EX-99.1 2 tm243433d10_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended June 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $263,374 
Unrealized Gain (Loss) on Market Value of Commodity Futures   2,318,406 
Dividend Income   84,101 
Interest Income   178,801 
Total Income (Loss)  $2,844,682 
      
Expenses     
General Partner Management Fees  $30,915 
Professional Fees   13,109 
Brokerage Commissions   494 
Directors' Fees and insurance   1,678 
License fees   772 
Total Expenses  $46,968 
Net Income (Loss)  $2,797,714 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/24  $62,073,570 
Net Income (Loss)   2,797,714 
      
Net Asset Value End of Month  $64,871,284 
Net Asset Value Per Share (1,600,000 Shares)  $40.54 

 

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 June 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