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United States 12 Month Oil Fund LP ( (USL) ) just unveiled an announcement.
United States 12 Month Oil Fund, LP reported a net loss of $343,139 for November 2024, reflecting losses in both realized and unrealized trading of commodity futures, which significantly impacted the fund’s net asset value, decreasing it to $50,807,679. Despite the losses, the fund maintained a net asset value per share of $36.29, indicating ongoing challenges in the oil futures market and potential implications for investors focused on energy sector investments.
More about United States 12 Month Oil Fund LP
United States 12 Month Oil Fund, LP operates within the commodities investment industry, focusing on providing investors with exposure to movements in oil prices by investing in oil futures contracts. The company aims to reflect the performance of oil prices over a 12-month period, primarily targeting investors interested in the energy sector.
YTD Price Performance: 5.45%
Average Trading Volume: 9,357
Current Market Cap: $51.58M
See more data about USL stock on TipRanks’ Stock Analysis page.
