CONTRACTS AND AGREEMENTS (Tables)

6 Months Ended

Jun. 30, 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 six months ‎ ended ‎ June 30, 2018			For the six months ‎ ended ‎ June 30, 2017
Total commissions accrued to brokers	$	1,346,629		$	2,526,521
Total commissions as annualized percentage of average total net assets		0.14	%		0.18	%
Commissions accrued as a result of rebalancing	$	1,151,426		$	2,238,003
Percentage of commissions accrued as a result of rebalancing		85.50	%		88.58	%
Commissions accrued as a result of creation and redemption activity	$	195,203		$	288,518
Percentage of commissions accrued as a result of creation and redemption activity		14.50	%		11.42	%