<SEC-DOCUMENT>0001171200-20-000330.txt : 20200430
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<ACCEPTANCE-DATETIME>20200430170651
ACCESSION NUMBER:		0001171200-20-000330
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20200430
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20200430
DATE AS OF CHANGE:		20200430

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			United States Oil Fund, LP
		CENTRAL INDEX KEY:			0001327068
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				202830691
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32834
		FILM NUMBER:		20836633

	BUSINESS ADDRESS:	
		STREET 1:		1850 MT. DIABLO BLVD.
		STREET 2:		SUITE 640
		CITY:			WALNUT CREEK
		STATE:			CA
		ZIP:			94596
		BUSINESS PHONE:		510-522-9600

	MAIL ADDRESS:	
		STREET 1:		1850 MT. DIABLO BLVD.
		STREET 2:		SUITE 640
		CITY:			WALNUT CREEK
		STATE:			CA
		ZIP:			94596

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	New York Oil ETF, LP
		DATE OF NAME CHANGE:	20050513
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<p style="margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Washington, DC 20549</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>FORM <span id="xdx_90C_edei--DocumentType_c20200430__20200430_zu9Cc9Drl482"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>CURRENT REPORT</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of earliest event reported):
<b><span id="xdx_90A_edei--DocumentPeriodEndDate_c20200430__20200430_zndNzrPZR6Dh"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">April 30, 2020</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><br />&#160;</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><span id="xdx_90C_edei--EntityRegistrantName_c20200430__20200430_z2BeqiXTVQcl"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:EntityRegistrantName">UNITED STATES OIL FUND, LP</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)<br />
<br />
</p>

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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">(Commission File Number)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif">(I.R.S. Employer Identification No.)</span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><b><span id="xdx_90B_edei--EntityAddressAddressLine1_c20200430__20200430_zercvZaFrMq5"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:EntityAddressAddressLine1">1850 Mt. Diablo Boulevard</ix:nonNumeric></span>, <span id="xdx_90A_edei--EntityAddressAddressLine2_c20200430__20200430_zhnVBjrxHPwi"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:EntityAddressAddressLine2">Suite 640</ix:nonNumeric></span></b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><b><span id="xdx_907_edei--EntityAddressCityOrTown_c20200430__20200430_zS628wfapnTf"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:EntityAddressCityOrTown">Walnut
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices) <span style="font: 10pt Times New Roman, Times, Serif">(Zip
Code)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><span id="xdx_908_edei--CityAreaCode_c20200430__20200430_zMtnT0IE63kc"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:CityAreaCode">(510)</ix:nonNumeric></span> <span id="xdx_902_edei--LocalPhoneNumber_c20200430__20200430_zYATyoicxUE4"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:LocalPhoneNumber">522-9600</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Registrant&#8217;s telephone number, including area
code</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><span id="xdx_905_edei--EntityInformationFormerLegalOrRegisteredName_c20200430__20200430_zACAW9mRhGji"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:EntityInformationFormerLegalOrRegisteredName">Not Applicable</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Former name or former address, if changed since
last report)<br />
<br />
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(<span style="text-decoration: underline">see</span> General Instruction A.2. below):</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span id="xdx_906_edei--WrittenCommunications_c20200430__20200430_zttihnaaSLif"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" format="ixt-sec:boolballotbox" name="dei:WrittenCommunications">&#9744;</ix:nonNumeric></span> <span style="font-family: Times New Roman, Times, Serif">Written
communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span id="xdx_90A_edei--SolicitingMaterial_c20200430__20200430_zsEVUZ4zQ2p1"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" format="ixt-sec:boolballotbox" name="dei:SolicitingMaterial">&#9744;</ix:nonNumeric></span>  <span style="font-family: Times New Roman, Times, Serif">Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span id="xdx_90F_edei--PreCommencementTenderOffer_c20200430__20200430_zM5Cy3bMcuH5"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" format="ixt-sec:boolballotbox" name="dei:PreCommencementTenderOffer">&#9744;</ix:nonNumeric></span>  <span style="font-family: Times New Roman, Times, Serif">Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span id="xdx_90E_edei--PreCommencementIssuerTenderOffer_c20200430__20200430_zetOLqw2HY97"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" format="ixt-sec:boolballotbox" name="dei:PreCommencementIssuerTenderOffer">&#9744;</ix:nonNumeric></span>  <span style="font-family: Times New Roman, Times, Serif">Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><span style="font-family: Times New Roman, Times, Serif">Emerging
growth company </span><span id="xdx_90C_edei--EntityEmergingGrowthCompany_c20200430__20200430_zw6pPgp3Myl8"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany">&#9744;</ix:nonNumeric></span><span style="font-family: Times New Roman, Times, Serif"><br />
<br />
</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </span>&#9744;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Securities registered pursuant to Section
12(b) of the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
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    <td style="width: 1%; text-align: center">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 28%; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>Trading Symbol(s)</b></span></td>
    <td style="width: 1%; text-align: center">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 33%; text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><b>Name of each exchange on which registered:</b></span></td></tr>
<tr style="vertical-align: top">
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    <td style="text-align: center">&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><span id="xdx_902_edei--TradingSymbol_c20200430__20200430_zSQB32Us9Btf"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" name="dei:TradingSymbol">USO</ix:nonNumeric></span></span></td>
    <td style="text-align: center">&#160;</td>
    <td style="text-align: center"><span style="font: 9pt Times New Roman, Times, Serif"><span id="xdx_90B_edei--SecurityExchangeName_c20200430__20200430_zNxELJRnT2U2"><ix:nonNumeric contextRef="From2020-04-30to2020-04-30" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">NYSE Arca, Inc.</ix:nonNumeric></span></span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: bold 10pt/normal Times New Roman, Times, Serif; margin: 0 0 10pt"></p>

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<p style="font: bold 10pt/normal Times New Roman, Times, Serif; margin: 0 0 10pt">Item 8.01. Other Events.</p>

<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0"></p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">United States Oil Fund, LP (&#8220;USO&#8221;),
a Delaware limited partnership, announced previously in its Form 8-K filed April 27, 2020 (the &#8220;April 27 Form 8-K&#8221;),
that USO intended to invest in other permitted investments beyond the Benchmark Oil Futures Contract, as described below and in
its prospectus, and described the particular investments and percentages of such investments in which USO intended to invest. In
the April 27 Form 8-K, USO also announced that due to regulatory requirements, current market conditions and risk mitigation measures
imposed by USO&#8217;s futures commission merchant (&#8220;FCM&#8221;) as described below, United States Commodity Funds, LLC (&#8220;USCF&#8221;),
the general partner of USO, has determined that commencing with the monthly roll occurring in May 2020, USO&#8217;s positions in
Oil Futures Contracts and Other Oil Related Investments will roll over a ten-day period commencing on May 1, 2020. This Form 8-K
updates USO&#8217;s previously announced intention with respect to the particular permitted investments and percentages of such
investments in which USO intends to invest. This Form 8-K also announces that, commencing on April 30, 2020, USO will provide the
target percentages for its portfolio holdings during the ten-day roll period and going forward on its website at <i>www.uscfinvestments.com</i>.
In addition, USO&#8217;s portfolio holdings as of the end of the prior business day are posted each day on that website. Capitalized
terms that are used but not defined in this Form 8-K have the meaning given to them in USO&#8217;s prospectus.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>Update to Investment Intentions.
</b> <span style="color: #212529; background-color: white">Most recently, and as discussed in the April 27 Form 8-K, USO announced
that commencing on April 27, 2020 and through April 30, 2020, </span>for the reasons set forth in the April 27 Form 8-K and, in
particular because of evolving market conditions, regulator accountability levels and position limits being imposed on USO with
respect to the Oil Futures Contracts, and risk mitigation measures taken by its FCM with respect to USO acquiring additional Oil
Futures contracts, USO previously determined that it would invest in Oil Futures Contracts as follows: approximately 30% of its portfolio
in crude oil futures contracts on the New York Mercantile Exchange (the "NYMEX") and ICE Futures Europe and ICE Futures U.S. (together,
&#8220;ICE Futures&#8221;) in the July contract, approximately 15% of its portfolio in crude oil futures contracts on the NYMEX
and ICE Futures in the August contract, and approximately 15% of its portfolio in crude oil futures contracts on the NYMEX and
ICE Futures in the September contract, and approximately 15% of its portfolio in crude oil futures contracts on the NYMEX and
ICE Futures in the October contract, and approximately 15% of its portfolio in crude oil futures contracts on the NYMEX and ICE
Futures in the December contract, and approximately 10% of its portfolio in crude oil futures contracts on the NYMEX and ICE Futures
in the June 2021 contract. USO also stated in the April 27 Form 8-K that it would roll the current portfolio positions into the
positions described above over a three-day period with approximately 33.3% of the investment changes taking place on April 27,
2020, 33.3% of the investment changes taking place on April 28, 2020 and 33.3% of the investment changes taking place on April
29, 2020, which it did.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Commencing on April 30, 2020, USO will publish on its website, as described below, its investment intentions with respect
to the type and percentages of permitted investments that it will hold at the end of the ten-day roll period as well as going forward, including for any rebalances.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">As previously disclosed, various factors
including, but not limited to, <span style="color: #212529; background-color: white">evolving market conditions, </span>changes
to regulatory requirements imposed on USO with respect to its investment in the Benchmark Oil Futures Contract or other Oil Futures
Contracts, and risk mitigation measures imposed by FCMs on USO and other market participants, have severely limited USO&#8217;s
ability to invest in the Benchmark Oil Futures Contract and certain of the other investments in which USO traditionally would have
invested in a substantial portion of its portfolio. Moreover, because such factors have continued to evolve, USO has had to invest
in other permitted investments instead of investing primarily in the Benchmark Oil Futures Contract and the cash-settled, but substantially
similar, oil futures contract traded on ICE Futures (the &#8220;ICE WTI Contract&#8221;), but also has had to more frequently change
the holdings in its portfolio than it has in the past. The foregoing factors have changed USO&#8217;s portfolio holdings and have
resulted in significant deviations from USO&#8217;s intended investment objective which is for the daily percentage changes in
the net asset value (&#8220;NAV&#8221;) per share to reflect the daily percentage changes of the spot price of light, sweet crude
oil, as measured by the daily percentage changes in the price of Benchmark Oil Futures Contract, plus interest earned on USO&#8217;s
collateral holdings, less USO&#8217;s expenses.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in">At this time, it is likely that
the factors limiting USO&#8217;s investments in the Benchmark Oil Futures Contract will continue, including as a result of the
COVID-19 pandemic and the state of the oil markets, and that USO&#8217;s need to invest in other permitted investments will continue.
As described in USO&#8217;s prospectus, USO, in addition to investing in the Benchmark Oil Futures Contract, may also seek to achieve
its investment objective by investing primarily in other futures contracts for light, sweet crude oil, other types of crude oil,
diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels that are traded on the NYMEX, ICE Futures or other U.S.
and foreign exchanges (collectively, with the Benchmark Oil Futures Contract, &#8220;Oil Futures Contracts&#8221;) and to a lesser
extent, in order to comply with regulatory requirements or in view of market conditions, other oil-related investments such as
cash-settled options on Oil Futures Contracts, forward contracts for oil, cleared swap contracts and non-exchange traded (&#8220;over-the-counter&#8221;
or &#8220;OTC&#8221;) transactions that are based on the price of oil, other petroleum-based fuels, Oil Futures Contracts and indices
based on the foregoing (collectively, &#8220;Other Oil-Related Investments&#8221;).</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in"></p>

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<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in">USO is providing notice in
this Form 8-K that: (1) it will disclose changes to its investment intentions with respect to the type and percentage of
investments in USO&#8217;s portfolio on its website, and (2) the parameters for making decisions regarding the permitted
investments it will hold, including the intended order of priority in selecting investments, including USO&#8217;s intentions
with respect to the type of investments to be held in its portfolio. The type and percentages of investments to be held by
USO at the end of the ten-day roll period as well as going forward, including for any rebalances, will be published on its
website. Accordingly, commencing on May 1, 2020 and for the foreseeable future, to address and comply with the market
conditions, regulatory requirements and other factors that have influenced, and will continue to influence, its investment
decisions, USO intends to buy or sell the following permitted investments taking into account the order set forth below when
USO increases or decreases either its portfolio overall or its holdings of particular investments:</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">1.</span></td><td><span style="font-size: 10pt">The
current or front month (&#8220;first month&#8221;) Oil Futures Contracts based on the price of the <span style="background-color: white">light,
sweet crude oil&#160;known as West Texas Intermediate (&#8220;WTI) or, which are priced off of the oil futures contracts based
on </span>WTI as traded on the NYMEX <span style="background-color: white">including t</span>he Benchmark Oil Futures Contracts
and the ICE WTI Contract (&#8220;WTI Oil Futures Contracts&#8221;); then</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">2.</span></td><td><span style="font-size: 10pt">The first month, the next or following month (&#8220;second month&#8221;, with months thereafter
being numerically designated, i.e., the third month, the fourth month, the fifth month, etc.) and the third month WTI Oil Futures
Contracts; then</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">3.</span></td><td><span style="font-size: 10pt">The first through the fifth month WTI Oil Futures Contracts, plus the next nearest June WTI
Oil Futures Contracts, plus the next nearest December WTI Oil Futures Contracts; then</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">4.</span></td><td><span style="font-size: 10pt">The first through the twelfth month WTI Oil Futures Contracts; then</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">5.</span></td><td><span style="font-size: 10pt">The first through the twelfth month WTI Oil Futures Contracts plus the second through thirteenth
month Oil Futures Contracts based on Brent Crude Oil traded on ICE Futures (&#8220;Brent Oil Futures Contracts&#8221;); then</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">6.</span></td><td><span style="font-size: 10pt">The first through the twelfth month WTI Oil Futures Contracts Months plus the second through
thirteenth month Brent Oil Futures Contracts plus the first through the twelfth month Oil Futures Contracts based on Ultra Low
Sulfur Diesel Oil Futures Contract traded on NYMEX (&#8220;USDL Oil Futures Contract&#8221;); then</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">7.</span></td><td><span style="font-size: 10pt">The first through the twelfth month WTI Oil Futures Contracts plus the second through thirteenth
month Brent Oil Futures Contracts plus the first through the twelfth month USDL Oil Futures Contracts plus the first through
the twelfth month RBOB Gasoline Oil Futures Contracts (&#8220;Gasoline Futures Contract&#8221;); then</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">8.</span></td><td><span style="font-size: 10pt">USO may also utilize the Oil Futures Contracts based on WTI, WTI Oil Futures Contacts or other
types of crude oil traded on the Dubai, Singapore, and Houston exchanges, if and when these contracts reach sufficient scale and
liquidity to meaningfully contribute to USO&#8217;s investment objective, in addition to the foregoing investments; then, finally,</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-size: 10pt">9.</span></td><td><span style="font-size: 10pt">Other Oil-Related Investments, in addition to the foregoing investments.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If USO uses over-the counter (&#8220;OTC&#8221;)
swaps or other instruments, those OTC swaps or instruments would also provide exposure to one or more of the same above-described
permitted investments in varying months or contracts.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The progression from one stage of
permitted investments described in the above waterfall to the next stage, including the specific target weights for the
particular portfolio investments to be held by USO, will take into account, to the extent applicable, the relative levels of
open interest, position limits, and other factors. The specific permitted investments and the identified target weights for
such investments, consistent with progression from one stage of the above described waterfall to the next stage, will be
published on the website at <i>www.uscfinvestments.com</i> the day before the start of (i) any monthly
roll/rebalance period for the end of such roll/reblance period, and (ii) any rebalancing to be done outside of the monthly
roll period due to market conditions, regulatory requirements and other factors described herein. In extreme circumstances,
changes may need to be made intraday. In such circumstances, the changes will be published on the website at the end of the
day. USO will attempt to execute rebalances required over several days to minimize market impact. However, it may be
necessary to execute these risk measures rapidly and with minimal notice. Published portfolio changes will be implemented by
USO over the course of the roll/rebalance period as indicated on the website or over the course of another day or period with
respect to a particular change outside of the roll.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">USO will progress through the stages of
the above describe waterfall of permitted investments as it approaches regulatory or other limits or as necessary to address
market conditions, or other factors, including additional investments in USO, requiring consideration of particular levels of
the waterfall. Generally, USO will invest in each stage of the waterfall in the order described above. However, USO, in its
sole discretion, may proceed to invest in a further stage of the waterfall (i.e., skipping over a particular stage) if it
determines it may exceed position limits in the immediately following stage of the above waterfall within the next month.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; color: #212529">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><span style="color: #212529; background-color: white">The
investment intention announced in this Form 8-K could change as a result of any or all of the following: evolving market
conditions, </span>a change in regulator accountability levels and position limits imposed on USO with respect to its
investment in Oil Futures Contracts, additional or different risk mitigation measures taken by market participants,
generally, including USO, with respect to USO acquiring additional Oil Futures contracts, or USO <span style="color: #212529; background-color: white">selling
additional Creation Baskets in the event that the Registration Statement that USO filed with the Securities and Exchange
Commission (&#8220;SEC&#8221;), as described below, is declared effective by the SEC</span>. USO&#8217;s ability to invest in
the Benchmark Oil Futures Contract could be limited by any of these occurrences. In addition, while determining the
appropriate investments for USO&#8217;s portfolio in accordance with its current intention, or to address the foregoing
changes in market conditions, regulatory requirements or risk mitigation measures, USO may need to hold significant portions
of its portfolio in cash beyond what it has historically held in order to satisfy potential margin requirements.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">USO has not and does not intend to
leverage its assets and makes its investments accordingly. Consistent with the foregoing, USO&#8217;s announced investment
intentions, and any changes thereto, will take into account the need for USO to make permitted investments that also allow it
to maintain adequate liquidity to meet its margin and collateral requirements and to avoid, to the extent reasonably
possible, USO becoming leveraged. If market conditions require it, these risk reduction procedures may occur on short notice
if they occur other than during a roll or rebalance period.</p>

<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">USO intends to continue to pursue its
investment objective as described in its prospectus. However, in the current market and regulatory environment, significant
tracking deviations can be anticipated to occur above and beyond the differences that historically occurred when USO&#8217;s
primary investment was the Benchmark Oil Futures Contract and light, sweet crude oil futures contracts of the same month
traded on ICE Futures. In addition, the types of permitted investments in which USO currently can invest to achieve its
investment objective are limited as a result of regulatory requirements and risk mitigation measures taken by market
participants, generally, including USO, and include later months in Oil Futures Contracts than the tenor of the Benchmark Oil
Futures Contract are and will likely to continue to experience greater effects from contango. While it is USO&#8217;s
expectation that at some point in the future it will be able to return to primarily investing in the Benchmark Futures
Contract or other similar futures contracts of the same tenor based on light, sweet crude oil, there can be no guarantee of
when, if ever, that will occur. As a result, investors in USO should expect USO will continue to invest in other permitted
investments and that there will be continued deviations between the performance of USO&#8217;s investments and the Benchmark
Oil Futures Contract, and that USO may not be able to track the Benchmark Oil Futures Contract or meet its investment
objective, stated above. The inability to closely track the Benchmark Oil Futures Contract, the changes in its portfolio of
investments and the impact of higher levels of contango, will impact the performance of USO and the value of its shares.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in">Certain circumstances, including
the need to comply with regulatory requirements (including, but not limited to, exchange accountability and position limits) and
market conditions (including but not limited to those allowing USO to obtain greater liquidity or to execute transactions with
more favorable pricing) as well as risk mitigation measures taken by market participants, generally, including USO, could, and have,
caused USO to invest in Oil Futures Contracts other than the Benchmark Oil Futures Contract. Currently, in the context of the COVID-19
pandemic and disputes among oil producing countries regarding potential limits on the production of crude oil, significant market
volatility occurred in the oil futures markets. In addition, the exchange where the Benchmark Oil Futures contract is traded became
concerned about positions that USO had acquired in that contract and imposed limits on USO&#8217;s holding of that contract, as
well as subsequent months of that contract.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><b>Revisions to the Roll Process</b>. USO,
historically, has rolled its positions in Oil Futures Contracts in the current or front month (referred to herein as the first
month) prior to the end of the month to avoid such contracts&#8217; expiration and having to take delivery of the underlying commodity.
This roll process was done over a four-day period which was published by USO on its website. USO will continue this monthly roll
process with respect to its portfolio holdings, notwithstanding that its investments are no longer concentrated in the first month
contract. USO will continue to roll its portfolio to: (1) roll out of any first month contracts, (2) rebalance its portfolio in
a manner that allows it to meet market conditions, regulatory requirements and other factors described herein, and (3) structure
its investments within the foregoing limits in a way that allows USO to best pursue its stated investment objective. USO will extend
the monthly roll/rebalancing period from a four-day period to a ten-day period due to the size and diversification of its portfolio
holdings and to address regulatory concerns.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">During the ten-day roll period, or a rebalance
period, USO will close certain existing positions, e.g., when it changes the Benchmark Oil Futures Contracts, and sells contracts
that will expire at the end of the month or when it sells Oil Futures Contracts to address the market conditions, regulatory requirements
and other factors discussed herein, and reinvests the proceeds in new Oil Futures Contracts or Other Oil-Related Investments in
a manner that is consistent with its stated investment intentions concerning the type and percentages of the investments in its
portfolio, including the waterfall permitted investments as described above.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></p>

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<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">USO has determined that commencing
with the monthly roll occurring in May 2020 and for each month going forward, USO&#8217;s positions in Oil Futures Contracts
and Other Oil Related Investments will roll over a ten-day period. The May roll will begin on May 1, 2020 and, thereafter,
USO will roll its positions during the first 10 trading days of each subsequent month. The anticipated dates that the monthly roll period will commence are published on USO&#8217;s website at <i>www.uscfinvestments.com</i>
and are subject to change without notice.</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Typically, on each day during the ten-day
roll period, USO intends to rebalance approximately 1/10<sup>th</sup> of the announced percentage of the notional value of its nearest month instrument and other specified instruments (which could be
100% of such notional value of such interests) and reinvest the proceeds in the remaining current portfolio holdings as well
as any new specified portfolio holdings in the waterfall of permitted
investments described above. In addition, USO may need to adjust the roll/rebalance may change in light of market conditions, regulatory requirements or
other factors that impact the ability of USO to make its investments and achievement its investment objectives.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0.25in 0 0; background-color: white"><b>Forward-Looking Statements</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; background-color: white">This communication contains forward-looking
statements within the meaning of Section&#160;27A of the Securities Act of 1933 and Section&#160;21E of the Securities Exchange
Act of 1934 that are subject to risks and uncertainties, including, without limitation, statements regarding USO&#8217;s expectations.
Statements containing words such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221;
&#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;project,&#8221; &#8220;should,&#8221; &#8220;estimate,&#8221; &#8220;seek&#8221;
or any negative or other variations on such expression constitute forward-looking statements. These forward-looking statements
are based on information currently available to USO and are subject to a number of risks, uncertainties and other factors, both
known and unknown, that could cause the actual results, performance, prospects or opportunities of USO to differ materially from
those expressed in, or implied by, these forward-looking statements.</p>



<p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0">&#160;</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>SIGNATURES </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td colspan="2">UNITED STATES OIL FUND, LP</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td style="width: 50%">&#160;</td>
    <td style="width: 0.25in">By:</td>
    <td style="white-space: nowrap">United States Commodity Funds LLC, its general partner</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>Date: April 30, 2020</td>
    <td>By:</td>
    <td style="border-bottom: Black 1pt solid">/s/ John P. Love</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td>Name:&#160;&#160;</td>
    <td>John P. Love</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td>Title:</td>
    <td>President and CEO</td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

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<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>4
<FILENAME>uso-20200430_pre.xml
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<FILENAME>0001171200-20-000330-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Apr. 30, 2020</div></th>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
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<td class="text">false<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Apr. 30,  2020<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-32834<span></span>
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<td class="text">0001327068<span></span>
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<td class="text">20-2830691<span></span>
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<td class="text">1850 Mt. Diablo Boulevard<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
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<td class="text">Walnut
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<td class="text">false<span></span>
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<td class="text">Shares of United States Oil Fund, LP<span></span>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInformationFormerLegalOrRegisteredName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Former Legal or Registered Name of an entity</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInformationFormerLegalOrRegisteredName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
