United States Brent Oil Fund
BNO

$27.86

1.59%

Market Cap: $201M

Financials Commodity Contracts Brokers & Dealers

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

147% more call options, than puts

Call options by funds: $4.84M | Put options by funds: $1.96M

12.37% more ownership

Funds ownership: 14.4% [Q1] → 26.76% (+12.37%) [Q2]

5% less funds holding

Funds holding: 37 [Q1] → 35 (-2) [Q2]

15% less capital invested

Capital invested by funds: $40.2M [Q1] → $34M (-$6.21M) [Q2]

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

25% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 12

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Research analyst outlook

We haven’t received any recent analyst ratings for BNO.

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Financial journalist opinion

Based on 257 articles about BNO published over the past 30 days

Oil News: Will Weak Demand from China and U.S. Drag Crude Prices Lower This Week?

China's economic slowdown hits crude oil demand, while OPEC+ raises production—will oil prices drop further this week? Full analysis and forecast.

Oil News: Will Weak Demand from China and U.S. Drag Crude Prices Lower This Week?

Goldman Sachs expects OPEC+ production increases to start in December

Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December instead of October, the bank said in a note on Friday.

Goldman Sachs expects OPEC+ production increases to start in December

CNBC Television

BofA cuts 2025 oil forecast as oil wraps up its worst week since October 2023

Francisco Blanch, BofA Securities head of commodities and derivatives research, joins 'Fast Money' to discuss BoA's cut on Brent crude oil.

BofA cuts 2025 oil forecast as oil wraps up its worst week since October 2023

Why OPEC's Decisions Impact The U.S.

Earlier this year, OPEC and its partners announced that it would begin to ease production cuts for members in the fall. However, with oil prices in steep decline, the group just announced a pause in these plans.

Why OPEC's Decisions Impact The U.S.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows On Demand Concerns

Oil traders stay focused on economic data from the U.S. and China.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows On Demand Concerns

Crude Weekly Price Forecast – Crude Continues to Look Weak

The oil markets continue to look weak at the moment, as this past week has been dreadful. The market will continue to see a lot of volatility, but it is worth noting that the market is a leading economic indicator.

Crude Weekly Price Forecast – Crude Continues to Look Weak

BofA lowers 2025 Brent forecast by $5/bbl on softer demand

Bank of America Global Research on Friday downgraded its 2025 Brent price forecast by $5 to $75 per barrel, citing weaker demand, particularly from China, and significant inventory builds.

BofA lowers 2025 Brent forecast by $5/bbl on softer demand

Crude Oil Price Forecast – Crude is Trying to Fight Back

In the early hours of Friday, we saw crude oil try to recover from the relentless selling pressure. At this point in time, we could be looking at a signal that things are about to get worse from an economic standpoint.

Crude Oil Price Forecast – Crude is Trying to Fight Back

Oil prices set for worst week since October 2023 as OPEC+ fails to reassure market

The Brent global benchmark has fallen 7.2% and is on pace for its worst week since October 2023. The U.S. benchmark is down 5.4% for its worst week since early May.

Oil prices set for worst week since October 2023 as OPEC+ fails to reassure market

Oil Demand Worries And Natural Gas Supply Risks

Demand concerns and prospects for a supply surplus in 2025 have weighed on oil prices. We've revised lower our Brent forecast for the rest of the year.

Oil Demand Worries And Natural Gas Supply Risks

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