Exhibit 99.1

United States Oil Fund, LP

Monthly Account Statement

For the Month Ended November 30, 2020

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Commodity Futures	$	72,184,574
Unrealized Gain (Loss) on Market Value of Futures		667,214,905
Dividend Income		5,488
Interest Income		161,962
ETF Transaction Fees		22,000
Total Income (Loss)	$	739,588,929
Expenses
General Partner Management Fees	$	1,328,978
Professional Fees		238,525
Brokerage Commissions		253,298
Directors' Fees and insurance		30,620
NYMEX License Fee		44,299
SEC & FINRA Registration Expense		315,000
Total Expenses	$	2,210,720
Net Income (Loss)	$	737,378,209

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 11/1/20	$	3,334,158,767
Withdrawals (13,600,000 Shares)		(401,666,608	)
Net Income (Loss)		737,378,209
Net Asset Value End of Month	$	3,669,870,368
Net Asset Value Per Share (117,923,603 Shares)	$	31.12

To the Limited Partners of United States Oil Fund, LP:

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended November 30, 2020 is accurate and complete.

/s/ Stuart P. Crumbaugh

Stuart P. Crumbaugh

Chief Financial Officer

United States Commodity Funds LLC, General Partner of United States Oil Fund, LP

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596