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Condensed Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Gain (loss) on trading of commodity futures and swap contracts:      
Realized gain (loss) on closed commodity futures contracts $ (63,502,154) $ 874,875,947 $ 1,911,763,583
Realized gain (loss) on closed OTC commodity swap contracts (24,349,916) (13,603,878) 0
Change in unrealized gain (loss) on open commodity futures contracts (19,134,006) (92,251,288) (287,006,734)
Change in unrealized gain (loss) on open OTC commodity swap contracts 2,239 (4,145) 0
Dividend income 18,703,141 17,656,102 431,883
Interest income 53,007,019 13,808,136 869,933
ETF transaction fees 374,000 231,000 169,000
Total Income (Loss) (34,899,677) 800,711,874 1,626,227,665
Expenses      
General Partner management fees (Note 3) 7,138,269 11,542,406 13,383,302
Professional fees 2,184,411 1,908,299 6,994,549
Brokerage commissions 860,102 807,322 1,123,971
Directors' fees and insurance 723,121 828,823 745,448
License fees 237,942 384,747 446,110
Registration fees 0 0 1,260,041
Total Expenses 11,143,845 15,471,597 23,953,421
Net Income (Loss) $ (46,043,522) $ 785,240,277 $ 1,602,274,244
Net Income (Loss) per limited partner share $ (3.14) $ 15.87 $ 21.11
Net Income (Loss) per weighted average limited partner share $ (2.01) $ 22.26 $ 24.54
Weighted average limited partner shares outstanding 22,963,603 35,283,055 65,289,630