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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ 135,185,920 $ 55,364,120 $ 293,316,560 $ 64,321,100
Change in unrealized gain (loss) on open commodity futures contracts (188,960,130) 21,242,772 (136,245,613) 42,023,861
Dividend income 561,330 11,714 601,434 19,884
Interest income* [1] 79,850 5,409 94,896 27,268
ETF transaction fees 60,000 11,000 109,000 51,000
Total Income (Loss) (53,073,030) 76,635,015 157,876,277 106,443,113
Expenses        
General Partner management fees (Note 3) 732,718 389,286 1,266,766 910,264
Professional fees 287,224 290,024 424,598 415,098
Brokerage commissions 163,658 178,268 368,046 436,130
Directors' fees and insurance 26,402 19,092 47,595 37,983
License fees 18,318 9,733 31,669 22,757
Registration fees 0 22,290 0 103,290
Total Expenses 1,228,320 908,693 2,138,674 1,925,522
Net Income (Loss) $ (54,301,350) $ 75,726,322 $ 155,737,603 $ 104,517,591
Net Income (Loss) per limited partner share $ (1.24) $ 3.14 $ 6.06 $ 3.55
Net Income (Loss) per weighted average limited partner share $ (2.83) $ 3.08 $ 7.32 $ 3.51
Weighted average limited partner shares outstanding 19,205,467 24,564,588 21,263,041 29,798,400
Interest income     5.00%  
[1] *     Interest income does not exceed paid in kind of 5%.