Futures Contract Financial Outcome Analysis

After extensive analysis of market conditions, an investor has decided to enter into a long futures contract on crude oil. The futures price is set at $70 per barrel. The investor anticipates that by the time the contract matures in six months, the price of crude oil will rise significantly. However, unexpected geopolitical events lead to a large drop in oil prices, and at maturity, the price settles at $60 per barrel.

What will be the financial outcome for the investor at the expiration of this futures contract?