USO reports August 2023 net income of $32M; NAV per share $75.13

United States Oil Fund, LP

Net income $31.98M for August; realized trading gains $72.3M offset by unrealized losses $52.4M.
Net asset value end of month $1.50B, NAV per share $75.13 on 19.9M shares outstanding.
Share activity: 8.3M shares added, 8.6M shares withdrawn during the month.
Total expenses $872K comprising management fees $549K, professional fees $183K, and other costs.

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