United States Oil Fund Reports Significant Monthly Loss

Summary

United States Oil Fund, LP reported a net loss of $270,124,551 for the month ended May 31, 2026. The loss was driven by significant unrealized losses on commodity futures and swap contracts, partially offset by realized gains on trading and swap contracts. The net asset value per share decreased from $169.24 at the beginning of the month to $128.02 at the end of the month. The monthly account statement, including a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, is furnished as Exhibit 99.1 to this Current Report on Form 8-K.