Business
United States Brent Oil Fund, LP seeks daily NAV changes that reflect daily changes in the spot price of Brent crude oil, measured through a short-term Brent crude futures contract.
BNO is a Brent crude commodity pool, not an operating company; FY2025 reflected negative fund revenue and net loss as crude-futures exposure moved against it.
The read at a glance✓ Audited against SEC data
- Business mix — Brent crude futures fundNote
- Objective — Daily NAV tied to Brent futuresNote
- Revenue row — -$5.2MWatch
- Net income — -$4.1MWatch
- Cash from ops — -$3.7MWatch
- Insiders — 0 purchases / 0 salesNote
- Accounting — Forensic screens unavailableNote
Leadership changes
From United States Brent Oil Fund, LP's own filings, the day they're filed.
- Robert L. Nguyen · Director · departureeff. 2025-05-31
- United States Brent Oil · Director · departureeff. 2025-05-31
Latest filings
- 8-K · Company announcement2026-08-28
- 10-Q · Quarterly report2026-08-07
- 8-K · Company announcement2026-07-29
- 8-K · Company announcement2026-06-29
- 8-K · Company announcement2026-05-28
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about United States Brent Oil Fund, LP, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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