USO reports $129.7M net loss for October 2023; NAV/share $74.79

United States Oil Fund, LP

Net loss of $129.7M for month ended Oct 31; total income loss of $128.7M.
Unrealized loss on commodity futures of $111.5M; realized swap loss of $25.4M.
NAV per share $74.79 on 23.5M shares; net creations of 4.6M shares (15.2M added, 10.6M withdrawn).
Total expenses $963K; management fees $606K.
NAV increased from $1.528B to $1.759B due to share creations, partially offset by the net loss.

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