United States Oil Fund posts $270.1M monthly loss, NAV rises to $1.731B

United States Oil Fund reported a net loss of $270,124,551 for May 2026 while ending month NAV rose to $1,731,312,535.

Key Highlights:

• Reported net loss of $270,124,551 for month ended May 31, 2026, driven by unrealized losses.
• Large unrealized losses: $(304,244,780) on futures and $(43,658,055) on swaps, offset by $65,583,974 realized futures gains.
• Total income (loss) for the month was $(269,010,014); total expenses were $1,114,537.
• NAV increased from $1,692,436,477 to $1,731,312,535; NAV per share $128.02 on 13,523,603 shares.
• Net additions: 13,300,000 shares added ($1,883,019,267) vs 11,300,000 shares withdrawn ($1,574,018,658).

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.