Highest-materiality recent filing
USO reports $270M net loss for May 2026 on unrealized futures losses; NAV ends at $128.02
Net loss of $270.1M for May 2026; unrealized loss on commodity futures of $304.2M.
USO reports April 2026 net income of $271M; NAV per share $146.87
Net income of $271.1M for April 2026, driven by realized trading gains of $398.7M.
USO monthly account shows $795M net income; NAV per share $126.39 as of March 31, 2026
Net income of $794.9M for March 2026; net asset value rose to $2.65B from $1.15B at start of month.
USO reports Feb 2026 net income $46.8M; NAV per share $81.64
Net income $46.8M for the month ended Feb 28, 2026, from total income $47.5M and expenses $0.7M.
USO reports FY2025 net loss of $64.7M vs net income of $221.1M in 2024
Net loss per limited partner share of $6.35; weighted average share loss of $4.81.
USCF (GP of USO) files audited balance sheet; assets $6.7M, equity $5.1M as of Dec 2025
Total assets $6,712,164 at Dec 31, 2025, down from $7,128,612 a year earlier.
USO reports January 2026 net income of $142M; NAV per share rises to $78.87
Net income of $142.1M for January 2026, driven by $19.1M realized futures gain and $102.9M unrealized futures gain.
USO reports net loss of $14.5M for December; NAV per share $69.10
Net loss of $14,520,499 for month ended December 31, 2025, driven by $20.4M realized trading loss on commodity futures.
USO reports $33M net loss for November; NAV per share $70.02
Net loss of $32.96M for November 2025; NAV fell from $960.05M to $925.90M.
USO reports net loss of $8M for October 2025; NAV per share $72.60
Net loss of $7,980,003 for month ended October 31, 2025.
USO reports net loss of $14.6M and NAV decline for September 2025
Net loss of $14,636,152; total income loss of $13,971,786 for month ended Sept 30, 2025.
USO reports $55M net loss for August 2025; NAV per share $74.89
Net loss of $55.0M for month ended Aug 31, 2025, including $23.8M realized loss on commodity futures.
USO July 2025 NAV per share $79.69; net income $93.1M
Net income for July 2025 was $93,145,358.
USO posts June net income of $55.0M; NAV per share $73.25
Net income for June 2025: $54,964,825, driven by $66.8M realized gains on commodity futures.
USO reports net income of $57M for May 2025; NAV per share $67.07
Net income of $57.0M for month, driven by $45.7M unrealized gain on commodity futures and $5.2M on swaps.
USO reports $185M net loss for April; NAV per share ends at $63.60
Net loss of $184.97M for April; driven by unrealized losses of $88.7M on futures and $13.5M on swaps.
USO Management Director Robert Nguyen resigns; board reduces to 3
Robert L. Nguyen resigned as Management Director of USCF, effective May 31, 2025, upon retirement.
USO reports March 2025 net income $35.4M, NAV per share $77.35
Net income of $35.4M for March 2025; NAV per share $77.35 at month end.
USO reports net loss of $28.2M for February 2025; NAV per share $74.90
Net loss of $28.2M; realized trading losses of $37M on commodity futures offset by $16.6M unrealized gains.
USO reports 2024 net income of $221M vs $46M loss in 2023; NAV rises to $75.45
Net income $221.1M, reversed from $46.0M net loss in 2023; EPS $8.54 basic.
USCF GP reports $7.1M total assets, $5.3M equity as of Dec 2024
Total assets $7,128,612, down from $8,686,371 in 2023; cash & equivalents $2.27M.
USO reports Jan 2025 net income of $33.1M; NAV per share $77.39
Net income of $33.1M driven by realized gains of $95.5M offset by unrealized losses of $65.2M.
USO December 2024 net income $70.2M; NAV per share $75.45
Net income of $70.2M driven by $47.6M unrealized gain on futures and $16.5M realized swap gain.
USO November 2024 monthly account statement: $11.5M net loss, NAV $70.98/share
Net loss of $11.5M for month ended Nov 30, 2024; total income loss of $10.7M.
USO reports Oct 2024 net income $37.6M; NAV per share $71.78
Net income of $37.6M for month ended Oct 31, 2024, vs prior month not given.
USO reports monthly net loss of $74.8M for September 2024
Net loss of $74.8M for month ended Sept 30, 2024; realized trading loss on futures $88.8M.
USO reports net loss of $28M for August 2024; NAV per share $74.29
Net loss of $28,023,407 for month ended Aug 31, 2024; total income loss of $27.1M.
USO reports net loss of $32.6M for July 2024; NAV per share $77.28
Net loss of $32,580,029 for July 2024; total income (loss) of $(31,713,403).
US Oil Fund enters ISDA Master Agreement with Bank of Nova Scotia for OTC swaps
Agreement with The Bank of Nova Scotia allows USO to invest in OTC swaps for its objective.
USO reports net income $90.9M for June; NAV $79.63
Net income $90.9M; total income $91.8M, expenses $0.9M.
USO reports May 2024 monthly net loss of $65M; NAV per share $74.63
Net loss of $65,076,041 for the month ended May 31, 2024.
USO reports net loss of $5.9M for April 2024; NAV per share $78.72
Net loss of $5.9M on total income (loss) of -$5.0M and expenses $923K.
USO reports March 2024 net income of $102.1M; NAV per share $78.93
Net income of $102,072,397 vs. $102,987,114 total income and $914,717 expenses.
USO reports net income of $56.5M for Feb 2024; NAV per share $73.49
Net income (loss) of $56,512,135 for month ended Feb 29, 2024.
USO reports FY2023 net loss of $46M, NAV falls to $66.91
Net loss of $46.0M for 2023, vs net income of $785.2M in 2022.
USCF audited financials for FY2023 show $8.7M assets, $6.2M equity
Total assets $8.7M at Dec 31, 2023 vs $13.3M prior year; member's equity $6.2M vs $10.4M.
USO reports Jan 2024 monthly NAV per share of $70.95, net income $81.7M
Net income of $81.7M; total income of $82.7M, driven by $61.5M in gains on commodity futures and swaps.
United States Oil Fund reports net loss of $81M for December 2023; NAV per share $66.91
Net loss of $80.96M for month ended Dec 31 2023 (includes $106.7M realized trading loss on futures).
USO reports Nov 2023 net loss of $85.9M; NAV falls 14.5% to $70.85/share
Net loss of $85.9M for month ended Nov 30, 2023, driven by $101.2M realized trading loss on commodity futures.
USO reports $129.7M net loss for October 2023; NAV/share $74.79
Net loss of $129.7M for month ended Oct 31; total income loss of $128.7M.
US Oil Fund dismisses Spicer Jeffries, appoints Cohen & Company as auditor for FY2023
Dismissed Spicer Jeffries LLP as independent auditor for fiscal year ending Dec 31, 2023, effective Nov 14, 2023.
USO reports Sept 2023 net income $109.8M, NAV per share $80.75
Net income of $109.8M from realized trading gains ($101.9M), swap gains ($21.9M), and interest/dividend income.
USO reports August 2023 net income of $32M; NAV per share $75.13
Net income $31.98M for August; realized trading gains $72.3M offset by unrealized losses $52.4M.
USO to transition portfolio back to Benchmark Oil Futures Contracts starting Sep 2023
Transition begins with September 2023 monthly roll and ends with January 2024 roll.
USO reports July 2023 net income of $213M; NAV per share $73.14
Net income of $213.3M for July, driven by $139.8M unrealized gain on commodity futures and $38.1M realized swap gain.
USO adds ADMIS as new FCM; Marex internal reorganization consolidates accounts
USO entered a Customer Account Agreement with ADM Investor Services on Aug 8, 2023 for futures execution and clearing.
USO reports net income of $77.4M for June 2023; NAV per share $63.64
Net income $77.4M on total income $78.3M; expenses $913.7K.
USO reports May 2023 net loss of $150M; NAV per share $60.89
Net loss for May 2023: $149.96M, driven by $96.3M unrealized loss on commodity futures.
USO reports April 2023 net income of $37.6M; NAV per share $67.52
Net income of $37.6M from $38.5M total income minus $0.9M expenses.
USO reports net loss of $9.4M for March 2023; NAV per share $66.47
Net loss of $9.4M on total loss of $8.5M; realized trading loss on commodity futures of $13.8M.
On May 19, 2025, Mr. Robert L. Nguyen tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”), which is the general partner of the United States Oil Fund, LP (the “Registrant”).
On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.
On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.
On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC ("USCF"), which is the general partner of the United States Oil Fund, LP (the "Registrant").
On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC ("USCF"), which is the general partner of the United States Oil Fund, LP (the "Registrant").
Max materiality 0.80 · Median 0.35 · Most common event other_material