Attached files
| file | filename |
|---|---|
| 8-K - 2011-0930 USOF FORM 8-K - United States Oil Fund, LP | usof8k_2011-0930.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 September 30, 2011
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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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$ | 54,340,560 | |||
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Unrealized Gain (Loss) on Market Value of Futures
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(193,425,060 | ) | |||
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Dividend Income
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4,502 | ||||
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Interest Income
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8,966 | ||||
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ETF Transaction Fees
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13,000 | ||||
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Total Income (Loss)
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$ | (139,058,032 | ) | ||
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Expenses
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Investment Advisory Fee
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$ | 461,318 | |||
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Brokerage Commissions
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107,632 | ||||
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NYMEX License Fee
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27,216 | ||||
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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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10,612 | ||||
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Prepaid Insurance Expense
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7,388 | ||||
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SEC & FINRA Registration Expense
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3,900 | ||||
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Tax Reporting Fees
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1,542 | ||||
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Total Expenses
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$ | 632,759 | |||
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Net Gain (Loss)
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$ | (139,690,791 | ) | ||
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Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Period 9/1/11
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$ | 1,289,565,388 | |||
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Additions (5,000,000 Units)
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165,566,051 | ||||
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Withdrawals (6,700,000 Units)
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(220,880,245 | ) | |||
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Net Gain (Loss)
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(139,690,791 | ) | |||
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Net Asset Value End of Period
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$ | 1,094,560,403 | |||
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Net Asset Value Per Unit (35,700,000 Units)
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$ | 30.66 | |||
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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 September 30, 2011 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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