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Form 8-K · Current Report · Filed 2024-11-29

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

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.

Filer
USO USO
Filed
Accession
0001104659-24-123953
CIK
0001327068
Signal
Low impact

Details

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.

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$71.72

Next session

-0.9%

Since filing

+80.1%

Latest close

$129.17

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from USO reporting the same item, with the next session's move:

Exhibits (1)

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