---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-131988"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T23:00:14.191550+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# USL reports November net loss of $343K; NAV per share falls to $36.29

## Summary
- Net loss of $343,139 for month ended Nov 30, 2024; total income loss of $297,031.
- Realized trading loss of $438,600 and unrealized loss of $59,370 on commodity futures.
- Net asset value per share $36.29 (1.4M shares) vs $36.54 prior month, down $0.25.
- Shareholder withdrawals of $3.66M (100,000 shares) during the month.

## SEC filing metadata
- accession: 0001104659-24-131988
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- 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/1405528/000110465924131988/0001104659-24-131988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465924131988/tm2431087d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-131988
- JSON: https://secwatch.observer/filing/0001104659-24-131988.json
- Plain text: https://secwatch.observer/filing/0001104659-24-131988.txt

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