United States Brent Oil Fund reports audited financials

Today, the United States Brent Oil Fund, LP (NYSE Arca:BNO), disclosed its audited financial statements for the years ending December 31, 2024, and 2023. The report, filed with the Securities and Exchange Commission (SEC), provides a comprehensive overview of the fund’s financial condition. Currently trading at $30.13, BNO has a market capitalization of $93.81 million and maintains average daily trading volume of 410,000 shares, according to InvestingPro data.

The United States Commodity Funds LLC (USCF), acting as the general partner for the Registrant, submitted the audited Statements of Financial Condition as part of the regulatory requirement. The documents reveal the financial position of the USCF at the close of the last two fiscal years. InvestingPro analysis shows the fund maintains a "GREAT" financial health score of 3.23, suggesting robust operational stability.

The filing specifies that the information, including the financial statements, is not to be considered "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it to be deemed incorporated by reference into any filings under the Securities Act of 1933, except where explicitly stated in such filings.

This Form 8-K report, dated Monday, March 24, 2025, is a routine disclosure that publicly traded companies are obliged to make to keep investors informed about significant financial data. It is important to note that the information provided in this report is based on the press release statement from the United States Brent Oil Fund, LP.

Investors and stakeholders now have access to the latest audited financial information, which can be used to assess the performance and financial health of the United States Brent Oil Fund, LP. The fund is incorporated in Delaware, with its principal executive offices located in Walnut Creek, California.

The United States Brent Oil Fund, LP trades under the ticker symbol BNO on the NYSE Arca, Inc. It is one of several funds managed by USCF that provide exposure to commodities for investors looking to diversify their portfolios.

The announcement does not include any forward-looking statements or predictions about future performance. Instead, it sticks to presenting the historical financial data as required by regulations.

In other recent news, the United States Brent Oil Fund, LP has disclosed its monthly financial statements for January 2025, December 2024, and November 2024. These reports, filed with the Securities and Exchange Commission, include detailed statements of income and changes in net asset value. The fund, managed by United States Commodity Funds LLC, provides investors with exposure to Brent crude oil price movements. The financial disclosures are accessible on the fund’s website, ensuring transparency and aiding investors in making informed decisions. Additionally, Barclays (LON:BARC) reported a significant reduction in net long positions on Brent crude, which have halved over the past month. This shift reflects growing investor cautiousness about the short-term commodity price landscape. Barclays’ report highlights the current market influences, including geopolitical dynamics and economic policy expectations. These recent developments offer insights into the evolving landscape of the Brent crude market.

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