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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Spot oil premiums slip to pre-war levels after US-Iran deal, but shipping angst provides floor

Spot oil premiums slip to pre-war levels after US-Iran deal, but shipping angst provides floor

Spot premiums for crude and some refined products in Asia have fallen back to ​pre-war levels following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping can ‌resume is providing a floor for oil markets.

Reuters | 1 month ago
Major Wall Street Banks Cut Oil-Price Forecasts on Faster Gulf Supply Recovery

Major Wall Street Banks Cut Oil-Price Forecasts on Faster Gulf Supply Recovery

Goldman Sachs and Morgan Stanley cut their oil-price forecasts with Persian Gulf flows expected to recover to prewar levels sooner than anticipated.

Wsj | 1 month ago
The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels

The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels

Risks to oil price assumptions in the event of a finalized peace deal are two-sided but the Goldman Sachs report notes that the global economy adjusted very flexibly to the largest oil production shock in history

Marketwatch | 1 month ago
Oil Prices Fall Further as Trump Says Strait of Hormuz Will Reopen This Week

Oil Prices Fall Further as Trump Says Strait of Hormuz Will Reopen This Week

Brent crude and WTI prices were falling again as President Donald Trump said the Strait of Hormuz could reopen as soon as Friday.

Barrons | 1 month ago
Stock Market Today: U.S. Stock Futures Waver, Oil Falls

Stock Market Today: U.S. Stock Futures Waver, Oil Falls

Investors seek further clarity on U.S.-Iran peace deal

Wsj | 1 month ago
U.S. Futures Steady, Oil Edges Lower as Markets Stabilize

U.S. Futures Steady, Oil Edges Lower as Markets Stabilize

U.S. stock futures were flat and oil slipped in early European trade as investors awaited further details on terms of the U.S.-Iran peace deal.

Wsj | 1 month ago
Oil rebounds on concerns about US-Iran peace deal, restoration of supply

Oil rebounds on concerns about US-Iran peace deal, restoration of supply

Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the ​resumption of supply through the key Strait of Hormuz may take longer than ‌thought.

Reuters | 1 month ago
Oil Futures Rise on Likely Technical Recovery

Oil Futures Rise on Likely Technical Recovery

Oil futures rose in early Asian trade on a likely technical recovery after futures settled overnight at their lowest level since March 4.

Wsj | 1 month ago
U.S. gasoline slips below $4 a gallon for first time since April

U.S. gasoline slips below $4 a gallon for first time since April

U.S. average retail gasoline prices dipped ​below $4 a gallon for the first time since mid-April, as optimism grew that a preliminary deal between the U.S. and Iran would lead ‌to the reopening of the Strait of Hormuz, a critical passageway for global oil supplies.

Reuters | 1 month ago
The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983

The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983

The U.S. Strategic Petroleum Reserve has fallen to the lowest level in more than 40 years, according to the Department of Energy. Oil executives have warned that global inventories are rapidly depleting due to the supply disruption triggered by the Iran war.

Cnbc | 1 month ago
It could take years for oil prices to return to $67 a barrel. Here's why.

It could take years for oil prices to return to $67 a barrel. Here's why.

The U.S. and Iran have reached a tentative deal to extend their ceasefire by 60 days and reopen the Strait of Hormuz, but it will take an excess of global crude supplies and lower shipping costs for the market to see any semblance of normality.

Marketwatch | 1 month ago
Markets Are Cheering an End to the US War With Iran—But Some Big Questions Remain

Markets Are Cheering an End to the US War With Iran—But Some Big Questions Remain

Wall Street is cheering an end to the war in Iran. It may be a while before investors get an end to war-related uncertainty.

Investopedia | 1 month ago
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