United States Brent Oil Fund, LP logo

United States Brent Oil Fund, LP (BNO)

Market Closed
22 Jul, 20:00
ARCA ARCA
$
51. 42
+0.86
+1.7009%
$
193.34M Market Cap
- Div Yield
1.83M Volume
$ 50.56
Previous Close
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Day Range
50.92 51.67
Year Range
27.14 60.81
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A flood of oil is set to hit energy markets. Here's how much crude may be unleashed.

A flood of oil is set to hit energy markets. Here's how much crude may be unleashed.

Despite a fragile U.S.-Iran cease-fire and fears of an uneven recovery, millions of barrels of crude oil are already lined up over the short term.

Marketwatch | 1 month ago
Iranian Oil Is About to Flood the Market. Has the Fed's Biggest Pressure Valve Been Released?

Iranian Oil Is About to Flood the Market. Has the Fed's Biggest Pressure Valve Been Released?

Inflation has been the market's dominant concern.

247wallst | 1 month ago
U.S. oil prices fall below $74 a barrel on 60-day pause on Iranian oil sanctions

U.S. oil prices fall below $74 a barrel on 60-day pause on Iranian oil sanctions

Oil prices fall on hopes that more Iranian crude will hit the global market as supplies near critically low levels.

Marketwatch | 1 month ago
Trump ‘jawboning' has masked a global oil-supply disaster, and the reality could mean $135 crude, says industry veteran

Trump ‘jawboning' has masked a global oil-supply disaster, and the reality could mean $135 crude, says industry veteran

Author and former trader Dan Dicker says President Donald Trump's rhetoric can only take the market so far,

Marketwatch | 1 month ago
China-led EV boom could cut oil demand and send Brent to $55, Goldman says

China-led EV boom could cut oil demand and send Brent to $55, Goldman says

A sharp acceleration in electric vehicle sales could reduce global oil demand by as much as 320,000 barrels a day by the end of next year, according to Goldman Sachs, as energy prices retreat towards levels seen before the Iran war. The bank said global EV penetration reached 26.1% of total passenger car sales in May, up 3.4 percentage points since February and close to a record high.

Proactiveinvestors | 1 month ago
Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again

Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again

Shipping stalled through the strategically vital Strait of Hormuz over the weekend, according to maritime intelligence company Windward. The data shows that a recovery in oil tanker traffic through the world's most important oil choke point just last week appears to have already hit a snag.

Cnbc | 1 month ago
Oil Prices Fall as Mediators Ease U.S.-Iran Tensions After Hormuz Closure

Oil Prices Fall as Mediators Ease U.S.-Iran Tensions After Hormuz Closure

Qatar and Pakistan announced that the U.S. and Iran had agreed to a mechanism to ensure the termination of military operations in Lebanon.

Barrons | 1 month ago
Stocks slip in Asia, oil up on peace doubts

Stocks slip in Asia, oil up on peace doubts

Most share markets slipped in Asia on ​Monday as doubts about the Middle East peace process sent oil prices and bond yields up again, leading investors to ‌price in more risk of higher U.S. interest rates.

Reuters | 1 month ago
Oil Falls to 3-Month Low After Trump's Iran Deal. What It Means for Inflation

Oil Falls to 3-Month Low After Trump's Iran Deal. What It Means for Inflation

A framework peace agreement between the Trump administration and Iran has shifted the outlook for energy prices and inflation heading into the new week, as discussed on Friday's edition of Maria Bartiromo's “Mornings with Maria” on Fox Business.

247wallst | 1 month ago
Why oil isn't spiking: Iran ships 20 million barrels while China slashes imports

Why oil isn't spiking: Iran ships 20 million barrels while China slashes imports

The sudden release of supply helped drive oil sharply lower from its spring highs and briefly pushed gasoline below $4 a gallon in parts of the US.

Nypost | 1 month ago
Oil shipments rise in Hormuz although questions grow over Iran's transit terms

Oil shipments rise in Hormuz although questions grow over Iran's transit terms

Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway.

Reuters | 1 month ago
Hormuz Reopening Shifts Focus to Gulf Oil Storage and Shipping

Hormuz Reopening Shifts Focus to Gulf Oil Storage and Shipping

Recovery hinges both on whether tankers can freely transit the strait, and if the region's oil producers can load enough crude once these vessels are ready to sail, according to Rystad Energy.

Wsj | 1 month ago
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