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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It could take 6-10 weeks for things to return to normal after Hormuz reopens: Dan Pickering

It could take 6-10 weeks for things to return to normal after Hormuz reopens: Dan Pickering

Dan Pickering, CIO of Pickering Energy Partners, discusses his outlook on the oil market ahead of the signing of the U.S.-Iran deal to end the war, and why it's unlikely that oil will fall to the $60 per barrel level.

Youtube | 1 month ago
Abu Dhabi tells buyers to load oil shipments from inside Hormuz, Bloomberg News reports

Abu Dhabi tells buyers to load oil shipments from inside Hormuz, Bloomberg News reports

United Arab Emirates ​state-owned producer Abu ‌Dhabi National Oil Co ​has told ​its customers to ⁠resume loading ​its crude ​oil from its ports at Das ​and Zirku ​islands, in the ‌Gulf, ⁠Bloomberg news reported late on Thursday citing ​a ​notice ⁠sent to customers.

Reuters | 1 month ago
Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook

Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook

Oil prices steadied as markets weighed the interim U.S.-Iran agreement. Shipping through the Strait of Hormuz showed signs of recovery.

Cnbc | 1 month ago
Oil falls as supply starts moving through Strait of Hormuz

Oil falls as supply starts moving through Strait of Hormuz

Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the ​Strait of Hormuz following the signing of the U.S.-Iran interim peace deal.

Reuters | 1 month ago
Oil Falls on Signs of Strait of Hormuz's Reopening

Oil Falls on Signs of Strait of Hormuz's Reopening

Oil fell in early Asian trade on signs of a reopening of the Strait of Hormuz, a critical channel through which one-fifth of the world's oil is typically transported.

Wsj | 1 month ago
With the planned reopening of the Strait of Hormuz, the specter of a prolonged crunch in energy supplies has faded—but the disruption could take months to unwind

With the planned reopening of the Strait of Hormuz, the specter of a prolonged crunch in energy supplies has faded—but the disruption could take months to unwind

The specter of a prolonged crunch in energy supplies has faded, but the disruption could take months to unwind.

Wsj | 1 month ago
Oil prices slide near pre-Iran war levels – but it could take months for gasoline to fully drop

Oil prices slide near pre-Iran war levels – but it could take months for gasoline to fully drop

Oil prices fell about 10% this week to their lowest levels since the war in Iran started after President Trump signed a deal to reopen the Strait of Hormuz.

Nypost | 1 month ago
Oil flows through Hormuz will take time to recover, banks say

Oil flows through Hormuz will take time to recover, banks say

A recovery in oil flows through the Strait of Hormuz and oil production following the U.S.-Iran interim peace ​deal will take time, potentially several months, analysts at ‌two banks said.

Reuters | 1 month ago
OPEC Sees Oil Demand Growing With No Peak In Sight

OPEC Sees Oil Demand Growing With No Peak In Sight

The cartel forecast demand to grow by 19 million barrels a day to around 124 million barrels a day in 2050, driven by road transportation, aviation and petrochemicals.

Wsj | 1 month ago
Why the oil may start flowing through the Strait of Hormuz faster than many believe

Why the oil may start flowing through the Strait of Hormuz faster than many believe

My direct conversations with industry executives and experts based both here and in the Middle East indicate ships will start steaming through the Strait very soon. The "Ghalibaf factor" may hold the key as to whether oil prices keep falling.

Cnbc | 1 month ago
Oil Prices Fall After Trump Signs Iran Peace Deal, Strait of Hormuz to Open

Oil Prices Fall After Trump Signs Iran Peace Deal, Strait of Hormuz to Open

Brent crude and WTI were dropping after the signing of the U.S.-Iran peace deal, with markets focusing on the prospect for a swift reopening of the Strait of Hormuz.

Barrons | 1 month ago
Hormuz reopening to release wave of oil supply, depress prices

Hormuz reopening to release wave of oil supply, depress prices

Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the U.S.-Iran interim deal, releasing millions of barrels ​of oil stranded in the Middle East Gulf into global markets, industry executives said.

Reuters | 1 month ago
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