EX-99.1 2 tm2426255d3_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended September 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(896,090)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (1,879,722)
Dividend Income   81,283 
Interest Income   135,781 
Total Income (Loss)  $(2,558,748)
      
Expenses     
General Partner Management Fees  $26,611 
Professional Fees   29,843 
Brokerage Commissions   596 
Directors' Fees and insurance   1,561 
License fees   665 
Total Expenses  $59,276 
Net Income (Loss)  $(2,618,024)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 9/1/24  $56,489,415 
Net Income (Loss)   (2,618,024)
      
Net Asset Value End of Month  $53,871,391 
Net Asset Value Per Share (1,500,000 Shares)  $35.91 

 

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 September 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