EX-99.1 2 tm2414449d3_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended April 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $1,064,372 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (1,000,518)
Dividend Income   84,062 
Interest Income   182,880 
Total Income (Loss)  $330,796 
      
Expenses     
General Partner Management Fees  $32,119 
Professional Fees   13,109 
Brokerage Commissions   621 
Directors' Fees and insurance   1,630 
License fees   802 
Total Expenses  $48,281 
Net Income (Loss)  $282,515 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 4/1/24  $63,990,283 
Net Income (Loss)   282,515 
      
Net Asset Value End of Month  $64,272,798 
Net Asset Value Per Share (1,600,000 Shares)  $40.17 

 

To the Limited Partners of United States 12 Month 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 April 30, 2024 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, General Partner of United States 12 Month Oil Fund, LP  
   
United States Commodity Funds LLC  
1850 Mt. Diablo Boulevard, Suite 640  
Walnut Creek, CA 94596