United States Oil Fund Reports $180 Million September Net Income
United States Oil Fund reported $180 million net income for September 2026, with total income of $181.11 million and expenses of $1.14 million. Net assets decreased from $1.79 billion to $1.65 billion, with 11.3 million shares outstanding at month-end.
How this was made
The 30-second read
Why it matters
The September net income and asset contraction provide the first public insight into the fund’s recent performance, which may influence short‑term trading decisions.
Market read
USO’s earnings and asset decline are new data points that could affect oil‑related trading strategies.
What to watch
Potential inflows from upcoming OPEC supply news could offset the asset decline.
Background
The United States Oil Fund (USO) is a popular commodity‑linked ETF that tracks crude oil prices.
Ticker impact
USO filed its September 2026 net income report showing $179.97 M net income and a drop in net assets to $1.65 B.
likely downside as investors price in lower assets and earnings
First‑report of September results; assets down from $1.79 B to $1.65 B and NAV per share fell to $145.44.
Market effects
Oil‑related ETFs may see short‑term pressure as USO’s asset base contracts.
U.S. energy commodity investors may adjust exposure.
Limited to investors tracking U.S. oil fund performance.
Counterpoint
If the NAV dip reflects temporary market volatility, the fund could rebound quickly.
Key entities
- ETFUnited States Oil Fund
Tracks the price of West Texas Intermediate crude oil.
