United States 12 Month Oil Fund LP ( ($USL) ) has provided an announcement.
The United States 12 Month Oil Fund reported a net loss of approximately $2.6 million for September 2024, driven by significant realized and unrealized losses on commodity futures, despite gains from dividend and interest income. The net asset value decreased from $56.5 million to $53.9 million, reflecting the challenging market conditions impacting the fund’s performance.
For an in-depth examination of USL stock, go to TipRanks’ Stock Analysis page.
