EX-99.1 2 v397056_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States 12 Month Oil Fund, LP
Monthly Account Statement
For the Month Ended November 30, 2014
Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	(610,330	)
Unrealized Gain (Loss) on Market Value of Futures			(6,543,940	)
Dividend Income			740
Interest Income			324
Total Income (Loss)		$	(7,153,206	)
Expenses
General Partner Management Fees		$	20,574
Professional Fees			11,762
Prepaid Insurance Expense			670
NYMEX License Fee			514
Non-interested Directors' Fees and Expenses			420
Brokerage Commissions			294
Total Expenses		$	34,234
Net Income (Loss)		$	(7,187,440	)

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 11/1/14		$	43,619,728
Net Income (Loss)			(7,187,440	)
Net Asset Value End of Month		$	36,432,288
Net Asset Value Per Share (1,150,000 Shares)		$	31.68

To the Limited Partners of United States 12 Month Oil Fund, LP:

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended November 30, 2014 is accurate and complete.

/s/ Howard Mah

Howard Mah

Chief Financial Officer

United States Commodity Funds LLC, General Partner of United States 12 Month Oil Fund, LP

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612