FAIR VALUE OF FINANCIAL INSTRUMENTS - Effect of Derivative Instruments on the Statements of Operations (Details) - USD ($) |
3 Months Ended | |
---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
|
FAIR VALUE OF FINANCIAL INSTRUMENTS | ||
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income | $ 2,228,894 | $ 2,465,648 |
Commodity Contracts | Futures | Not Designated as Hedging Instrument | Realized gain (loss) on closed commodity futures contracts | ||
FAIR VALUE OF FINANCIAL INSTRUMENTS | ||
Realized Gain (Loss) on Derivatives Recognized in Income | 1,827,746 | (4,924,948) |
Commodity Contracts | Futures | Not Designated as Hedging Instrument | Realized gain (loss) on open commodity futures contracts | ||
FAIR VALUE OF FINANCIAL INSTRUMENTS | ||
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income | $ 2,228,894 | $ 2,465,648 |