USO reports net loss of $9.4M for March 2023; NAV per share $66.47

United States Oil Fund, LP

Net loss of $9.4M on total loss of $8.5M; realized trading loss on commodity futures of $13.8M.
NAV per share $66.47 (24.5M shares); month-end NAV $1.63B, up from $1.54B due to net creations.
Unrealized gain on commodity futures of $4.5M partially offset realized losses; interest income $4.7M.
Total expenses $921K, including $595K management fees and $178K professional fees.
Net share increase of 1.6M (7.3M created, 5.7M redeemed) during the month.

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