United States Brent Oil Fund reports net loss $18.4M for May; NAV per share $24.48

United States Brent Oil Fund, LP

Net loss of $18.4M for month ended May 31, 2023; net loss per share not provided.
NAV per share $24.48 vs. prior month-end not stated; shares outstanding 7.35M.
Realized trading loss on commodity futures of $21.0M; unrealized gain of $2.0M.
Total expenses $146k; management fees $123k; brokerage commissions $13k.
Net asset value decreased from $204.9M to $179.9M, reflecting losses and net share redemptions.

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