United States 12 Month Oil Fund (USL) Operating Expenses (2010 - 2026)
United States 12 Month Oil Fund (USL) posted Operating Expenses of $108816.0 for Q1 2026, up 15.78% on a QoQ basis from $93987.0 in Q4 2025, and down 6.18% year-over-year from $115985.0 in Q1 2025.
United States 12 Month Oil Fund (USL) Operating Expenses (2010 - 2026) Analysis & Trends
United States 12 Month Oil Fund's Operating Expenses history runs 17 years deep, the most recent figure standing at $108816.0 for Q1 2026.
- Quarterly Operating Expenses fell 6.18% year-over-year to $108816.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $424225.0 (down 27.88% YoY) and the FY2025 annual result came in at $431394.0, down 30.33% from the prior year.
- Operating Expenses was $108816.0 for Q1 2026 at United States 12 Month Oil Fund, up from $93987.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $332996.0 in Q1 2022 and bottomed at $93987.0 in Q4 2025.
- A 5-year average of $167150.9 and a median of $146993.0 in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses sank 56.07% — and 2024, when it rose 14.56%.
- United States 12 Month Oil Fund's Operating Expenses stood at $179847.0 in 2022, then decreased by 10.01% to $161836.0 in 2023, then declined by 7.92% to $149023.0 in 2024, then plunged by 36.93% to $93987.0 in 2025, then rose by 15.78% to $108816.0 in 2026.
- Business Quant data shows USL's Operating Expenses at $108816.0 in Q1 2026, $93987.0 in Q4 2025, and $123149.0 in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 108,816.00 |
| Dec 31, 2025 | 93,987.00 |
| Sep 30, 2025 | 123,149.00 |
| Jun 30, 2025 | 98,273.00 |
| Mar 31, 2025 | 115,985.00 |
| Dec 31, 2024 | 149,023.00 |
| Sep 30, 2024 | 179,523.00 |
| Jun 30, 2024 | 143,692.00 |
| Mar 31, 2024 | 146,993.00 |
| Dec 31, 2023 | 161,836.00 |
| Sep 30, 2023 | 156,706.00 |
| Jun 30, 2023 | 143,018.00 |
| Mar 31, 2023 | 146,293.00 |
| Dec 31, 2022 | 179,847.00 |
| Sep 30, 2022 | 239,296.00 |
| Jun 30, 2022 | 322,132.00 |
| Mar 31, 2022 | 332,996.00 |
| Dec 31, 2021 | 329,071.00 |
| Sep 30, 2021 | 369,558.00 |
| Jun 30, 2021 | 468,943.00 |