USO reports $366M June loss on oil futures decline, offset by $1.4B net inflows

Filed July 29, 2026 · Period ending July 29, 2026 · ~1 min read

Key Changes

• high

  Net loss of $366.4M driven by $193.5M realized futures losses, $132.3M unrealized futures losses, and $57.9M swap losses, partially offset by $13.3M unrealized swap gains.

  Exhibit 99.1 view on EDGAR →
• high

  NAV rose from $1.73B to $1.75B despite losses, as 12M shares created ($1.39B) exceeded 8.9M shares redeemed ($1.01B), yielding $388.8M net inflows.

  Exhibit 99.1 view on EDGAR →
• high

  Combined commodity futures losses totaled $325.8M, reflecting adverse oil price movements during June 2026.

  Exhibit 99.1 view on EDGAR →