28-Aug-2026
No press releases found.
U.S. secures 65B barrels of oil reserves in sweeping deal with Venezuela, Trump announces
Seeking Alpha News (Fri, 28-Aug 8:02 PM ET)
U.S. secures 65B barrels of oil reserves from Venezuela, Trump announces
Seeking Alpha News (Fri, 28-Aug 8:02 PM ET)
Oil futures fall as Persian Gulf exports may have recovered to two-thirds of pre-war levels
Seeking Alpha News (Fri, 28-Aug 7:15 PM ET)
U.S. drilling rig count flat in latest Baker Hughes survey
Seeking Alpha News (Fri, 28-Aug 4:05 PM ET)
United States 12 Month Oil Fund Posts Strong July Results
TipRanks (Fri, 28-Aug 9:39 AM ET)
Venezuela said to weigh OPEC exit after more than 6 decades
Seeking Alpha News (Fri, 28-Aug 4:18 AM ET)
Crude oil rebounds as Trump reportedly rejects return to Iran ceasefire deal terms
Seeking Alpha News (Thu, 27-Aug 7:50 PM ET)
Qatar and Kuwait add to growing oil exports through Hormuz, restoring 70% of pre-war flows
Seeking Alpha News (Thu, 27-Aug 10:44 AM ET)
U.S. diesel inventories reach record low with winter heating season approaching
Seeking Alpha News (Wed, 26-Aug 7:55 PM ET)
Russia prepares Ukraine escalation as talks collapse - report
Seeking Alpha News (Wed, 26-Aug 12:21 PM ET)
The investment objective of USL is to have the changes in percentage terms of the units net asset value reflect the changes in percentage terms of the price of light sweet crude oil delivered to Cushing Oklahoma as measured by the changes in the average of the prices of 12 Futures Contracts on crude oil traded on the New York Mercantile Exchange (the Benchmark Futures Contracts) consisting of the near month contract to expire and the contracts for the following eleven months for a total of 12 consecutive months contracts except when the near month contract is within two weeks of expiration in which case it will be measured by the futures contracts that are the next month contract to expire and the contracts for the following eleven consecutive months less USLs expenses. When calculating the daily movement of the average price of the 12 contracts each contract month will be equally weighted.
United States 12 Month Oil trades on the ARCA stock market under the symbol USL.
As of August 28, 2026, USL stock price climbed to $51.26 with 2,862 million shares trading.
USL has a beta of -0.55, meaning it tends to be less sensitive to market movements. USL has a correlation of 0.05 to the broad based SPY ETF.
USL has a market cap of $43.57 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, USL traded as high as $56.75 and as low as $31.00.
USL has outperformed the market in the last year with a price return of +41.4% while the SPY ETF gained +19.7%. However, in the short term, USL had mixed performance relative to the market. It has underperformed in the last 3 months, returning -1.6% vs +2.2% return in SPY. But in the last 2 weeks, USL shares have fared better than the market returning +1.0% compared to SPY -0.9%.
USL support price is $50.29 and resistance is $52.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USL shares will trade within this expected range on the day.