EX-99.1 2 tm2132696d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended October 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $134,343,842 
Unrealized Gain (Loss) on Market Value of Commodity Futures   95,638,898 
Dividend Income   38,432 
Interest Income   65,537 
ETF Transaction Fees   14,000 
Total Income (Loss)  $230,100,709 
      
Expenses     
General Partner Management Fees  $1,065,368 
Professional Fees   567,475 
Brokerage Commissions   72,029 
Directors' Fees and insurance   72,052 
NYMEX License Fee   35,513 
Total Expenses  $1,812,437 
Net Income (Loss)  $228,288,272 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/21  $2,612,473,819 
Additions (3,700,000 Shares)   206,829,186 
Withdrawals (5,400,000 Shares)   (305,025,147)
Net Income (Loss)   228,288,272 
      
Net Asset Value End of Month  $2,742,566,130 
Net Asset Value Per Share (47,923,603 Shares)  $57.23 

 

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 October 31, 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