USL reports monthly net loss of $2.1M; NAV per share $34.19 for Feb 2023

United States 12 Month Oil Fund, LP

Net loss of $2,117,617 for month ended Feb 28, 2023; realized trading loss of $615,150.
Unrealized loss on commodity futures of $1,700,710; dividend income $60,141; interest income $183,148.
Net asset value per share $34.19 on 2,350,000 outstanding shares; total NAV $80.3M.
Additions of $3.44M and withdrawals of $3.40M during the month, net flat.
Monthly account statement furnished under CFTC Rule 4.22; no change in strategy.

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