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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