United States 12 Month Oil Fund, LP

# United States 12 Month Oil Fund, LP

Classified as a commodity contracts broker and dealer, this fund provides investors with exposure to crude oil and petroleum product futures markets. The fund primarily invests in futures contracts for light, sweet crude oil traded on the New York Mercantile Exchange, which serves as its benchmark. Beyond crude oil, the fund maintains positions in derivative contracts covering diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels, enabling diversified participation across the energy commodity complex.

The fund's structure as a limited partnership allows investors to gain leveraged or direct exposure to oil futures prices without directly holding physical commodities or managing individual futures contracts. The primary revenue mechanism derives from investment returns based on the performance of underlying commodity futures positions. The fund trades on the New York Stock Exchange, providing liquidity to investors seeking commodity market exposure through a publicly traded vehicle rather than direct futures trading or commodity ETF structures.

Specific details regarding employee count and operational scale are not publicly disclosed for this fund vehicle. The fund's geographic reach extends to any investor with access to NYSE-listed securities, while its actual trading activities and contract positions are concentrated on major U.S. futures exchanges.