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CONTRACTS AND AGREEMENTS (Details) |  |  | 3 Months Ended |
--- | --- | --- | --- | ---
Oct. 01, 2022 | Sep. 30, 2022 USD ($) | Mar. 31, 2024 USD ($) $ / item | Mar. 31, 2023 USD ($)
Minimum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Flat fee |  |  | 0.20% |
Maximum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Flat fee |  |  | 0.30% |
Open future |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Monthly average volume |  |  | $ 1,099,028,412 | $ 1,422,127,536
Marketing Agreement |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Marketing fee exclusive of the incentive fee |  | $ 425,000 |  |
Marketing Agreement | USOF's assets from $0- $500 million |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Fee percentage |  | 0.00% |  |
Marketing Agreement | USOF's assets from $0- $500 million | Minimum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Base amount for determining fee percentage |  | $ 0 |  |
Marketing Agreement | USOF's assets from $0- $500 million | Maximum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Base amount for determining fee percentage |  | $ 500,000,000 |  |
Marketing Agreement | USOF's assets from $500 million - $4 billion |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Fee percentage |  | 0.04% |  |
Marketing Agreement | USOF's assets from $500 million - $4 billion | Minimum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Base amount for determining fee percentage |  | $ 500,000,000 |  |
Marketing Agreement | USOF's assets from $500 million - $4 billion | Maximum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Base amount for determining fee percentage |  | $ 4,000,000,000 |  |
Marketing Agreement | USOF's assets in excess of $4 billion |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Fee percentage |  | 0.03% |  |
Percentage of total net asset | 0.025% |  |  |
Ratio of expense to average net assets |  |  | 10.00% |
Marketing Agreement | USOF's assets in excess of $4 billion | Minimum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Base amount for determining fee percentage |  | $ 4,000,000,000 |  |
Brokerage and Futures Commission Merchant Agreements | Minimum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Commissions per round-turn trade, including applicable exchange and NFA fees for oil futures contracts and options on oil futures contracts | $ / item |  |  | 7 |
Brokerage and Futures Commission Merchant Agreements | Maximum |  |  |  |
CONTRACTS AND AGREEMENTS |  |  |  |
Commissions per round-turn trade, including applicable exchange and NFA fees for oil futures contracts and options on oil futures contracts | $ / item |  |  | 8 |

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