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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Gain (loss) on trading of commodity futures contracts:    
Realized gain (loss) on closed futures contracts $ (66,688,930) $ 13,230,840
Change in unrealized gain (loss) on open futures contracts (12,321,580) 6,341,280
Dividend income 70,258 148,251
Interest income [1] 227,012 372,893
ETF transaction fees 14,700 2,450
Total income (loss) (78,698,540) 20,095,714
Expenses    
General Partner management fees (Note 3) 153,554 166,045
Professional fees 36,026 8,630
Brokerage commissions 46,679 26,284
Directors' fees and insurance 5,147 4,299
Total expenses 241,406 205,258
Expense waiver (Note 3) (56,591) (6,004)
Net expenses 184,815 199,254
Net income (loss) $ (78,883,355) $ 19,896,460
Net income (loss) per limited partnership share $ (12.94) $ 4.04
Net income (loss) per weighted average limited partnership share $ (13.99) $ 3.99
Weighted average limited partnership shares outstanding 5,637,363 4,987,222
[1] Interest income does not exceed paid in kind of 5%.