United States 12 Month Oil Fund (USL) Equity Average (2013 - 2026)

United States 12 Month Oil Fund posted quarterly Equity Average of $48.2 million for Q1 2026, down 0.83% year-on-year from $48.6 million in Q1 2025, and up 24.41% on a QoQ basis from $38.7 million in Q4 2025.

United States 12 Month Oil Fund (USL) has 14 years of Equity Average data on file, last reported at $48.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Equity Average fell 0.83% year-over-year to $48.2 million; the trailing twelve-month figure through Mar 2026 stood at $48.2 million (down 0.83% YoY), and the FY2025 full-year result was $43.0 million, down 26.04% from the prior year.
  • Equity Average for Q1 2026 stood at $48.2 million, up from $38.7 million in the prior quarter.
  • Across five years, Equity Average topped out at $140.0 million in Q1 2022 and bottomed at $38.7 million in Q4 2025.
  • The 5-year median for Equity Average is $65.5 million (2024), against an average of $73.9 million.
  • The widest annual swing landed in 2023, when Equity Average tumbled 43.9%; it then decreased 0.83% in 2026.
  • A 5-year view of Equity Average shows it stood at $90.3 million in 2022, then dropped by 20.82% to $71.5 million in 2023, then slipped by 27.79% to $51.6 million in 2024, then decreased by 25.0% to $38.7 million in 2025, then gained by 24.41% to $48.2 million in 2026.
  • The last three Equity Average figures came in at $48.2 million (Q1 2026), $38.7 million (Q4 2025), and $41.5 million (Q3 2025), per Business Quant data.

Historic Data

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DateValue
Mar 31, 2026 48.19 Mn
Dec 31, 2025 38.73 Mn
Sep 30, 2025 41.53 Mn
Jun 30, 2025 45.00 Mn
Mar 31, 2025 48.59 Mn
Dec 31, 2024 51.64 Mn
Sep 30, 2024 59.37 Mn
Jun 30, 2024 64.43 Mn
Mar 31, 2024 65.46 Mn
Dec 31, 2023 71.52 Mn
Sep 30, 2023 74.83 Mn
Jun 30, 2023 78.15 Mn
Mar 31, 2023 83.03 Mn
Dec 31, 2022 90.33 Mn
Sep 30, 2022 116.78 Mn
Jun 30, 2022 139.32 Mn
Mar 31, 2022 140.05 Mn
Dec 31, 2021 142.69 Mn
Sep 30, 2021 167.96 Mn
Jun 30, 2021 193.31 Mn
Mar 31, 2021 197.43 Mn
Dec 31, 2020 204.40 Mn
Sep 30, 2020 243.61 Mn
Jun 30, 2020 164.19 Mn
Mar 31, 2020 54.29 Mn
Dec 31, 2019 53.25 Mn
Sep 30, 2019 52.96 Mn
Jun 30, 2019 58.22 Mn
Mar 31, 2019 56.36 Mn
Dec 31, 2018 66.79 Mn
Sep 30, 2018 84.51 Mn
Jun 30, 2018 84.46 Mn
Mar 31, 2018 87.12 Mn
Dec 31, 2017 99.34 Mn
Sep 30, 2017 110.64 Mn
Jun 30, 2017 111.24 Mn
Mar 31, 2017 117.36 Mn
Dec 31, 2016 124.61 Mn
Sep 30, 2016 121.84 Mn
Jun 30, 2016 116.02 Mn
Mar 31, 2016 90.86 Mn
Dec 31, 2015 70.54 Mn
Sep 30, 2015 75.53 Mn
Jun 30, 2015 76.20 Mn
Mar 31, 2015 54.56 Mn
Dec 31, 2014 42.65 Mn
Sep 30, 2014 53.51 Mn
Jun 30, 2014 58.15 Mn
Mar 31, 2014 59.72 Mn
Dec 31, 2013 69.92 Mn
Sep 30, 2013 74.93 Mn
Jun 30, 2013 87.35 Mn
Mar 31, 2013 101.05 Mn