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ORGANIZATION AND BUSINESS (Details) |  |  | 9 Months Ended |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Apr. 28, 2020 $ / shares shares | Apr. 10, 2006 USD ($) $ / shares shares | Sep. 30, 2023 contract $ / shares $ / item shares | Jun. 30, 2023 $ / shares | Dec. 31, 2022 $ / shares | Sep. 30, 2022 $ / shares | Jun. 30, 2022 $ / shares | Dec. 31, 2021 $ / shares | Apr. 29, 2020 $ / shares shares | Apr. 30, 2006 shares
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |  |  |
Number of successive valuation days |  |  | 30 days |  |  |  |  |  |  |
Average daily percentage change in the price of the benchmark futures Contract considered |  |  | 10.00% |  |  |  |  |  |  |
Fee paid for each order placed to create one or more creation baskets | $ / item |  |  | 1,000 |  |  |  |  |  |  |
Conversion ratio | 0.125 |  |  |  |  |  |  |  |  |
Net asset value per unit | $ / shares |  | $ 67.39 | $ 80.75 | $ 63.64 | $ 70.05 | $ 65.15 | $ 80.21 | $ 54.18 |  |
Limited partners' capital account, number of units authorized |  |  |  |  |  |  |  |  |  | 17,000,000
Limited partners capital account units issued |  | 200,000 |  |  |  |  |  |  |  |
Value of units issued | $ |  | $ 13,479,000 |  |  |  |  |  |  |  |
Creation Baskets |  |  |  |  |  |  |  |  |  |
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |  |  |
Number of units in the basket |  |  | 100,000 |  |  |  |  |  |  |
Redemption Baskets |  |  |  |  |  |  |  |  |  |
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |  |  |
Number of units in the basket |  |  | 100,000 |  |  |  |  |  |  |
USO |  |  |  |  |  |  |  |  |  |
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |  |  |
Futures oil contracts held for light and sweet crude oil traded | contract |  |  | 13,709 |  |  |  |  |  |  |
Number of shares issued | 1,482,900,000 |  |  |  |  |  |  |  | 185,362,500 |
Number of shares outstanding | 1,482,900,000 |  |  |  |  |  |  |  | 185,362,500 |
Net asset value per unit | $ / shares | $ 2.04 |  |  |  |  |  |  |  | $ 16.35 |

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