USL Profile
The United States 12 Month Oil Fund, LP is an investment fund designed to provide exposure to the price movements of a broad spectrum of petroleum-based fuels. The fund's strategy involves investing primarily in futures contracts related to various types of oil and petroleum products. This includes light, sweet crude oil, as well as other crude oil types, diesel-heating oil, gasoline, and natural gas, offering a comprehensive approach to capturing the dynamics of the oil and energy markets.
The fund's core investment focuses on futures contracts for light, sweet crude oil, which are traded on the New York Mercantile Exchange (NYMEX). Light, sweet crude oil is a benchmark for the global oil market, and the fund leverages these futures contracts to track its price movements. By including a range of petroleum-based fuels in its portfolio, the fund aims to provide a diversified exposure to the broader energy sector, beyond just crude oil.
In addition to light, sweet crude oil, the fund also invests in futures contracts for other oil types and petroleum products. This strategy enables the fund to capture price trends and market fluctuations across different segments of the oil and energy markets. The diversification across various types of petroleum products helps manage risk and potentially enhances the fund's performance in varying market conditions.
The United States 12 Month Oil Fund, LP is designed for investors seeking to gain exposure to the oil and energy markets without the need to directly trade futures contracts. By investing in a range of futures contracts across different petroleum products, the fund offers a broad and diversified approach to participating in the energy sector. This structure aims to reflect the overall performance of the oil and petroleum markets, providing investors with a comprehensive and strategic investment in energy commodities.
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