---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-104051"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:26:27.202283+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# USL posts $2.5M net loss for Aug; NAV drops to $37.66 from $39.30

## Summary
- Net loss of $2,530,272 for month ended Aug 31, 2024.
- Net asset value per share $37.66 (1.5M shares), down $1.64 from prior month.
- Realized trading loss $399,632; unrealized loss $2,313,808 on futures.
- Withdrawals of 50,000 shares reduced NAV by $1,896,835.
- Dividend and interest income of $247,454 only partially offset losses.

## SEC filing metadata
- accession: 0001104659-24-104051
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465924104051/0001104659-24-104051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465924104051/tm2424136d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-104051
- JSON: https://secwatch.observer/filing/0001104659-24-104051.json
- Plain text: https://secwatch.observer/filing/0001104659-24-104051.txt

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