EX-99.1 2 tm2512319d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended March 31, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(28,449,210)
Realized Gain (Loss) on Swap Contracts   (2,175,845)
Unrealized Gain (Loss) on Market Value of Commodity Futures   52,631,700 
Unrealized gain (loss) on Fair Value of Swap Contracts   10,793,322 
Dividend Income   2,041,574 
Interest Income   1,119,423 
ETF Transaction Fees   32,000 
Total Income (Loss)  $35,992,964 
      
Expenses     
General Partner Management Fees  $350,489 
Professional Fees   156,577 
Brokerage Commissions   102,688 
Directors' Fees and insurance   12,419 
License fees   11,683 
Total Expenses  $633,856 
Net Income (Loss)  $35,359,108 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/25  $990,497,270 
Additions (7,300,000 Shares)   534,540,361 
Withdrawals ((7,900,000) Shares)   (583,948,628)
Net Income (Loss)   35,359,108 
      
Net Asset Value End of Month  $976,448,111 
Net Asset Value Per Share (12,623,603 Shares)  $77.35 

 

To the Limited Partners of United States Oil Fund, LP:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended March 31, 2025 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, General Partner of United States Oil Fund, LP  

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596