US Oil Fund Files 8-K
Ticker: USO · Form: 8-K · Filed: Aug 6, 2024 · CIK: 1327068
Sentiment: neutral
Topics: etf, filing, oil
Related Tickers: USO
TL;DR
USO filed an 8-K on Aug 5th, check financials & agreements.
AI Summary
United States Oil Fund, LP filed an 8-K on August 6, 2024, reporting a material definitive agreement and financial statements. The filing pertains to the period ending August 5, 2024, and includes information about the fund's structure and operations.
Why It Matters
This filing provides crucial updates on the United States Oil Fund, LP's material agreements and financial status, impacting investors' understanding of the fund's operations.
Risk Assessment
Risk Level: low — This is a routine filing for an ETF, providing standard disclosures without immediate, significant operational or financial risk indicators.
Key Players & Entities
- United States Oil Fund, LP (company) — Registrant
- August 5, 2024 (date) — Date of earliest event reported
- August 6, 2024 (date) — Filing Date
- 1850 Mt. Diablo Boulevard, Suite 640 Walnut Creek, California 94596 (address) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing for the United States Oil Fund, LP?
The primary purpose of this 8-K filing is to report on the entry into a material definitive agreement and to provide financial statements and exhibits, as of August 5, 2024.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on August 5, 2024.
What is the principal executive office address for United States Oil Fund, LP?
The principal executive office address for United States Oil Fund, LP is 1850 Mt. Diablo Boulevard, Suite 640, Walnut Creek, California 94596.
What is the Commission File Number for United States Oil Fund, LP?
The Commission File Number for United States Oil Fund, LP is 001-32834.
What is the IRS Employer Identification Number for the registrant?
The IRS Employer Identification Number for the registrant, United States Oil Fund, LP, is 20-2830691.
Filing Stats: 565 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-08-06 16:31:08
Filing Documents
- i24274_uso-8k.htm (8-K) — 31KB
- exhibit_10-13.htm (EX-10.13) — 550KB
- i24272_001.jpg (GRAPHIC) — 5KB
- 0001171200-24-000247.txt ( ) — 853KB
- uso-20240805.xsd (EX-101.SCH) — 3KB
- uso-20240805_lab.xml (EX-101.LAB) — 33KB
- uso-20240805_pre.xml (EX-101.PRE) — 22KB
- i24274_uso-8k_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On August 5, 2024, United States Oil Fund, LP (the "Registrant"), entered into an International Swaps and Derivatives Association, Inc. ("ISDA") 2002 Master Agreement (the "Agreement") with The Bank of Nova Scotia ("ScotiaBank"), pursuant to which ScotiaBank has agreed to serve as an over-the-counter ("OTC") swaps counterparty for the Registrant. The Agreement provides the Registrant with the ability to invest in OTC swaps in furtherance of its investment objective. The Registrant has not yet entered into any OTC swap transactions with ScotiaBank under the Agreement, but it may do so in the future. The Registrant's OTC swap transactions outstanding under the Agreement, if any, along with the Registrant's other holdings, will be posted on the Registrant's webpage, www.uscfinvestments.com. The foregoing description of the Agreement is not complete and is qualified in its entirety by reference to the full text of the Agreement, which is attached hereto as Exhibit 10.13 and is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 10.13 ISDA 2002 Master Agreement, dated August 5, 2024, by and between United States Oil Fund, LP and The Bank of Nova Scotia
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED STATES OIL FUND, LP By: United States Commodity Funds LLC, its general partner Date: August 6, 2024 By: /s/ John P. Love Name: John P. Love Title: President and Chief Executive Officer