EX-99.1 2 tm258856d3_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended February 28, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(75,308)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (1,247,392)
Dividend Income   64,524 
Interest Income   86,880 
ETF Transaction Fees   700 
Total Income (Loss)  $(1,170,596)
      
Expenses     
General Partner Management Fees  $22,094 
Professional Fees   14,998 
Brokerage Commissions   597 
Directors' Fees and insurance   1,464 
License fees   552 
Total Expenses  $39,705 
Net Income (Loss)  $(1,210,301)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 2/1/25  $47,830,383 
Additions (50,000 Shares)   1,900,646 
Withdrawals ((50,000) Shares)   (1,915,000)
Net Income (Loss)   (1,210,301)
      
Net Asset Value End of Month  $46,605,728 
Net Asset Value Per Share (1,250,000 Shares)  $37.28 

 

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 February 28, 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