CONTRACTS AND AGREEMENTS (Tables)

3 Months Ended

Mar. 31, 2018

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, 2018			For the three months ended March 31, 2017
Total commissions accrued to brokers	$	694,480		$	1,161,407
Total commissions as annualized percentage of average total net assets		0.14	%		0.16	%
Commissions accrued as a result of rebalancing	$	575,146		$	1,060,043
Percentage of commissions accrued as a result of rebalancing		82.82	%		91.27	%
Commissions accrued as a result of creation and redemption activity	$	119,334		$	101,364
Percentage of commissions accrued as a result of creation and redemption activity		17.18	%		8.73	%