EX-99.1 2 v462192_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended February 28, 2017  

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	620,970
Unrealized Gain (Loss) on Market Value of Futures			38,919,990
Dividend Income			269,294
Interest Income			894,345
ETF Transaction Fees			25,350
Total Income (Loss)		$	40,729,949
Expenses
General Partner Management Fees		$	999,388
Professional Fees			180,974
Brokerage Commissions			397,359
Non-interested Directors' Fees and Expenses			16,546
Prepaid Insurance Expense			12,725
NYMEX License Fee			33,313
SEC & FINRA Registration Expense			26,729
Total Expenses		$	1,667,034
Net Income (Loss)		$	39,062,915

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 2/1/17		$	2,869,872,360
Additions (21,200,000 Shares)			240,769,736
Withdrawals (28,100,000 Shares)			(323,197,120	)
Net Income (Loss)			39,062,915
Net Asset Value End of Month		$	2,826,507,891
Net Asset Value Per Share (246,700,000 Shares)		$	11.46

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 February 28, 2017 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