secwatch.observer — SEC 8-K summary
======================================

Issuer:     United States Oil Fund, LP (USO)
CIK:        0001327068
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001104659-24-093797
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USO reports net loss of $32.6M for July 2024; NAV per share $77.28
------------------------------------------------------------------

- Net loss of $32,580,029 for July 2024; total income (loss) of $(31,713,403).
- Realized trading gain on commodity futures of $59.6M offset by unrealized loss of $(86.1)M.
- Net asset value fell from $1.260B to $1.254B; 16.2M shares outstanding.
- Net additions of 0.4M shares during month; total expenses of $866,626.
- Management fees $471,873; brokerage commissions $95,300; professional fees $248,442.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924093797/0001104659-24-093797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924093797/tm2421763d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-093797

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer