United States Brent Oil Fund LP (BNO)
| Assets | $848.54M |
| Expense Ratio | 1.00% |
| PE Ratio | n/a |
| Shares Out | 14.00M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 631,439 |
| Open | 39.83 |
| Previous Close | 40.69 |
| Day's Range | 39.38 - 40.02 |
| 52-Week Low | 27.14 |
| 52-Week High | 60.81 |
| Beta | -0.05 |
| Holdings | 5 |
| Inception Date | Jun 2, 2010 |
About BNO
Fund Home PageThe United States Brent Oil Fund LP (BNO) is an exchange-traded fund that mostly invests in crude oil commodities. The fund tracks the Brent oil spot price using near-month ICE futures contracts. BNO was launched on Jun 2, 2010 and is issued by Marygold.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Brent Crude Future Sept 26 | CO6 | 47.99% |
| Drey Inst Pref Gov Mm Inst 6546 | n/a | 23.19% |
| Cash | n/a | 15.81% |
| Morgan Stanley Liq Govt Inst 8302 | n/a | 12.37% |
| Bny Cash Reserve | n/a | 0.64% |
Performance
BNO had a total return of 35.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.78%.
News
U.S. Crude Oil Inventories Extend Decline
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.8 million barrels to 408.4 million barrels in the week ended June 26, and were about 7% below the five-year average for ...
OPEC+ likely to raise oil output targets from August again, sources say
OPEC+ oil-producing countries will likely agree a further hike in their output targets from August when they meet on Sunday, three sources said on Wednesday, adding to supply at a time of falling pr...
Oil prices wobble as breakdown in U.S.-Iran talks casts doubt over peace process
Oil prices were lower after Iran said it would not meet with U.S. delegates for talks in Qatar. Brent crude futures dropped roughly 21% in June, notching its largest monthly decline since March 2020.
Natural Gas and Oil Forecast: WTI Defends $69.64 While Brent Holds $73.06 — NatGas Eyes Higher?
U.S. crude inventories stayed near minimum operating levels while refined product demand remained firm amid ongoing economic activity. WTI held $69.64 support, Brent defended $73.06, and Natural Gas c...
Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported
Iran says it has exported more than 40 million barrels of crude oil since the U.S. removed its naval blockade two weeks ago. Tehran is now selling oil at a 20% premium: chief negotiator Mohammad Baghe...
Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopes
Oil prices rose in early trade on Wednesday as investors responded to news that Iran will not be meeting with U.S. envoys, a further strain on the interim ceasefire agreed between the two in the four...
Crude Oil Price Forecast: Bearish Pressure Meets Key Support
Crude oil remains under bearish pressure after breaking below the 200-day moving average, but price is now testing a key multi-layer support zone where a potential base may form.
Oil Falls as Traders Weigh Middle East Return, Supply Glut Risks
Oil declined, with shipping traffic through the Strait of Hormuz picking up on hopes for a permanent US-Iran deal and a Wall Street bank issuing fresh warnings about a potential glut. Michelle Brouhar...
Oil Supply Won't Come Back as Quickly as Expected, Babin Says
Rebecca Babin, Senior Equity Trader at CIBC Private Wealth, discusses the current state of oil market dynamics. She says the market is overestimating the speed at which oil supply will return to pre-c...
U.S. crude oil hovers above $70 as Trump, Iran issue mixed messages on talks in Qatar
Oil prices were mixed as traders focused on the prospect of fresh talks between the U.S. and Iran in Doha. Trump has said talks will take place in Qatar's capital on Tuesday, although a spokesperson f...
Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.
Natural Gas and Oil Forecast: Oil Markets Stabilize on Strong US Production and Refinery Demand — NatGas Channel Holds?
WTI held at $70.09 defending key support, Brent stayed at $73.37, and Natural Gas traded at $3.167 inside an ascending channel. Technical setups and trade ideas inside.
Surprisingly quick oil price retreat eases urgency for ECB to act, sources say
The unexpectedly rapid retreat in energy prices in the past week has further taken pressure off European Central Bank policymakers to lift interest rates next month but the case for a small hike lat...
Oil falls as investors focus on potential Iran-US talks in Doha
Oil prices dropped on Tuesday, with investors eyeing the outcome of potential U.S.-Iran talks in Doha amid weekend missile fire from both sides that tested an interim ceasefire to end the four-month-...
Oil Falls on Possible Position Adjustments Before Expected U.S.-Iran Talks
Oil fell in early Asian trade. U.S. President Trump said on social media Monday that Iran had requested a meeting and that the meeting would take place in Doha on Tuesday.
Oil stocks in US Strategic Petroleum Reserve fall by 5.5 million to lowest level since 1983
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by 5.5 million barrels to 325.7 million barrels, the lowest level since May 1983, according to data from the Department of Energy.
Iraq's push for bigger OPEC quota driven by revenue pressures, new oil investment
An economic crisis caused by the Iran war and a fresh surge of investment by oil majors are driving Iraq's aggressive push for a higher OPEC production quota, potentially placing it on a collision co...
Hormuz Traffic Declines as Ship Attacks Spark New Concerns
Commercial traffic through the Strait of Hormuz this weekend persisted at a reduced level as a handful of vessels made open transits. Traffic was still higher than for most of the US-Iran war, but att...
Oil prices near pre-war levels — but persistent supply risks could spark a rebound, analysts warn
Strait of Hormuz shipping is unlikely to rebound quickly to pre-war levels, as companies grapple with unclear ceasefire terms, higher insurance costs and mine risks. Iran is set to continue to exert i...
Global oil market will be 'safer,' says NEC Director Kevin Hassett
White House National Economic Council Director Kevin Hassett joins 'Squawk Box' to discuss the impact of the U.S.-Iran conflict on energy prices, how inflation can be brought down, the state of the ec...
Crude Oil Lingers Near $70, CMCSA Splits Media Business & AI Memory Cools
The conflict between the U.S. and Iran wavered at the end of last week into the weekend, though hopes that tensions will cool offered reprieve for futures this morning. Tom White talks about the volat...
Natural Gas and Oil Forecast: WTI Under $71 While Brent Tests $73 — NatGas Channel Momentum?
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $63.01, Brent tests channel ...
Middle East producers push on with oil, LNG loadings despite ship attacks
Middle East producers are pushing ahead with loading oil and liquefied natural gas despite fresh ship attacks in the Strait of Hormuz and renewed strikes between the U.S. and Iran in recent days, sh...
Oil prices rise, stock futures inch higher as U.S. and Iran trade more airstrikes
Oil prices rose Sunday while U.S. stock-index futures advanced, after the U.S. and Iran continued to trade fire in the Persian Gulf, renewing fears that the Strait of Hormuz may effectively be shut ag...
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices rose on Monday following days of tit-for-tat strikes by the United States and Iran in the Middle East that underscored the fragility of their interim peace deal and again slowed ene...
Strategist Sees WTI Falling to $40 a Barrel
Rising oil prices are accelerating a supply glut in the Western Hemisphere, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone argues that growing production and improving technology coul...
Tanker struck in Strait of Hormuz as U.S.-Iran tensions escalate
A tanker in the Strait of Hormuz was reported struck by a projectile on Saturday, the latest escalation of tensions between the U.S. and Iran. The U.K. Maritime Trade Operations Centre said a vessel ...
U.S. Strikes Iran In Retaliation For Hit On Cargo Ship — Amid Fragile Ceasefire
U.S. crude oil dropped below $70 following the attack on the cargo ship, as more tankers reportedly navigated through the strait successfully. U.S. crude oil prices are now down over 26% in the last m...
Iraq seeks quota review as OPEC restores output allocations
Iraq's Oil Ministry said on Friday that OPEC has begun gradually restoring Iraq's pre-war production allocations, a move it said would strengthen Iraq's output capacity and support recovery of its o...
US crude oil falls below $70 a barrel despite Iranian attack on cargo ship
US crude oil dipped below $70 a barrel Friday as traders remained optimistic about tanker traffic flow through the Strait of Hormuz – even after an Iranian attack on a cargo ship paused a large-scale ...
Oil may no longer pose the same threat to the global economy — but another risk ‘may be around the corner,' says Citigroup
Economists at the investment bank wrote that an El Niño could disrupt agriculture, infrastructure and productivity
Oil heads for another losing week, but analyst warns sluggish Strait of Hormuz traffic could send price soaring again
Iran warned on Thursday that vessels not following approved routes would be be dealt with ‘accordingly,' and a U.N. organization paused ship-evacuation efforts at the strait.