other material
confidence medium
sentiment neutral
materiality 0.20
USCF (GP of Brent Oil Fund) files audited financials showing $5.3M member equity
United States Brent Oil Fund, LP
- Total assets $7.13M at Dec 31, 2024, down from $8.69M a year earlier.
- Cash and cash equivalents $2.27M vs $2.63M in 2023.
- Member's equity decreased to $5.28M from $6.22M.
- Management fees receivable from funds totaled $1.23M, primarily USO and UNG.
- Note 5 discloses ongoing legal proceedings including Optimum Strategies Action.