---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-095589"
form_type: "8-K"
ticker: "USO"
cik: "0001327068"
company_name: "United States Oil Fund, LP"
filed_at: "2023-08-28T23:59:59+00:00"
generated_at: "2026-06-11T02:49:31.960848+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# USO reports July 2023 net income of $213M; NAV per share $73.14

## Summary
- Net income of $213.3M for July, driven by $139.8M unrealized gain on commodity futures and $38.1M realized swap gain.
- Total income of $214.2M; expenses of $0.9M (GP mgmt fees $0.6M).
- NAV per share of $73.14 on 20.2M shares outstanding; net redemptions of 4.6M shares during month.
- Net asset value decreased from $1.58B to $1.48B due to net redemptions of $313.9M offset by net income.

## SEC filing metadata
- accession: 0001104659-23-095589
- form_type: 8-K
- ticker: USO
- cik: 0001327068
- company_name: United States Oil Fund, LP
- filed_at: 2023-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327068/000110465923095589/0001104659-23-095589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327068/000110465923095589/tm2323305d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-095589
- JSON: https://secwatch.observer/filing/0001104659-23-095589.json
- Plain text: https://secwatch.observer/filing/0001104659-23-095589.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.