---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-093798"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2024-08-28T23:59:59+00:00"
generated_at: "2026-05-31T07:09:34.867046+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# United States Brent Oil Fund reports July loss of $4.7M; NAV per share drops to $31.10

## Summary
- Net loss of $4.73M for July, driven by $5.15M in realized and unrealized trading losses on commodity futures.
- NAV per share fell from $35.75 at June end to $31.10; total NAV down 13% to $111.96M.
- Fund had net redemptions of 400,000 shares in July (350,000 additions, 750,000 withdrawals).
- Dividend and interest income of $540K was insufficient to offset trading losses.

## SEC filing metadata
- accession: 0001104659-24-093798
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2024-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472494/000110465924093798/0001104659-24-093798-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465924093798/tm2421763d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-093798
- JSON: https://secwatch.observer/filing/0001104659-24-093798.json
- Plain text: https://secwatch.observer/filing/0001104659-24-093798.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.