MARKET

USL

USL

United States 12 Month Oil
NYSEARCA
40.39
+0.04
+0.10%
Opening 12:26 04/18 EDT
OPEN
40.41
PREV CLOSE
40.34
HIGH
40.53
LOW
40.14
VOLUME
4.83K
TURNOVER
0
52 WEEK HIGH
42.10
52 WEEK LOW
30.59
TOTAL ASSET
64.45M
YTD YIELD
12.53%
1D
5D
1M
3M
1Y
5Y
What Iran's Attack Means For Commodities
Investing in politically sensitive commodities, such as oil and metals, could mitigate the potential impacts of rising geopolitical turmoil. Iran’s direct attack on Israel may carry significant implications for global commodity markets. The threat of further Iran-Israel escalation combined with sanctions on Russian metals underscores the need for diversification into geopolitically sensitive commodities.
Seeking Alpha · 7h ago
Commodity Roundup: Natural gas rises ahead of inventory data, oil extends losses
Natural gas futures rose on Thursday ahead of weekly natural gas storage report. Oil futures fell for a fourth straight session as demand worries outweighed Middle East supply risks. Energy Information Administration reported fourth straight weekly build in U.S. Commercial crude inventories for the week ended April 12.
Seeking Alpha · 8h ago
Middle East Escalation Boosts Oil Supply Risks
Risks to Middle East oil supply are at their highest since October last year. The oil market continues to be supported by ongoing tensions in the Middle East. Price action in the oil market has been surprising following Iran's attack on Israel. The risk of disruption to Middle Eastern supply is growing. Stricter enforcement of oil sanctions against Iran, Israel retaliating and Iran attempting to block the Strait of Hormuz are key risks to oil supply.
Seeking Alpha · 11h ago
U.S. crude oil drops by most since January as supplies rise more than expected
U.S. Crude oil drops by most since January as supplies rise more than expected. Fourth straight weekly build in inventories and weaker economic data from China outweighed Middle East tensions. Front-month crude prices drop to their lowest in three weeks. China's economy grew by a stronger than expected 5.3% in March, but other indicators point to lackluster demand.
Seeking Alpha · 19h ago
Crude inventory increased by 2.7M barrels for week ended April 12 - EIA
Crude inventory increased by 2.7M barrels for week ended April 12 - EIA. Commercial crude stocks for the week endedApril 12: 460M barrels. Crude inventory change: +2.7m barrels. Gasoline inventory increase by 1.2m barrels for the same week.
Seeking Alpha · 1d ago
U.S., allies plan fresh sanctions on Iran in response to attack on Israel
U.S., allies plan fresh sanctions on Iran in response to attack on Israel. Iran launched missiles and drones over the weekend targeting Israel. The U.S. Will impose new sanctions in the coming days on Iran's missile and drone program. Iran's attack was in retaliation for an air strike on an Iranian consulate in Syria. The House of Representatives voted to impose sanctions on Chinese financial institutions.
Seeking Alpha · 1d ago
Oil stays flat as Middle East worries offset by higher-for-longer rates outlook
Crude oil futures end little changed as Middle East worries offset by higher-for-longer rates outlook. Analysts believe Israel's response to Iran's missile attack will be limited in scope. Strong U.S. Retail sales in March reinforce expectations the Fed will not cut interest rates before September.
Seeking Alpha · 1d ago
Oil prices could face increased uncertainty – TD Securities
TD Securities says the outlook for oil prices could face increased uncertainty as geopolitical tensions continue to escalate in the Middle East. Oil currently trades near $85.20/bbl, higher in 2024 by 19.5%. The recent upswing in April has oil trading near highs not seen since late October of 2023.
Seeking Alpha · 2d ago
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Profile
Fund Name
United States 12 Month Oil
Inception Date
2007-12-06
Benchmark
Bloomberg Nymex Crude Oil 12M Fut TR USD
Advisor Company
United States Commodity Funds LLC
Custodian
Bank of New York Mellon
Manager
Management Team