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Contracts and Agreements (Tables)

9 Months Ended

Sep. 30, 2014

Contractors [Abstract]

Brokerage Commissions

USL also incurs commissions to brokers for the purchase and sale of Oil Futures Contracts, Other Oil-Related Investments or short-term obligations of the United States of two years or less (“Treasuries”).

		For the nine months ended				For the nine months ended
		September 30, 2014				September 30, 2013
Total commissions accrued to brokers		$	3,592			$	8,337
Commissions accrued as a result of rebalancing		$	2,908			$	3,825
Percentage of commissions accrued as a result of rebalancing			80.96	%			45.88	%
Commissions accrued as a result of creation and redemption activity		$	684			$	4,512
Percentage of commissions accrued as a result of creation and redemption activity			19.04	%			54.12	%

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- Definition

Tabular disclosure of fees earned by the broker commission.

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