CONTRACTS AND AGREEMENTS (Tables)

3 Months Ended

Mar. 31, 2016

USO also incurs commissions to brokers for the purchase and sale of Oil Futures Contracts, Other Oil-Related Investments or short-term obligations of the United States of two years or less (“Treasuries”).

	For the three months ended March 31, 2016			For the three months ended March 31, 2015
Total commissions accrued to brokers	$	2,229,168		$	1,187,217
Total commissions as an annualized percentage of average total net assets		0.26	%		0.21	%
Commissions accrued as a result of rebalancing	$	2,004,368		$	958,970
Percentage of commissions accrued as a result of rebalancing		89.92	%		80.77	%
Commissions accrued as a result of creation and redemption activity	$	224,800		$	228,247
Percentage of commissions accrued as a result of creation and redemption activity		10.08	%		19.23	%