts a $1 move is $1,000 — verify whether your broker's CFD is 1,000, 100, or 10 barrels before sizing anything.
- Holding through the Wednesday inventory print is an event trade whether intended or not.
- Weekend gaps on geopolitical news are frequent and can be large; oil rewards smaller positions than its trends tempt you into.
Whatever the instrument, the sizing method is the same: place the stop where the trade idea is invalid, then size the position so that stop costs a fixed fraction of the account. Our position size calculator does that math, and the stop-loss and risk–reward guide explains why the order of operations matters.
USOIL — frequently asked questions
What are USOIL trading hours?
Roughly around the clock on weekdays with a daily settlement break in the late US afternoon (around 21:00–22:00 UTC on most brokers), closed on weekends. Liquidity is deepest during US hours.
What is the EIA report and why does it move oil?
The US Energy Information Administration publishes weekly crude and product inventory levels every Wednesday at 14:30 UTC. Inventories are the most direct measurable evidence of supply–demand balance, so surprises reprice oil immediately — often by a dollar or more within minutes.
How much is an oil tick worth?
On a standard 1,000-barrel contract, each $0.01 is $10 — so a $1.00 move is $1,000 per contract. Retail CFDs frequently use smaller contract sizes; the broker's specification is the only number to trust for sizing.
Reference information, not financial advice. Contract sizes, pip values, hours, and spreads vary by broker — your broker's specification is authoritative, and RezSync Algo always reads these values live from the broker rather than assuming them. Trading involves substantial risk of loss; forward-test on a demo account before any live decision.
Trade USOIL with the math enforced
RezSync Algo reads USOIL's real contract data from your cTrader broker, sizes positions stop-first, and runs AI trade review inside hard risk guardrails — demo-first, live strictly opt-in.