USL reports $7.57M net loss for April; NAV falls to $38.4M ($32.00/unit)

United States 12 Month Oil Fund, LP

Net loss of $7,569,401 for April 2025, mainly from unrealized trading loss of $6,686,920.
Net asset value decreased from $47.77M to $38.40M; NAV per share $32.00 (1,200,000 shares).
Realized trading loss of $997,110; dividend and interest income of $136,279 partially offset.
No guidance or forward-looking statements; routine monthly statement per CFTC Rule 4.22.

item 7.01item 9.01

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