USO reports May 2024 monthly net loss of $65M; NAV per share $74.63

United States Oil Fund, LP

Net loss of $65,076,041 for the month ended May 31, 2024.
Net asset value per share $74.63 on 16,923,603 shares outstanding.
Realized trading loss on commodity futures of $59,359,210 and swap loss of $17,417,340.
Unrealized gain on commodity futures of $7,058,030; interest and dividend income totaled $5,533,415.
Total expenses of $924,058 included $507,873 management fees and $116,309 brokerage commissions.

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