USO reports $270M net loss for May 2026 on unrealized futures losses; NAV ends at $128.02

United States Oil Fund, LP

Net loss of $270.1M for May 2026; unrealized loss on commodity futures of $304.2M.
Net asset value per share at May 31, 2026: $128.02 on 13.5M shares.
Total income (loss) negative $269M; realized trading gains of $65.6M offset by large unrealized losses.
Net asset value decreased from $1.692B to $1.731B despite net creations of $309M from share issuance.

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