United States 12 Month Oil Fund, LP (USL)Commodities Focused | Exchange Traded Fund | NYSEArca
51.26 USD
+0.01
(0.023%)
⇧
(Aug. 28, 2026, 3:56 p.m.
EDT)
After hours: 51.26 |
Hot Take ↕ | Aug. 22, 2026, 2:12 a.m. EDT
The immediate outlook is driven by aggressive speculative positioning rather than fundamental strength. Traders are betting on a sharp rally, with heavy call open interest at strikes well above the current price and virtually no hedging via puts. However, this optimism ignores the stark reality of the underlying asset: it is a commodity fund with zero dividend history and a recent annual decline. While the price has recovered significantly over the last decade, the most recent year saw a drop, and the lack of any income stream makes it unsuitable for a long-term hold. The current setup is a classic momentum play where traders are chasing a potential oil shock, but the lack of fundamental support suggests this is a volatile trade rather than a sustainable investment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.091676 |
| AutoETS | 0.103983 |
| AutoARIMA | 0.103985 |
| AutoTheta | 0.109078 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 0.34 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.236 |
| Excess Kurtosis | -1.11 |
As of Aug. 22, 2026, 2:12 a.m. EDT: Speculators are heavily positioned for upside moves, evidenced by significant open interest in out-of-the-money calls (strikes 53, 55, 60) compared to negligible put activity. Implied volatility is elevated for near-term expiration, suggesting anticipation of a price spike, while longer-dated calls show substantial volume at strikes significantly above current prices.
| Attribute | Value |
|---|---|
| All Time High | 89.24 |
| All Time Low | 9.5 |
| Ask | 53.0 |
| Ask Size | 800 |
| Average Daily Volume10 Day | 8,860 |
| Average Daily Volume3 Month | 15,769 |
| Average Volume | 15,769 |
| Average Volume10Days | 8,860 |
| Beta3 Year | 1.32 |
| Bid | 49.75 |
| Bid Size | 1,000 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 51.345 |
| Day Low | 51.005 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 49.0182 |
| Fifty Day Average Change | 2.243702 |
| Fifty Day Average Change Percent | 0.045772836 |
| Fifty Two Week Change Percent | 38.70095 |
| Fifty Two Week High | 56.75 |
| Fifty Two Week High Change | -5.488098 |
| Fifty Two Week High Change Percent | -0.09670658 |
| Fifty Two Week Low | 32.25 |
| Fifty Two Week Low Change | 19.011902 |
| Fifty Two Week Low Change Percent | 0.58951634 |
| Fifty Two Week Range | 32.25 - 56.75 |
| First Trade Date Milliseconds | 1,196,951,400,000 |
| Five Year Average Return | 0.155311 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.0119019 |
| Fullday Change Percent | 0.0232231 |
| Fullday Price | 51.2619 |
| Fund Family | USCF Investments |
| Fund Inception Date | 1,196,899,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels. The Benchmark Oil Futures Contracts are the futures contracts on light, sweet crude oil as traded on the New York Mercantile Exchange. |
| Long Name | United States 12 Month Oil Fund, LP |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_35428783 |
| Nav Price | 51.148 |
| Net Assets | 44,964,044.0 |
| Net Expense Ratio | 1.01 |
| Open | 50.66 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 51.2619 |
| Post Market Time | 1,787,959,804 |
| Previous Close | 51.25 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0119019 |
| Regular Market Change Percent | 0.0232231 |
| Regular Market Day High | 51.345 |
| Regular Market Day Low | 51.005 |
| Regular Market Day Range | 51.005 - 51.345 |
| Regular Market Open | 50.66 |
| Regular Market Previous Close | 51.25 |
| Regular Market Price | 51.2619 |
| Regular Market Time | 1,787,946,961 |
| Regular Market Volume | 2,891 |
| Short Name | United States 12 Month Oil |
| Source Interval | 15 |
| Symbol | USL |
| Three Year Average Return | 0.1148099 |
| Total Assets | 44,964,044 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -6.90915 |
| Trailing Three Month Returns | -6.90915 |
| Triggerable | 1 |
| Two Hundred Day Average | 44.19675 |
| Two Hundred Day Average Change | 7.065151 |
| Two Hundred Day Average Change Percent | 0.1598568 |
| Type Disp | ETF |
| Volume | 2,891 |
| Yield | 0.0 |
| Ytd Return | 49.97148 |