TipRanks

Notifications

United States 12 Month Oil Fund Reports Strong Performance

United States 12 Month Oil Fund LP ( ($USL) ) just unveiled an update.

The United States 12 Month Oil Fund, LP reported a net income of $940,891 for October 2024, with an end-of-month net asset value of $54,812,282, indicating robust financial performance despite a realized trading loss in commodity futures. This demonstrates resilience in the oil fund’s strategy, appealing to investors keen on commodity markets.

Find detailed analytics on USL stock on TipRanks’ Stock Analysis page.

TipRanks Auto-Generated Newsdesk
Tipranks Auto-Generated Newsdesk is driven by TipRanks’ Financial Accountability Engine, which brings transparency and accountability to the financial markets. We level the playing field for retail investors, delivering all the news that publicly traded companies release. Our advanced AI scans company announcements, translating complex ideas into easily understandable articles, then sends the articles for editorial review. For any questions or comments, please write to support@tipranks.com.