United States Oil Fund LP ( (USO) ) has provided an update.
On March 31, 2025, United States Oil Fund, LP released its monthly account statement for February 2025, revealing a net loss of $28,190,646. The fund experienced significant realized losses on commodity futures and swap contracts, which were partially offset by unrealized gains and income from dividends and interest. The net asset value at the end of February stood at $990,497,270, with a per-share value of $74.90. This financial report highlights the volatility and challenges faced by the fund in navigating the oil market, impacting its financial performance and investor returns.
More about United States Oil Fund LP
United States Oil Fund, LP operates within the commodity investment sector, focusing on providing investors with exposure to the oil market. The company primarily deals in commodity futures and swap contracts, aiming to reflect the performance of the spot price of West Texas Intermediate (WTI) light, sweet crude oil.
YTD Price Performance: -2.81%
Average Trading Volume: 2,804,490
Current Market Cap: $947.2M
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