Attached files
file | filename |
---|---|
8-K - 2012-0430 USOF FORM 8K - United States Oil Fund, LP | usof8k_2012-0430.htm |
Exhibit 99.1
|
|||||
United States Oil Fund, LP
|
|||||
Monthly Account Statement
|
|||||
For the Month Ended April 30, 2012
|
|||||
Statement of Income (Loss)
|
|||||
Income
|
|||||
Realized Trading Gain (Loss) on Futures
|
$ | (57,175,710 | ) | ||
Unrealized Gain (Loss) on Market Value of Futures
|
73,696,210 | ||||
Dividend Income
|
26,050 | ||||
Interest Income
|
9,191 | ||||
ETF Transaction Fees
|
12,000 | ||||
Total Income (Loss)
|
$ | 16,567,741 | |||
Expenses
|
|||||
General Partner Management Fees
|
$ | 490,757 | |||
Tax Reporting Fees
|
104,046 | ||||
Brokerage Commissions
|
96,342 | ||||
NYMEX License Fee
|
16,359 | ||||
Audit Fees
|
13,151 | ||||
Non-interested Directors' Fees and Expenses
|
11,743 | ||||
Prepaid Insurance Expense
|
8,661 | ||||
SEC & FINRA Registration Expense
|
3,900 | ||||
Total Expenses
|
$ | 744,959 | |||
Net Income (Loss)
|
$ | 15,822,782 | |||
Statement of Changes in Net Asset Value
|
|||||
Net Asset Value Beginning of Month 4/1/12
|
$ | 1,423,273,819 | |||
Additions (3,000,000 Units)
|
118,157,822 | ||||
Redemptions (7,100,000 Units)
|
(278,987,687 | ) | |||
Net Income (Loss)
|
15,822,782 | ||||
Net Asset Value End of Month
|
$ | 1,278,266,736 | |||
Net Asset Value Per Unit (32,200,000 Units)
|
$ | 39.70 | |||
To the Limited Partners of United States Oil Fund, LP:
|
|||||
Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that,
|
|||||
to the best of his knowledge and belief, the information contained in the Account Statement for
|
|||||
the month ended April 30, 2012 is accurate and complete.
|
|||||
/s/ Howard Mah | |||||
Howard Mah
|
|||||
Chief Financial Officer
|
|||||
United States Commodity Funds LLC, General Partner of United States Oil Fund, LP
|
|||||
United States Commodity Funds LLC
|
|||||
1320 Harbor Bay Parkway
|
|||||
Suite 145
|
|||||
Alameda, CA 94502
|