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Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Gain (loss) on trading of commodity futures and swap contracts:        
Realized gain (loss) on closed commodity futures contracts $ (55,298,793) $ 135,185,920 $ (538,592,729) $ 293,316,560
Realized gain (loss) on swap contracts (9,438,418)   (40,961,739)  
Change in unrealized gain (loss) on open commodity futures contracts 135,672,261 (188,960,130) 197,931,782 (136,245,613)
Change in unrealized gain (loss) on open OTC commodity swap contracts 29,569,017   29,567,013  
Dividend income 2,748,878 561,330 7,120,255 601,434
Interest income [1] 9,722,729 79,850 14,202,720 94,896
ETF transaction fees 81,000 60,000 210,000 109,000
Total Income (Loss) 113,056,674 (53,073,030) (330,522,698) 157,876,277
Expenses        
General Partner management fees 1,707,590 732,718 3,014,739 1,266,766
Professional fees 294,864 287,224 614,944 424,598
Brokerage commissions 783,668 163,658 1,592,417 368,046
Directors' fees and insurance 43,187 26,402 80,571 47,595
License fees 42,690 18,318 75,369 31,669
Total Expenses 2,871,999 1,228,320 5,378,040 2,138,674
Net Income (Loss) $ 110,184,675 $ (54,301,350) $ (335,900,738) $ 155,737,603
Net Income (Loss) per limited partner share $ 0.45 $ (1.24) $ (6.76) $ 6.06
Net Income (Loss) per weighted average limited partner share $ 0.65 $ (2.83) $ (2.46) $ 7.32
Weighted average limited partner shares outstanding 168,748,324 19,205,467 136,366,356 21,263,041
[1] *     Interest income does not exceed paid in kind of 5%.