other material
confidence high
sentiment negative
materiality 0.45
United States Oil Fund reports net loss of $81M for December 2023; NAV per share $66.91
United States Oil Fund, LP
- Net loss of $80.96M for month ended Dec 31 2023 (includes $106.7M realized trading loss on futures).
- Unrealized gain of $37.5M on commodity futures partially offset losses.
- NAV per share $66.91, total NAV $1.567B on 23.4M shares.
- Additions of 11.2M shares ($749.5M) and withdrawals of 9M shares ($604.8M).