tiprankstipranks
Company Announcements

United States Brent Oil Fund Reports September Losses

Don't Miss Our Christmas Offers:

United States Brent Oil Fund LP ( (BNO) ) has provided an announcement.

United States Brent Oil Fund, LP reported a net loss of over $11.8 million for September 2024, driven by significant realized and unrealized losses in commodity futures, despite gains from dividends and interest income. The fund saw an increase in net asset value to $216.3 million, attributed to share additions, with each share valued at $28.28 by the month’s end.

Learn more about BNO stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskUnited States Brent Oil Fund Reports October Net Income
TipRanks Auto-Generated NewsdeskUnited States Brent Oil Fund LP Faces Monthly Financial Losses
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App