Robert L. Nguyen
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”).
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 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 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.
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 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.
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.
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.
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.
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