EX-99.1 2 tm256731d3_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $291,710 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (28,396)
Dividend Income   71,950 
Interest Income   102,114 
ETF Transaction Fees   350 
Total Income (Loss)  $437,728 
      
Expenses     
General Partner Management Fees  $25,711 
Professional Fees   16,605 
Brokerage Commissions   832 
Directors' Fees and insurance   1,679 
License fees   643 
Total Expenses  $45,470 
Net Income (Loss)  $392,258 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/25  $49,416,184 
Withdrawals (50,000 Shares)   (1,978,059)
Net Income (Loss)   392,258 
      
Net Asset Value End of Month  $47,830,383 
Net Asset Value Per Share (1,250,000 Shares)  $38.26 

 

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 January 31, 2025 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