other material
confidence high
sentiment positive
materiality 0.60
USO monthly account shows $795M net income; NAV per share $126.39 as of March 31, 2026
United States Oil Fund, LP
- Net income of $794.9M for March 2026; net asset value rose to $2.65B from $1.15B at start of month.
- Major income drivers: $421.6M realized futures gain, $285.5M unrealized futures gain, $77.1M realized swap gain.
- Share activity: 20M shares added ($2.17B) vs 13.2M shares withdrawn ($1.48B); total shares outstanding 20.9M.
- Total expenses were $1.22M, primarily $820K management fees and $201K brokerage commissions.