XML 43 R27.htm IDEA: XBRL DOCUMENT v3.24.2.u1

CONTRACTS AND AGREEMENTS (Details)		6 Months Ended
	Oct. 01, 2022	Jun. 30, 2024 USD ($) $ / item	Jun. 30, 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 | $		$ 1,044,305,660	$ 1,396,911,507
Marketing Agreement | USOF's assets in excess of $4 billion
CONTRACTS AND AGREEMENTS
Percentage of total net asset	0.025%
Ratio of expense to average net assets		10.00%
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		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		8

X

- Definition

Nominal or face amount used to calculate payment on derivative.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1B

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A

+ Details

Name:	us-gaap_DerivativeNotionalAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 944
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479808/944-20-55-15

+ Details

Name:	us-gaap_LongDurationContractsAssumptionsByProductAndGuaranteeLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents the commissions per round-turn trade, including applicable exchange and NFA fees for oil futures contracts and options on oil futures contracts.

+ References

No definition available.

+ Details

Name:	uso_CommissionsPaid
Namespace Prefix:	uso_
Data Type:	srt-types:perUnitItemType
Balance Type:	na
Period Type:	duration

X

- Definition

It represents the flat fees percentage.

+ References

No definition available.

+ Details

Name:	uso_FlatFeesPaid
Namespace Prefix:	uso_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents the total net asset percentage.

+ References

No definition available.

+ Details

Name:	uso_PercentageOfTotalNetAsset
Namespace Prefix:	uso_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Ratio Of Expenses To Average Net Assets

+ References

No definition available.

+ Details

Name:	uso_RatioOfExpensesToAverageNetAssets
Namespace Prefix:	uso_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	srt_RangeAxis=srt_MinimumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_RangeAxis=srt_MaximumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=us-gaap_LongMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_TypeOfArrangementAxis=uso_MarketingAgreementMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=uso_GroupFiveMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_TypeOfArrangementAxis=uso_BrokerageAndFuturesCommissionMerchantAgreementsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: