secwatch.observer — SEC 8-K summary
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Issuer:     United States Oil Fund, LP (USO)
CIK:        0001327068
Form:       8-K
Filed at:   2026-06-29T12:16:43+00:00
Accession:  0001104659-26-078516
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327068/000110465926078516/0001104659-26-078516-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327068/000110465926078516/tm2617346d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-078516

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