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United States Brent Oil Fund LP ( (BNO) ) has shared an update.
United States Brent Oil Fund, LP reported its monthly financial results for March 2026, showing net income of $138.4 million driven primarily by $145.4 million in realized trading gains on commodity futures, partially offset by $8.2 million in unrealized losses. After modest expenses of $0.4 million, the fund’s net asset value rose from $213.2 million at the start of March to $951.7 million at month-end, reflecting significant capital additions and leaving NAV per share at $51.86.
The March 2026 account statement also recorded substantial investor inflows, with 12.9 million new shares added and 0.7 million shares withdrawn, signaling robust demand for Brent oil exposure during the period. The results, certified as accurate by the fund’s chief financial officer under Commodity Exchange Act rules, underscore a sharp expansion in the fund’s asset base and highlight the performance sensitivity of the vehicle to Brent crude futures trading outcomes.
More about United States Brent Oil Fund LP
United States Brent Oil Fund, LP is a commodity pool that offers investors exposure to Brent crude oil futures, providing a way to participate in price movements of the international oil benchmark. The fund operates under the Commodity Exchange Act framework and is managed by United States Commodity Funds LLC, focusing on futures-based energy investment products for U.S. market participants.
Average Trading Volume: 5,742,581
Current Market Cap: $817.6M
Learn more about BNO stock on TipRanks’ Stock Analysis page.