United States Brent Oil Fund reports monthly figures

Today, the United States Brent Oil Fund, LP (NYSE Arca:BNO), a commodity exchange-traded product currently trading at $29.92 with a market capitalization of $93.81 million, disclosed its monthly account statement for January 2025, revealing its income (loss) and changes in net asset value. The report, which is a regulatory requirement under the Commodity Exchange Act, was filed with the Securities and Exchange Commission (SEC) and is also available on the fund’s website.

The statement provides investors with an update on the fund’s financial performance, which includes comprehensive details of its income and net asset value changes over the past month. The United States Brent Oil Fund, LP, managed by United States Commodity Funds LLC, is designed to track the price movements of Brent crude oil and is a popular investment vehicle for those looking to gain exposure to the oil market. Trading between its 52-week range of $26.77 to $33.91, the fund maintains a "GREAT" financial health score according to InvestingPro analysis.

The fund’s monthly account statement is a crucial document for investors, as it provides a snapshot of the fund’s financial health and performance. It is important to note that the information furnished in the report, along with the exhibits attached, is not considered "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section. Additionally, it should not be assumed to be incorporated by reference into any filings under the Securities Act of 1933, unless specifically referenced in such filings.

Investors and stakeholders can access the monthly account statement directly from the United States Brent Oil Fund’s website. This disclosure ensures transparency and provides the necessary information for making informed investment decisions. InvestingPro analysis reveals important insights about BNO, including weak gross profit margins and no dividend payments. Subscribers can access additional financial metrics and expert analysis to make more informed investment decisions.

The filing of this report on Form 8-K by the United States Brent Oil Fund, LP aligns with its commitment to regulatory compliance and investor communication. The fund’s general partner, United States Commodity Funds LLC, has ensured the timely execution of this report, with Stuart P. Crumbaugh, the Chief Financial Officer, signing off on the document dated today.

The information presented in this article is based on the press release statement from the SEC filing.

In other recent news, the United States Brent Oil Fund, LP has released its monthly financial statements for the months ending October, November, and December 2024. These reports, mandated by the Commodity Exchange Act, include a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, providing transparency to investors about the fund’s performance. The financial data, although not considered "filed" for regulatory purposes, is accessible to the public on the fund’s website. Stuart P. Crumbaugh, the Chief Financial Officer of United States Commodity Funds LLC, signed these reports, underscoring the fund’s commitment to transparency. The fund is designed to track Brent crude oil prices, offering investors exposure to this major global oil benchmark. Investors and market watchers rely on these disclosures to gauge the fund’s financial health and performance. The fund’s management ensures compliance with SEC reporting requirements, maintaining regular updates for its investors. These developments provide investors with essential insights into the fund’s financial status and operational results.

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