NewsMV
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.
Keep reading