---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-121487"
form_type: "8-K"
ticker: "USO"
cik: "0001327068"
company_name: "United States Oil Fund, LP"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T20:50:28.483486+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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- NAV per share $74.79 on 23.5M shares; net creations of 4.6M shares (15.2M added, 10.6M withdrawn).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.

## SEC filing metadata
- accession: 0001104659-23-121487
- form_type: 8-K
- ticker: USO
- cik: 0001327068
- company_name: United States Oil Fund, LP
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327068/000110465923121487/0001104659-23-121487-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327068/000110465923121487/tm2330722d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-121487
- JSON: https://secwatch.observer/filing/0001104659-23-121487.json
- Plain text: https://secwatch.observer/filing/0001104659-23-121487.txt

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