EX-99.1 2 v425350_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended October 31, 2015

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	(836,210	)
Unrealized Gain (Loss) on Market Value of Futures			3,272,709
Dividend Income			377
Interest Income			4,868
ETF Transaction Fees			700
Total Income (Loss)		$	2,442,444
Expenses
General Partner Management Fees		$	36,607
Professional Fees			5,494
Brokerage Commissions			1,064
Non-interested Directors' Fees and Expenses			479
Prepaid Insurance Expense			276
NYMEX License Fee			915
Total Expenses		$	44,835
Net Income (Loss)		$	2,397,609

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 10/1/15		$	70,541,193
Additions (100,000 Shares)			2,088,279
Withdrawals (100,000 Shares)			(2,223,801	)
Net Income (Loss)			2,397,609
Net Asset Value End of Month		$	72,803,280
Net Asset Value Per Share (3,450,000 Shares)		$	21.10

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 October 31, 2015 is accurate and complete.  

/s/ Stuart P. Crumbaugh

Stuart P. Crumbaugh  

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