---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-084672"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2025-08-28T23:59:59+00:00"
generated_at: "2026-05-17T09:26:06.969554+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# United States Brent Oil Fund July 2025 net income $9.6M, NAV per share $31.90

## Summary
- Net income for July 2025: $9,607,050; driven by $16.0M unrealized gain on commodity futures.
- Net Asset Value end of month: $114,829,101 ($31.90 per share on 3.6M shares).
- Realized trading loss on commodity futures: ($6,691,450) for the month.
- Additions of 100,000 shares ($3.0M) and withdrawals of 50,000 shares ($1.6M).
- Monthly account statement filed pursuant to CFTC Rule 4.22.

## SEC filing metadata
- accession: 0001104659-25-084672
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2025-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472494/000110465925084672/0001104659-25-084672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465925084672/tm2523315d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-084672
- JSON: https://secwatch.observer/filing/0001104659-25-084672.json
- Plain text: https://secwatch.observer/filing/0001104659-25-084672.txt

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