Attached files
| file | filename |
|---|---|
| 8-K - 2010-1130 USOF FORM 8K - United States Oil Fund, LP | usof8k_2010-1130.htm |
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Exhibit 99.1
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United States Oil Fund, LP
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Monthly Account Statement
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For the Month Ended November 30, 2010
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Statement of Income (Loss)
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Income
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Realized Trading Gain (Loss)
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$ | 80,914,270 | |||
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Unrealized Gain (Loss) on Market Value of Futures
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(31,472,550 | ) | |||
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Dividend Income
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67,673 | ||||
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Interest Income
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5,280 | ||||
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ETF Transaction Fees
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20,000 | ||||
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Total Income (Loss)
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$ | 49,534,673 | |||
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Expenses
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Investment Advisory Fee
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$ | 679,693 | |||
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Brokerage Commissions
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150,300 | ||||
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NYMEX License Fee
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36,605 | ||||
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Prepaid Insurance
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15,063 | ||||
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Audit Fees
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13,151 | ||||
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Non-interested Directors' Fees and Expenses
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10,210 | ||||
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SEC & FINRA Registration Fees
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1,800 | ||||
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Total Expenses
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$ | 906,822 | |||
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Net Gain (Loss)
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$ | 48,627,851 | |||
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Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Period 11/1/10
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$ | 1,667,818,361 | |||
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Additions (10,100,000 Units)
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361,365,504 | ||||
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Withdrawals (6,100,000 Units)
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(223,282,921 | ) | |||
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Net Gain (Loss)
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48,627,851 | ||||
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Net Asset Value End of Period
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$ | 1,854,528,795 | |||
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Net Asset Value Per Unit (51,400,000 Units)
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$ | 36.08 | |||
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To the Limited Partners of United States Oil Fund, LP:
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Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that,
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to the best of his knowledge and belief, the information contained in the Account Statement for
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the month ended November 30, 2010 is accurate and complete.
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| /s/ Howard Mah | |||||
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Howard Mah
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Chief Financial Officer
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United States Commodity Funds LLC, General Partner of United States Oil Fund, LP
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United States Commodity Funds LLC
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1320 Harbor Bay Parkway
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Suite 145
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Alameda, CA 94502
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