FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2021

FAIR VALUE OF FINANCIAL INSTRUMENTS

Schedule of valuation of securities using fair value hierarchy

At December 31, 2020	Total		Level I		Level II		Level III
Short-Term Investments	$	5,503,000	$	5,503,000	$	—	$	—
Exchange-Traded Futures Contracts
United States Contracts		1,613,858		1,613,858		—		—

Schedule of fair value of derivative instruments

Fair Value of Derivative Instruments

	Condensed
	Statements of
	Financial	Fair Value at		Fair Value at
	Condition	September 30,		December 31,
Derivatives not Accounted for as Hedging Instruments	Location	2021		2020
Futures - Commodity Contracts	Assets	$	2,294,015	$	1,613,858

Schedule of effect of derivative instruments on condensed statements of operations

The Effect of Derivative Instruments on the Condensed Statements of Operations

		For the nine months ended				For the nine months ended
		September 30, 2021				September 30, 2020
		Realized gain (Loss)		Change in Unrealized		Realized Gain (Loss)		Change in Unrealized
	Location of Gain	on Derivatives		Gain (Loss) on		in Derivatives		Gain (Loss) on
Derivatives not Accounted for as	(Loss) on Derivatives	Recognized in		Derivatives		Recognized in		Derivatives
Hedging Instruments	Recognized in Income	Income		Recognized in Income		Income		Recognized in Income
Futures - Commodity Contracts	Realized gain (loss) on closed positions	$	43,542,500			$	27,005,240
	Change in unrealized gain (loss) on open positions			$	680,157			$	836,082