United States Brent Oil Fund LP
BNO is the United States Brent Oil Fund, LP — an exchange-traded product designed to provide exposure to Brent crude oil prices by investing in front-month Brent futures and related contracts. It does not hold physical oil; returns come from changes in futures prices and can diverge from spot Brent because of tracking error, roll yield and funding costs. BNO is often used by investors and traders seeking direct commodity exposure or a way to hedge positions sensitive to global oil prices. The fund can be highly volatile and is influenced by supply–demand dynamics, geopolitics, OPEC decisions and macroeconomic trends. Fees, liquidity and futures contango or backwardation can materially affect performance. This information is educational and not personal financial advice — energy commodities can fall as well as rise, so consider suitability, time horizon and risk tolerance before investing.
Stock Performance Snapshot
Dividend
United States Brent Oil Fund LP does not pay a dividend, which may be due to reinvesting profits for growth. If you invested $1000, you would be paid $0 a year in dividends.
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Baskets Featuring BNO
Energy Market Shake-Up: The US-India Oil Dispute
The US has threatened to impose significant tariffs on India for purchasing Russian crude oil, causing a spike in global oil prices. This geopolitical friction could create opportunities for non-Russian oil producers and companies developing alternative energy solutions as nations seek more stable energy supplies.
Published: August 6, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Commodity exposure explained
BNO provides a way to track Brent crude using futures contracts, offering direct commodity exposure — though futures-based funds can deviate from spot prices.
Global oil dynamics
Supply, demand, geopolitics and OPEC policy all influence Brent prices, making BNO sensitive to macro and regional events; outcomes can be unpredictable.
Short-term volatility
Investors may use BNO for trading or hedging because of price swings, but be mindful of roll costs, tracking error and the possibility of rapid losses.
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