USO reports FY2023 net loss of $46M, NAV falls to $66.91

United States Oil Fund, LP

Net loss of $46.0M for 2023, vs net income of $785.2M in 2022.
Net loss per share of $3.14 (basic); weighted avgerage loss per share $2.01.
Net asset value per share fell to $66.91 from $70.05 at Dec 31, 2022.
Total partners' capital decreased to $1.567B; shares outstanding down to 23.4M.
Auditor changed to Cohen & Company for 2023 (prior auditor was BBD LLP).

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