On March 27, 2026, the United States 12 Month Oil Fund, LP (the "Registrant") filed an 8-K report with the Securities and Exchange Commission (SEC), disclosing its annual financial statements for the year ended December 31, 2025. This filing is in compliance with Rule 4.22 under the Commodity Exchange Act, which mandates the disclosure of financial performance for commodity pools. The report includes detailed financial statements that reflect the fund's performance, including income, expenses, and changes in partners' capital over the past three years. The financial statements indicate a net loss for the year ended December 31, 2025, amounting to $(5,764,786), which translates to a net loss per limited partner share of $(4.70). This loss is attributed to significant unrealized losses on trading of commodity futures contracts, which were impacted by market conditions. The filing also includes information about the fund's assets, liabilities, and the management fees paid to the general partner, United States Commodity Funds LLC. The report emphasizes that the fund's investment objective is to reflect the daily changes in the spot price of light, sweet crude oil, and it outlines the risks associated with commodity trading, including market and credit risks. The annual financial statements are available on the Registrant's website and are also furnished as Exhibit 99.1 to the current report. Investors are encouraged to review these documents for a comprehensive understanding of the fund's financial health and operational strategy.
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