United States Oil Fund, LP (USO) filed its monthly account statement for the period ending August 31, 2026, reporting a net income of approximately $84.0 million. The positive result was driven by realized trading gains on commodity futures. Despite the income, the fund's Net Asset Value (NAV) decreased due to net share withdrawals during the month.
Key Details
- Net Income: $84,018,427 for the month ended August 31, 2026.
- Net Asset Value (NAV): The fund's NAV decreased from $1.85 billion on August 1 to $1.79 billion on August 31, 2026.
- Share Activity: The fund experienced net redemptions, with 9.0 million shares added and 9.9 million shares withdrawn, ending the month with a NAV per share of $133.38.