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Condensed Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Gain (loss) on trading of commodity futures and swap contracts:    
Realized gain (loss) on closed commodity futures contracts $ (131,322,770) $ (483,293,936)
Realized gain (loss) on closed OTC commodity swap contracts 33,968,121 (31,523,321)
Change in unrealized gain (loss) on open commodity futures contracts (59,589,167) 62,259,521
Change in unrealized gain (loss) on open OTC commodity swap contracts (14,904,042) (2,004)
Dividend income 854,440 4,371,377
Interest income 8,919,252 4,479,991
ETF transaction fees 69,000 129,000
Total Income (Loss) (162,005,166) (443,579,372)
Expenses    
General Partner management fees (Note 3) 1,224,936 1,307,149
Professional fees 435,290 320,080
Brokerage commissions 809,389 808,749
Directors' fees and insurance 65,964 37,384
License fees 30,624 32,679
Total Expenses 2,566,203 2,506,041
Net Income (Loss) $ (164,571,369) $ (446,085,413)
Net Income (Loss) per limited partner share $ (5.62) $ (28.85) [1]
Net Income (Loss) per weighted average limited partner share $ (3.57) $ (17.22) [1]
Weighted average limited partner shares outstanding 46,105,456 25,906,147 [1]
[1] On January 23, 2024 there was a 1 - for - 4 reverse share split. The Statement of Operations have been adjusted for the periods shown to reflect the 1 - for - 4 reverse share split on a retroactive basis.