EX-99.1 2 tm2517979d3_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended May 31, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(925,240)
Unrealized Gain (Loss) on Market Value of Commodity Futures   2,162,636 
Dividend Income   77,186 
Interest Income   62,443 
ETF Transaction Fees   350 
Total Income (Loss)  $1,377,375 
      
Expenses     
General Partner Management Fees  $20,187 
Professional Fees   15,928 
Brokerage Commissions   481 
Directors' Fees and insurance   560 
License fees   504 
Total Expenses  $37,660 
Net Income (Loss)  $1,339,715 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 5/1/25  $38,396,387 
Withdrawals ((50,000) Shares)   (1,696,684)
Net Income (Loss)   1,339,715 
      
Net Asset Value End of Month  $38,039,418 
Net Asset Value Per Share (1,150,000 Shares)  $33.08 

 

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 May 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