Attached files
| file | filename |
|---|---|
| 8-K - 2010-0831 USO FORM 8K - United States Oil Fund, LP | uso8k_2010-0831.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 August 31, 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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$ | 115,858,890 | |||
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Unrealized Gain (Loss) on Market Value of Futures
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(292,734,340 | ) | |||
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Dividend Income
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105,327 | ||||
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Interest Income
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2,274 | ||||
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ETF Transaction Fees
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21,000 | ||||
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Total Income (Loss)
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$ | (176,746,849 | ) | ||
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Expenses
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Investment Advisory Fee
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$ | 703,906 | |||
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Brokerage Commissions
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159,821 | ||||
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NYMEX License Fee
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38,003 | ||||
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Audit Fees
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13,589 | ||||
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Legal Fees
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12,208 | ||||
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Non-interested Directors' Fees and Expenses
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10,725 | ||||
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SEC & FINRA Registration Fees
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1,860 | ||||
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Total Expenses
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$ | 940,112 | |||
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Net Gain (Loss)
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$ | (177,686,961 | ) | ||
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Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Period 8/1/10
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$ | 1,905,692,241 | |||
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Additions (9,300,000 Units)
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317,953,727 | ||||
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Withdrawals (6,500,000 Units)
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(231,246,009 | ) | |||
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Net Gain (Loss)
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(177,686,961 | ) | |||
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Net Asset Value End of Period
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$ | 1,814,712,998 | |||
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Net Asset Value Per Unit (56,700,000 Units)
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$ | 32.01 | |||
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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 August 31, 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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