EX-99.1 2 tv516237_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended February 28, 2019

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	26,940,650
Unrealized Gain (Loss) on Market Value of Futures			62,608,200
Dividend Income			633,517
Interest Income			2,430,946
ETF Transaction Fees			15,000
Total Income (Loss)		$	92,628,313
Expenses
General Partner Management Fees		$	572,178
Professional Fees			124,656
Brokerage Commissions			226,977
Non-interested Directors' Fees and Expenses			15,367
Prepaid Insurance Expense			10,004
NYMEX License Fee			19,073
SEC & FINRA Registration Expense			45,031
Total Expenses		$	1,013,286
Net Income (Loss)		$	91,615,027

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 2/1/19		$	1,670,997,203
Additions (8,200,000 Shares)			96,048,072
Withdrawals (20,600,000 Shares)			(239,063,216	)
Net Income (Loss)			91,615,027
Net Asset Value End of Month		$	1,619,597,086
Net Asset Value Per Share (135,500,000 Shares)		$	11.95

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, 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