EX-99.1 2 tv521966_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Oil Fund, LP    
Monthly Account Statement    
For the Month Ended April 30, 2019    
     
Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $183,090,670 
Unrealized Gain (Loss) on Market Value of Futures   (88,111,290)
Dividend Income   409,685 
Interest Income   2,665,818 
ETF Transaction Fees   32,000 
Total Income (Loss)  $98,086,883 
      
Expenses     
General Partner Management Fees  $566,542 
Professional Fees   133,562 
Brokerage Commissions   190,925 
Non-interested Directors' Fees and Expenses   16,351 
NYMEX License Fee   18,885 
SEC & FINRA Registration Expense   49,497 
Total Expenses  $975,762 
Net Income (Loss)  $97,111,121 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 4/1/19  $1,553,694,836 
Additions (21,100,000 Shares)   279,861,803 
Withdrawals (27,500,000 Shares)   (362,680,345)
Net Income (Loss)   97,111,121 
      
Net Asset Value End of Month  $1,567,987,415 
Net Asset Value Per Share (117,900,000 Shares)  $13.30 

 

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 April 30, 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