United States Brent Oil Fund, LP logo

United States Brent Oil Fund, LP (BNO)

Market Closed
2 Jul, 20:00
ARCA ARCA
$
39. 67
+0.26
+0.6597%
$
154.15M Market Cap
- Div Yield
297,568 Volume
$ 39.41
Previous Close
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Day Range
39.05 39.83
Year Range
27.14 60.81
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Crude Oil Price Forecast: Faces Pullback After Hitting Resistance

Crude Oil Price Forecast: Faces Pullback After Hitting Resistance

Crude oil reached resistance at 79.46, forming a shooting star candlestick pattern, indicating a potential pullback as it remains in a downtrend.

Fxempire | 2 years ago
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction

OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction

OPEC sees oil demand growing by 25 million barrels per day in the developing world through 2045, with China and India alone contributing 10 million bpd. OPEC Secretary General Haitham Al Ghais called for continued investment in fossil fuels to prevent a shortfall, pushing back on predications of peak oil demand by 2030.

Cnbc | 2 years ago
OPEC sees no peak oil demand long term, secretary general says

OPEC sees no peak oil demand long term, secretary general says

OPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116 million barrels a day by 2045, and may be higher, the secretary general said on Thursday.

Reuters | 2 years ago
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations

Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations

Russia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the OPEC+ group of major oil producing countries, while pledging to meet its obligations.

Reuters | 2 years ago
Crude Oil Price Forecast – Crude Oil Continues to Show Resilient Behavior

Crude Oil Price Forecast – Crude Oil Continues to Show Resilient Behavior

Crude oil continues to make a lot of noise at this point in time, and therefore it makes a lot of sense that people are trying to pick it back up, finding value in these drops. Whether or not that holds remains to be seen, but I am bullish overall.

Fxempire | 2 years ago
Oil prices fall after bearish increase in U.S. stockpiles, cautious Fed rate cut outlook

Oil prices fall after bearish increase in U.S. stockpiles, cautious Fed rate cut outlook

The advance in oil futures has taken a pause after new U.S. inventory data this week did not provide support, together with Wednesday's Federal Reserve meeting. Still, oil prices have gained about 3% this week.

Cnbc | 2 years ago
Oil prices fall, dogged by rise in crude, gasoline stocks

Oil prices fall, dogged by rise in crude, gasoline stocks

Oil futures fell Thursday, feeling pressure a day after government data showed U.S. crude and gasoline stocks unexpectedly rose.

Marketwatch | 2 years ago
Crude Oil News Today: Fed's Rate Decision, Rising US Stocks Pressure Prices

Crude Oil News Today: Fed's Rate Decision, Rising US Stocks Pressure Prices

Fed's delayed rate cuts, rising U.S. crude stockpiles, and cautious demand forecasts suggest continued pressure on oil prices.

Fxempire | 2 years ago
Oil slips on US growth worries, ample crude supply

Oil slips on US growth worries, ample crude supply

Oil prices fell in early trade on Wednesday as investors digested news that the U.S. Federal Reserve has opted against cutting interest rates in the near future, while ample U.S. crude and fuel stocks further weighed on the market.

Reuters | 2 years ago
Crude Inventories Rise By 3.7 Million Barrels, Exceeding Analyst Expectations

Crude Inventories Rise By 3.7 Million Barrels, Exceeding Analyst Expectations

Gasoline inventories increased by 2.6 million barrels from the previous week.

Fxempire | 2 years ago
Crude Oil Price Forecast – Crude Oil Continues to Recover

Crude Oil Price Forecast – Crude Oil Continues to Recover

The crude oil market rallied in the early hours on Wednesday, as the market continues to look for momentum to the upside. This is a market that continues to see a lot of noise, but we have been oversold for a while now.

Fxempire | 2 years ago
Oil prices rise after industry data shows fall in U.S. crude, gasoline inventories

Oil prices rise after industry data shows fall in U.S. crude, gasoline inventories

Oil futures rose Wednesday as investors sifted through a raft of updated forecasts and awaited official data on U.S. inventories after industry figures showed a decline last week in crude stocks.

Marketwatch | 2 years ago
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