United States Oil Fund Reports Significant Monthly Net Income

Details

The income was driven by significant unrealized gains on commodity futures and swap contracts, partially offset by realized trading losses on commodity futures. The net asset value per share increased to $128.97 at the end of the month. A detailed account statement is furnished as Exhibit 99.1 and available on the company's website.

Items reported

About United States Oil Fund, LP

United States Oil Fund, LP is a commodities-focused exchange-traded fund that provides exposure to the price movements of light, sweet crude oil. The fund is structured as a limited partnership and is designed so that the daily percentage changes in its net asset value reflect the daily percentage changes in the spot price of West Texas Intermediate crude oil delivered to Cushing, Oklahoma. To achieve this, United States Oil Fund, LP primarily invests in short-term futures contracts on WTI crude oil traded on regulated exchanges, along with other oil-related futures and over-the-counter swaps. Collateral from these derivatives is typically held in cash or cash-equivalent instruments. The fund is used by market participants seeking targeted exposure to crude oil price dynamics, including traders implementing tactical views on the energy market and institutions managing commodity allocations within diversified portfolios. Organized in the United States, United States Oil Fund, LP plays a notable role in providing accessible, exchange-traded access to the crude oil futures market for both professional and retail investors.