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United States Brent Oil Fund LP ( (BNO) ) just unveiled an announcement.
The United States Brent Oil Fund, LP reported a net loss of $467,258 for November 2024, attributed to a realized trading loss on commodity futures, despite gains in unrealized market value and other income sources. The net asset value decreased to $132,382,020, with a net asset value per share of $28.78, reflecting the impact of trading losses and shareholder withdrawals during the month.
More about United States Brent Oil Fund LP
United States Brent Oil Fund, LP operates within the commodity investment industry, focusing on investing in futures contracts for Brent crude oil. The company aims to reflect the daily changes in percentage terms of the spot price of Brent crude oil, offering investors a means to gain exposure to the oil market without directly investing in physical oil.
YTD Price Performance: 7.47%
Average Trading Volume: 552,747
Current Market Cap: $110.9M
For a thorough assessment of BNO stock, go to TipRanks’ Stock Analysis page.
