---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-008031"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T14:51:13.113264+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# USL reports net loss of $3.5M for December 2023; NAV per share $35.23

## Summary
- Net loss of $3,516,151 for the month ended December 31, 2023.
- Net asset value per share $35.23 at month-end, down from $36.86 at start of month.
- Realized trading loss of $441,316 and unrealized loss of $3,312,854 on commodity futures.
- Dividend income $102,433 and interest income $187,911 partially offset losses.
- Withdrawals of $5.1 million (150,000 shares) during the month.

## SEC filing metadata
- accession: 0001104659-24-008031
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465924008031/0001104659-24-008031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465924008031/tm243433d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-008031
- JSON: https://secwatch.observer/filing/0001104659-24-008031.json
- Plain text: https://secwatch.observer/filing/0001104659-24-008031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.