Monthly UpdateJun 29, 2026, 08:22 AM
United States Oil Fund May Net Loss $270.1M; NAV $1.73B
AI Summary
United States Oil Fund, LP (USO) released its monthly account statement for May 2026, reporting a net loss of $270.1 million. The total income (loss) for the month was $(269.0) million, primarily driven by significant unrealized losses on commodity futures and swap contracts. Despite the losses, the Net Asset Value at month-end stood at $1.73 billion, or $128.02 per share.
Key Highlights
- Reported a net loss of $270,124,551 for the month ended May 31, 2026.
- Total income (loss) for the month was $(269,010,014).
- Experienced an unrealized loss on market value of commodity futures of $(304,244,780).
- Recorded an unrealized loss on fair value of swap contracts of $(43,658,055).
- Net Asset Value at the end of May 2026 was $1,731,312,535.
- Net Asset Value Per Share was $128.02 based on 13,523,603 shares.
- Realized trading gain on commodity futures was $65,583,974.
- Realized gain on swap contracts was $8,091,928.
Price Impact
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