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Condensed Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Gain (loss) on trading of commodity futures and swap contracts:        
Realized gain (loss) on closed commodity futures contracts $ 7,202,157 $ 80,320,250 $ (531,390,572) $ 373,636,810
Realized gain (loss) on swap contracts 2,076,722   (38,885,017)  
Change in unrealized gain (loss) on open commodity futures contracts (65,003,845) 32,996,099 132,927,937 (103,249,514)
Change in unrealized gain (loss) on open OTC commodity swap contracts (36,595,600)   (7,028,587)  
Dividend income 2,717,307 1,677,410 9,837,562 2,278,844
Interest income [1] 10,527,836 906,022 24,730,556 1,000,918
ETF transaction fees 82,000 45,000 292,000 154,000
Total Income (Loss) (78,993,423) 115,944,781 (409,516,121) 273,821,058
Expenses        
General Partner management fees 1,688,916 807,940 4,703,655 2,074,706
Professional fees 282,358 425,976 897,302 850,574
Brokerage commissions 582,817 155,282 2,175,234 523,328
Directors' fees and insurance 53,918 29,583 134,489 77,178
License fees 42,222 20,199 117,591 51,868
Total Expenses 2,650,231 1,438,980 8,028,271 3,577,654
Net Income (Loss) $ (81,643,654) $ 114,505,801 $ (417,544,392) $ 270,243,404
Net Income (Loss) per limited partner share $ (0.65) $ 4.83 $ (7.41) $ 10.89
Net Income (Loss) per weighted average limited partner share $ (0.51) $ 5.78 $ (2.89) $ 13.01
Weighted average limited partner shares outstanding 160,160,675 19,800,892 144,384,954 20,770,302
[1] *Interest income does not exceed paid in kind of 5%.