USO reports net income of $57M for May 2025; NAV per share $67.07

United States Oil Fund, LP

Net income of $57.0M for month, driven by $45.7M unrealized gain on commodity futures and $5.2M on swaps.
NAV end-of-month $907.0M, down from $981.0M beginning; net redemptions of (11.9M shares) vs. additions 10M.
NAV per share $67.07 on 13.5M outstanding shares.
Realized trading loss on futures of $3.8M offset by $7.4M realized gain on swap contracts.
Total expenses $735K, including management fees $370K and brokerage commissions $152K.

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