---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-117092"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:52:23.033311+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# United States Brent Oil Fund posts net loss of $1.08M for October 2025; NAV per share $29.61

## Summary
- Net loss of $1,081,699 for month ended Oct 31, 2025; NAV per share $29.61 on 3.2M shares.
- Realized trading loss on commodity futures of $8.06M, partially offset by $6.76M unrealized gain.
- Total income (loss) of ($986,722); dividend income $223,891, interest $85,197.
- Net share redemptions of 200,000 shares ($6.15M net outflow); shares outstanding fell to 3.2M.
- Expenses totaled $94,977, including $59,216 management fees and $21,158 professional fees.

## SEC filing metadata
- accession: 0001104659-25-117092
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: other
- sentiment: neutral
- 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/1472494/000110465925117092/0001104659-25-117092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465925117092/tm2530912d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-117092
- JSON: https://secwatch.observer/filing/0001104659-25-117092.json
- Plain text: https://secwatch.observer/filing/0001104659-25-117092.txt

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