EX-99.1 2 tv514109_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2019

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	14,128,042
Unrealized Gain (Loss) on Market Value of Futures			242,660,068
Dividend Income			567,873
Interest Income			2,707,379
ETF Transaction Fees			40,000
Total Income (Loss)		$	260,103,362
Expenses
General Partner Management Fees		$	632,439
Professional Fees			138,013
Brokerage Commissions			264,149
Non-interested Directors' Fees and Expenses			17,326
Prepaid Insurance Expense			11,076
NYMEX License Fee			21,081
SEC & FINRA Registration Expense			31,708
Total Expenses		$	1,115,792
Net Income (Loss)		$	258,987,570
Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 1/1/19		$	1,468,461,712
Additions (39,100,000 Shares)			422,675,145
Withdrawals (44,400,000 Shares)			(479,127,224	)
Net Income (Loss)			258,987,570
Net Asset Value End of Month		$	1,670,997,203
Net Asset Value Per Share (147,900,000 Shares)		$	11.30

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 January 31, 2019 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

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596