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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Gain (loss) on trading of commodity futures and swap contracts:      
Realized gain (loss) on closed commodity futures contracts $ 121,123,950 $ (63,502,154) $ 874,875,947
Realized gain (loss) on closed OTC commodity swap contracts 22,162,096 (24,349,916) (13,603,878)
Change in unrealized gain (loss) on open commodity futures contracts 25,379,090 (19,134,006) (92,251,288)
Change in unrealized gain (loss) on open OTC commodity swap contracts (162) 2,239 (4,145)
Dividend income 22,216,952 18,703,141 17,656,102
Interest income 40,648,336 53,007,019 13,808,136
ETF transaction fees 386,000 374,000 231,000
Total Income (Loss) 231,916,262 (34,899,677) 800,711,874
Expenses      
General Partner management fees (Note 3) 5,922,838 7,138,269 11,542,406
Professional fees 2,723,054 2,184,411 1,908,299
Brokerage commissions 1,528,286 860,102 807,322
Directors' fees and insurance 426,465 723,121 828,823
License fees 197,428 237,942 384,747
Total Expenses 10,798,071 11,143,845 15,471,597
Net Income (Loss) $ 221,118,191 $ (46,043,522) $ 785,240,277
Net Income (Loss) per limited partner share $ 8.54 $ (3.14) $ 15.87
Net Income (Loss) per weighted average limited partner share $ 12.47 $ (2.01) $ 22.26
Weighted average limited partner shares outstanding 17,729,341 22,963,603 35,283,055