EX-99.1 2 v475438_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended August 31, 2017  

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	208,461,320
Unrealized Gain (Loss) on Market Value of Futures			(364,835,430	)
Dividend Income			348,981
Interest Income			1,889,786
ETF Transaction Fees			34,000
Total Income (Loss)		$	(154,101,343	)
Expenses
General Partner Management Fees		$	954,621
Professional Fees			23,513
Brokerage Commissions			380,261
Non-interested Directors' Fees and Expenses			18,131
Prepaid Insurance Expense			12,328
NYMEX License Fee			31,821
SEC & FINRA Registration Expense			29,592
Total Expenses		$	1,450,267
Net Income (Loss)		$	(155,551,610	)

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 8/1/17		$	2,590,051,383
Additions (44,100,000 Shares)			431,437,655
Withdrawals (29,700,000 Shares)			(296,045,650	)
Net Income (Loss)			(155,551,610	)
Net Asset Value End of Month		$	2,569,891,778
Net Asset Value Per Share (266,500,000 Shares)		$	9.64

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 August 31, 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