EX-99.1 2 tm2130058d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended September 30, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $56,710,042 
Unrealized Gain (Loss) on Market Value of Commodity Futures   181,833,019 
Dividend Income   34,533 
Interest Income   61,406 
ETF Transaction Fees   9,000 
Total Income (Loss)  $238,648,000 
      
Expenses     
General Partner Management Fees  $967,323 
Professional Fees   598,525 
Brokerage Commissions   74,411 
Directors' Fees and insurance   70,292 
NYMEX License Fee   32,244 
Total Expenses  $1,742,795 
Net Income (Loss)  $236,905,205 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 9/1/21  $2,636,929,706 
Additions (1,800,000 Shares)   88,383,015 
Withdrawals (7,000,000 Shares)   (349,744,107)
Net Income (Loss)   236,905,205 
      
Net Asset Value End of Month  $2,612,473,819 
Net Asset Value Per Share (49,623,603 Shares)  $52.65 

 

To the Limited Partners of United States Oil Fund, LP:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended September 30, 2021 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, General Partner of United States Oil Fund, LP  
   
United States Commodity Funds LLC  
1850 Mt. Diablo Boulevard, Suite 640  
Walnut Creek, CA 94596