---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-007755"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:22:17.881407+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# USL December net loss $543,640; NAV per share $33.31

## Summary
- Realized trading loss of $454,489 and unrealized loss of $182,332 on commodity futures.
- Net loss of $543,640 for December 2025.
- Net asset value fell $2.23M to $36.64M; 50,000 shares redeemed ($1.68M).
- NAV per share at month-end $33.31 on 1.1M shares outstanding.

## SEC filing metadata
- accession: 0001104659-26-007755
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465926007755/0001104659-26-007755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465926007755/tm262824d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-007755
- JSON: https://secwatch.observer/filing/0001104659-26-007755.json
- Plain text: https://secwatch.observer/filing/0001104659-26-007755.txt

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