United States Brent Oil Fund reports monthly financials

The United States Brent Oil Fund, LP (NYSE Arca:BNO) has disclosed its monthly account statement for April 2025, as required by the Commodity Exchange Act. The statement, which includes a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, was released today and is available on the fund’s website. The fund, currently trading at $27.59, has seen its shares decline approximately 9% year-to-date, though InvestingPro data shows strong returns over the past five years.

The United States Brent Oil Fund, a Delaware limited partnership, operates as a commodity pool that issues shares traded on the NYSE Arca. Its primary goal is to track the movements of Brent crude oil prices, with the fund currently maintaining a market capitalization of $87.26 million. The fund’s financial statements are not considered filed for purposes of the Securities Exchange Act of 1934, nor are they incorporated by reference into any filings under the Securities Act of 1933, unless explicitly stated in such filings.

The 8-K filing also confirms that the fund is not an emerging growth company as defined by the Securities Act and does not fall under the extended transition period for complying with new or revised financial accounting standards.

This disclosure aligns with the fund’s commitment to transparency and provides investors with a regular update on its financial status. The report is based on a press release statement and does not imply any endorsement of the fund’s performance.

In other recent news, the United States Brent Oil Fund has released several financial statements, providing insights into its financial performance. The fund disclosed its monthly financial statement for March 2025, which includes a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as part of its regulatory obligations. Additionally, the fund has made available its annual financial statements for the year ending December 31, 2024, offering a transparent view of its financial health. These statements are part of the fund’s commitment to regular updates and are accessible on its website.

The fund also reported its audited financial statements for the years ending December 31, 2024, and 2023, which were filed with the Securities and Exchange Commission. These disclosures are intended to keep investors informed about the fund’s financial condition, although they are not deemed "filed" for certain regulatory purposes. Furthermore, Barclays (LON:BARC) noted a significant reduction in net long positions on Brent crude, highlighting a shift in investor sentiment in the commodities market. This change aligns with recent fluctuations in Brent prices, influenced by various geopolitical and economic factors.

The United States Brent Oil Fund has also filed its monthly account statement for January 2025, detailing its income and net asset value changes. These updates are crucial for investors looking to assess the fund’s performance relative to the Brent crude oil market. The fund’s general partner, United States Commodity Funds LLC, ensures compliance with regulatory requirements, with Chief Financial Officer Stuart P. Crumbaugh affirming the accuracy of the reports.

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