United States Oil Fund, LP Issues Monthly Account Statement for October 2024

Summary

On November 29, 2024, United States Oil Fund, LP issued its monthly account statement for October 31, 2024, detailing a net income of $37,631,087. The statement, furnished as Exhibit 99.1, reports realized trading gains on commodity futures of $80,857,818, but was offset by unrealized losses on commodity futures of $54,314,548. Dividend income and interest income added $5,374,217 to the fund's income. Net asset value at the end of October was $71.78 per share, down from $74.24 at the beginning of the month.