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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Gain (loss) on trading of commodity futures contracts:      
Realized gain (loss) on closed commodity futures contracts $ 5,488,970 $ 79,019,530 $ 150,117,880
Change in unrealized gain (loss) on open commodity futures contracts (16,427,730) 2,763,860 10,285,810
Dividend income 4,877,534 1,727,518 47,073
Interest income 3,706,552 1,678,149 60,831
ETF transaction fees 29,750 26,950 28,350
Total Income (Loss) (2,324,924) 85,216,007 160,539,944
Expenses      
General Partner management fees (Note 3) 1,408,752 1,977,435 2,259,549
Professional fees 132,195 239,277 411,680
Brokerage commissions 145,599 181,930 277,795
Directors' fees and insurance 80,249 82,611 74,951
License fees 0 6,375 0
Registration fees 0 157,620 259,150
Total Expenses 1,766,795 2,645,248 3,283,125
Expense waiver (Note 4)     (202,151)
Net Expenses 1,766,795 2,645,248 3,080,974
Net Income (Loss) $ (4,091,719) $ 82,570,759 $ 157,458,970
Net Income (Loss) per limited partner share $ (0.87) $ 7.39 $ 7.96
Net Income (Loss) per weighted average limited partner share $ (0.60) $ 9.19 $ 9.23
Weighted average limited partner shares outstanding 6,772,877 8,988,493 17,067,945