US Brent Oil Fund (BNO) reports March 2026 net income of $138.4M, NAV up to $951.7M

United States Brent Oil Fund, LP

Net income of $138.4M from realized gains of $145.4M on commodity futures.
NAV rose from $213.2M to $951.7M during March, driven by $633M in share creations.
Shares outstanding increased from 6.15M to 18.35M (net 12.2M new shares created).
NAV per share at month-end $51.86.
Total expenses $0.4M, mainly management fees $0.33M.

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