United States Oil Fund Reports September 2025 Financial Performance

Summary

On October 28, 2025, United States Oil Fund, LP (USO) reported its financial performance for the month ended September 30, 2025. The fund experienced a total net loss of $14,636,152 due to significant unrealized losses on commodity futures and swap contracts. The Net Asset Value (NAV) decreased from $982,775,138 at the beginning of the month to $884,669,387 by month-end, reflecting the impact of the net loss and withdrawals. The monthly account statement, furnished as Exhibit 99.1, provides detailed income and expense figures, including substantial unrealized losses on futures and swaps, partially offset by dividend and interest income.