CONTRACTS AND AGREEMENTS (Tables)

6 Months Ended

Jun. 30, 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 six months ended June 30, 2016			For the six months ended June 30, 2015
Total commissions accrued to brokers	$	3,832,708		$	2,282,032
Total commissions as an annualized percentage of average total net assets		0.22	%		0.19	%
Commissions accrued as a result of rebalancing	$	3,504,380		$	1,877,665
Percentage of commissions accrued as a result of rebalancing		91.43	%		82.28	%
Commissions accrued as a result of creation and redemption activity	$	328,328		$	404,367
Percentage of commissions accrued as a result of creation and redemption activity		8.57	%		17.72	%