United States Oil Fund reports August net income of $84 million
The United States Oil Fund, LP reported net income of $84,018,427 for the month ended August 31, 2026. The fund’s statement of income shows total income of $85,182,006, which was reduced by total expenses of $1,163,579…
The United States Oil Fund, LP reported net income of $84,018,427 for the month ended August 31, 2026. The fund’s statement of income shows total income of $85,182,006, which was reduced by total expenses of $1,163,579 to arrive at the final net figure.
Realized trading gains on commodity futures accounted for the largest portion of the fund’s revenue, totaling $115,732,046. The fund also recorded expenses led by general partner management fees of $720,329.
The fund’s net asset value declined over the month due to withdrawals exceeding additions. Beginning net asset value on August 1, 2026, was $1,847,331,898. The fund saw additions from 9,000,000 shares and withdrawals from 9,900,000 shares. Factoring in the monthly net income, the ending net asset value stood at $1,790,469,813.
With a total of 13,423,603 shares outstanding at month-end, the net asset value per share for the United States Oil Fund was $133.38. Stuart P. Crumbaugh, Chief Financial Officer of United States Commodity Funds LLC, certified the account statement as accurate and complete pursuant to Rule 4.22(h) under the Commodity Exchange Act.