CONTRACTS AND AGREEMENTS (Tables)

3 Months Ended

Mar. 31, 2017

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, 2017			For the three months ended March 31, 2016
Total commissions accrued to brokers	$	1,161,407		$	2,229,168
Total commissions as an annualized percentage of average total net assets		0.16	%		0.26	%
Commissions accrued as a result of rebalancing	$	1,060,043		$	2,004,368
Percentage of commissions accrued as a result of rebalancing		91.27	%		89.92	%
Commissions accrued as a result of creation and redemption activity	$	101,364		$	224,800
Percentage of commissions accrued as a result of creation and redemption activity		8.73	%		10.08	%