Highest-materiality recent filing
BNO reports net loss of $127.4M for May 2026; NAV per share $50.17
Net loss of $127.4M driven by $265.7M unrealized loss partially offset by $136.5M realized gain.
US Brent Oil Fund reports $81.2M net income for April; NAV per share rises to $58.20
Net income of $81.2M; realized trading loss of $70.5M offset by $149.8M unrealized gain on futures.
US Brent Oil Fund (BNO) reports March 2026 net income of $138.4M, NAV up to $951.7M
Net income of $138.4M from realized gains of $145.4M on commodity futures.
BNO reports Feb 2026 net income of $11.6M; NAV per share $34.67
Net income of $11.58M for month ended Feb 28, 2026, includes $10.8M realized trading gain.
BNO reports 2025 net loss of $4.1M vs net income of $10.6M in 2024
Net loss per share $1.85 (basic) vs net income of $2.75 in 2024.
USCF (GP of BNO) reports $6.7M in assets, $5.1M equity as of Dec 2025
Total assets $6,712,164 as of Dec 31, 2025 vs $7,128,612 in 2024.
United States Brent Oil Fund reports Jan 2026 NAV $32.65; net income $16.38M
Net income of $16.38M for Jan 2026 from $8.59M realized and $7.57M unrealized gains on Brent futures.
United States Brent Oil Fund reports December 2025 net loss of $1.7M, NAV per share $28.29
Net loss of $1,706,280 for month ended Dec 31, 2025; net asset value per share $28.29 on 3.55M shares.
United States Brent Oil Fund reports November 2025 net loss of $2.7M, NAV per share $28.79
Net loss of $2,708,289 for month ended November 30, 2025.
United States Brent Oil Fund posts net loss of $1.08M for October 2025; NAV per share $29.61
Net loss of $1,081,699 for month ended Oct 31, 2025; NAV per share $29.61 on 3.2M shares.
United States Brent Oil Fund reports Sept 2025 net loss of $1.3M; NAV per share $29.99
Net loss of $1,285,663 for month ended Sept 30, 2025.
US Brent Oil Fund reports August net loss of $5.6M; NAV $30.34/share
Net loss of $5.6M for August 2025, with realized trading loss of $3.2M and unrealized loss of $2.7M.
United States Brent Oil Fund July 2025 net income $9.6M, NAV per share $31.90
Net income for July 2025: $9,607,050; driven by $16.0M unrealized gain on commodity futures.
United States Brent Oil Fund reports net income of $6.9M for June; NAV per share $29.24
Net income of $6.86M on total income of $6.95M; realized futures gain $14.7M offset by $8.06M unrealized loss.
BNO reports May 2025 net income of $3.1M; NAV per share $26.90
Net income of $3,106,169 for May 2025; total income $3,192,778, expenses $86,609.
BNO reports $16.16M net loss for April 2025; NAV per share drops to $25.85
Net loss of $16,160,178 for month ended April 30, 2025, including $4.98M realized trading loss and $11.39M unrealized loss.
Robert L. Nguyen resigns as Management Director of USCF, effective May 31, 2025
Robert L. Nguyen tendered resignation as Management Director of USCF (general partner of BNO).
BNO March 2025 monthly account: NAV $31.13, net income $3.6M
Net income of $3,622,900 for March 2025; NAV per share $31.13 on 3.15M shares.
BNO reports February 2025 net loss of $2.99M; NAV per share $30.03
Net loss of $2,988,184 for month ended Feb 28, 2025, driven by $3.48M realized trading loss.
United States Brent Oil Fund reports 2024 net income of $10.6M, NAV per share $30.14
Net income of $10.6M in 2024 vs net loss of $4.1M in 2023; EPS $2.75 basic, $2.17 weighted avg.
USCF (GP of Brent Oil Fund) files audited financials showing $5.3M member equity
Total assets $7.13M at Dec 31, 2024, down from $8.69M a year earlier.
BNO monthly account statement shows net income of $4.3M for January 2025, NAV per share $30.99
Net income of $4.26M from realized trading gain $10.1M and unrealized loss $6.1M.
United States Brent Oil Fund reports Dec net income $5.69M; NAV per share $30.14
Net income for December 2024: $5.69M, from $2.02M realized and $3.35M unrealized gains on commodity futures.
BNO reports monthly account statement; net loss of $467K for November 2024
Net loss of $467,258 for month ended Nov 30, 2024, vs beginning NAV of $134.7M.
BNO October 2024 net income $7M; NAV down to $134.7M on net redemptions
Net income of $7.0M from $5.2M realized trading gains and $1.3M unrealized gains.
United States Brent Oil Fund reports $11.9M net loss for September; NAV $28.28
Net loss of $11.86 million for September 2024, driven by $8.6M realized and $3.9M unrealized futures losses.
BNO reports net loss of $5.9M for August; NAV per share $29.94
Net loss of $5.9M for month ended August 31, 2024, on total income (loss) of $(5.72M).
United States Brent Oil Fund reports July loss of $4.7M; NAV per share drops to $31.10
Net loss of $4.73M for July, driven by $5.15M in realized and unrealized trading losses on commodity futures.
United States Brent Oil Fund reports June 2024 net income of $7.4M, NAV per share $32.17
Net income of $7.40M for June 2024; realized trading gain $2.49M, unrealized gain $4.51M.
Brent Oil Fund posts net loss of $7.2M for May; NAV per share $30.34
Net loss of $7,196,961 for May 2024; realized trading loss of $6,278,230 on commodity futures.
Brent Oil Fund posts monthly net income of $429,673 for April 2024
Net asset value per share at April 30, 2024: $32.08, with 4,150,000 shares outstanding.
BNO reports March 2024 net income of $9.4M; NAV ends month at $134.2M
Net income of $9,376,225 for month ended March 31, 2024, driven by $6.4M realized trading gain.
United States Brent Oil Fund reports February net income $3.58M, NAV per share $29.75
Net income of $3,579,930 for month ended February 29, 2024.
BNO posts $4.1M net loss in 2023, NAV per share down to $27.39
Net loss of $4.09M in 2023 vs net income of $82.57M in 2022; net loss per share $0.87.
USCF (GP of BNO) files 2023 audited financials; cash down 68%, equity down 40%
Cash and equivalents fell to $2.6M from $8.2M at Dec 31, 2022; total assets $8.7M vs $13.3M.
US Brent Oil Fund reports Jan 2024 net income of $7.3M, NAV per share $28.89
Net income for January: $7,260,722 on total income of $7,399,874 and expenses of $139,152.
BNO reports net loss of $6.1M for December 2023; NAV $27.39/share
Net loss of $6,127,848 for December 2023; net asset value per share $27.39 (4.75M shares).
US Brent Oil Fund reports Nov 2023 net loss of $7.1M; NAV per share drops to $28.72
Net loss of $7,073,816 for month ended Nov 30, 2023; realized trading loss of $17.3M offset by $9.7M unrealized gain.
Brent Oil Fund posts net loss of $9.7M for October; NAV per share $30.10
Net loss of $9.7M for October, driven by $7.9M unrealized and $2.3M realized trading losses.
Dismissed Spicer Jeffries LLP as independent auditor for FY ending Dec 31, 2023, effective Nov 14, 2023.
US Brent Oil Fund reports $12.65M net income for September; NAV per share $32.06
Net income of $12.65M for month ended Sep 30, 2023, from $18.88M realized futures gains and $6.8M unrealized loss.
US Brent Oil Fund (BNO) reports August 2023 net income of $3.95M; NAV per share $29.74
Net income of $3,954,909 for August 2023, with realized trading gains of $10.5M offset by unrealized losses of $7.2M.
US Brent Oil Fund July net income $21.9M; NAV per share $29.02
Net income of $21,912,528 for July 2023 from $7.5M realized and $13.9M unrealized gains.
BNO adds ADM Investor Services as FCM; Marex reorganization no material impact
On August 8, 2023, BNO entered a Customer Account Agreement with ADM Investor Services (ADMIS) as additional futures commission merchant.
Brent Oil Fund (BNO) June net income $7.7M; NAV $25.49/unit
Net income $7.74M on total income $7.87M and expenses $0.13M for month ended June 30, 2023.
United States Brent Oil Fund reports net loss $18.4M for May; NAV per share $24.48
Net loss of $18.4M for month ended May 31, 2023; net loss per share not provided.
United States Brent Oil Fund reports net income of $5.0M for April; NAV per share $26.97
Net income of $5,001,298 for month ended April 30, 2023, driven by $30.95M realized trading gain.
US Brent Oil Fund reports net loss of $8.9M for March 2023; NAV per share $26.63
Net loss of $8,919,005 for March; realized trading loss on futures of $28,633,850 partially offset by $19,035,890 unrealized gain.
Nicholas D. Gerber and Andrew F Ngim resigned as management directors of USCF, effective April 1, 2023.
US Brent Oil Fund reports $4.1M net loss for February 2023
Net loss of $4,129,571 for month ended Feb 28, 2023; realized trading loss of $4,190,960.
On May 19, 2025, Mr. Robert L. Nguyen tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”), which is the general partner of the United States Brent Oil Fund, LP (the “Registrant”).
On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.
On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”), which is the general partner of the United States Brent Oil Fund, LP (the “Registrant”).
On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.
On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”), which is the general partner of the United States Brent Oil Fund, LP (the “Registrant”).
Max materiality 0.65 · Median 0.25 · Most common event other_material