What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2024-02-29 compared with 2023-02-27 · 1 added, 1 removed, 33 unchanged (6% of the section changed)

29 unchanged sentences

As a result, it may be difficult to obtain an independent value for an outstanding OTC derivatives transaction.

During the reporting period of this annual report on Form 10-K, USL limited its derivatives activities to Oil Futures Contracts EFRP transactions.

During the reporting period of this annual report on Form 10-K, USL has limited its OTC activities to Oil Futures Contracts EFRP transactions.

USL anticipates that the use of Other Oil-Related Investments together with its investments in Oil Futures Contracts will produce price and total return results that closely track the investment goals of USL.

2 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.