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United States Oil Fund LP ( (USO) ) has provided an update.
The United States Oil Fund, LP released its monthly financial summary for August 2024, highlighting a net loss of $28,023,407, influenced by both realized and unrealized losses in commodity futures and swap contracts. Despite these losses, the fund reported a net asset value increase to $1,383,533,370 by the month’s end, with the net asset value per share standing at $74.29. The report, which ensures accuracy and completeness as per Commodity Exchange Act regulations, can be accessed on the fund’s website.
Learn more about USO stock on TipRanks’ Stock Analysis page.
