EX-99.1 2 tm2428595d3_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended October 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(64,850)
Unrealized Gain (Loss) on Market Value of Commodity Futures   845,678 
Dividend Income   79,920 
Interest Income   137,296 
Total Income (Loss)  $998,044 
      
Expenses     
General Partner Management Fees  $28,605 
Professional Fees   25,704 
Brokerage Commissions   496 
Directors' Fees and insurance   1,632 
License fees   716 
Total Expenses  $57,153 
Net Income (Loss)  $940,891 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/24  $53,871,391 
Net Income (Loss)   940,891 
      
Net Asset Value End of Month  $54,812,282 
Net Asset Value Per Share (1,500,000 Shares)  $36.54 

 

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 October 31, 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