EX-99.1 2 v422644_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1 

 

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended September 30, 2015

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $62,059,960 
Unrealized Gain (Loss) on Market Value of Futures   (344,122,919)
Dividend Income   6,435 
Interest Income   178,844 
ETF Transaction Fees   20,000 
Total Income (Loss)  $(281,857,680)
      
Expenses     
General Partner Management Fees  $978,952 
Professional Fees   100,694 
Brokerage Commissions   469,988 
Non-interested Directors' Fees and Expenses   17,339 
Prepaid Insurance Expense   8,002 
NYMEX License Fee   32,632 
SEC & FINRA Registration Expense   26,693 
Total Expenses  $1,634,300 
Net Income (Loss)  $(283,491,980)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 9/1/15  $3,084,656,111 
Additions (28,700,000 Shares)   422,646,207 
Withdrawals (49,800,000 Shares)   (742,158,231)
Net Income (Loss)   (283,491,980)
      
Net Asset Value End of Month  $2,481,652,107 
Net Asset Value Per Share (170,300,000 Shares)  $14.57 

 

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, 2015 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  

1999 Harrison Street, Suite 1530  

Oakland, CA 94612