EX-99.1 2 v440408_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1 

United States Oil Fund, LP  

Monthly Account Statement  

For the Month Ended April 30, 2016  

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	6,374,530
Unrealized Gain (Loss) on Market Value of Futures			541,612,430
Dividend Income			190,855
Interest Income			740,105
ETF Transaction Fees			34,000
Total Income (Loss)		$	548,951,920
Expenses
General Partner Management Fees		$	1,326,884
Professional Fees			252,796
Brokerage Commissions			655,797
Non-interested Directors' Fees and Expenses			18,791
Prepaid Insurance Expense			13,634
NYMEX License Fee			44,230
SEC & FINRA Registration Expense			26,693
Total Expenses		$	2,338,825
Net Income (Loss)		$	546,613,095

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 4/1/16		$	3,512,876,731
Additions (12,800,000 Shares)			121,281,726
Withdrawals (57,100,000 Shares)			(609,652,940	)
Net Income (Loss)			546,613,095
Net Asset Value End of Month		$	3,571,118,612
Net Asset Value Per Share (316,200,000 Shares)		$	11.29

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 April 30, 2016 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