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CONTRACTS AND AGREEMENTS (Tables)

9 Months Ended

Sep. 30, 2016

Contractors [Abstract]

Brokerage Commission

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 nine months ended September 30, 2016				For the nine months ended September 30, 2015
Total commissions accrued to brokers		$	5,376,805			$	3,609,509
Total commissions as an annualized percentage of average total net assets			0.21	%			0.20	%
Commissions accrued as a result of rebalancing		$	4,920,092			$	2,972,195
Percentage of commissions accrued as a result of rebalancing			91.51	%			82.34	%
Commissions accrued as a result of creation and redemption activity		$	456,713			$	637,314
Percentage of commissions accrued as a result of creation and redemption activity			8.49	%			17.66	%

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Tabular disclosure of fees earned by the broker commission.

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