---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-117083"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:52:04.340893+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# USL reports Oct 2025 net loss of $669K; NAV per share $34.92

## Summary
- Net loss of $668,956 for month ended Oct 31, 2025, on total loss of $633,251.
- Realized trading loss on commodity futures of $420,500; unrealized loss of $345,120.
- Net asset value per share $34.92; total shares outstanding 1,150,000.
- NAV decreased from $40.83M to $40.16M during October.

## SEC filing metadata
- accession: 0001104659-25-117083
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2025-12-01T23:59:59+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/1405528/000110465925117083/0001104659-25-117083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465925117083/tm2530912d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-117083
- JSON: https://secwatch.observer/filing/0001104659-25-117083.json
- Plain text: https://secwatch.observer/filing/0001104659-25-117083.txt

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