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
834,378 Volume
$ 39.41
Previous Close
Add Transaction
Day Range
39.04 39.83
Year Range
27.14 60.81
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Oil prices rise as worries about economic outlook fade

Oil prices rise as worries about economic outlook fade

Oil futures rose Thursday, finding support as worries about the outlook for U.S. economic growth faded, though concerns remain about fuel demand as the summer travel season gets under way.

Marketwatch | 2 years ago
Natural Gas and Oil Forecast: Oil Exhibits 4% Weekly Drop; Recovery Ahead?

Natural Gas and Oil Forecast: Oil Exhibits 4% Weekly Drop; Recovery Ahead?

Oil prices dropped 4% this week despite hopes for a Fed rate cut to boost demand. Will recovery follow?

Fxempire | 2 years ago
Oil rises on strengthening Fed rate cut expectations

Oil rises on strengthening Fed rate cut expectations

Oil rose in early Asian trading on Thursday on rising expectations the Federal Reserve will cut interest rates in September, and as the market rebounded from a selloff related to growing U.S. inventories and an OPEC+ plan to increase supply.

Reuters | 2 years ago
Plummeting oil, diesel, and copper prices signal economic stress. Here's why.

Plummeting oil, diesel, and copper prices signal economic stress. Here's why.

Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, crude oil, and copper prices, along with signs of a demand slowdown in recent weeks, hint at a U.S. economy that has been struggling.

Marketwatch | 2 years ago
Oil prices rise but hover near four-month low on proposed OPEC+ supply increase later this year

Oil prices rise but hover near four-month low on proposed OPEC+ supply increase later this year

Oil futures rebounded slightly after a sell-off this week pushed prices to four-month lows. The sell-off came after eight OPEC+ members announced plans to increase production starting in October of this year.

Cnbc | 2 years ago
Oil prices edge lower after industry data shows rise in U.S. crude, gasoline stocks

Oil prices edge lower after industry data shows rise in U.S. crude, gasoline stocks

Oil futures ticked lower early Wednesday, feeling pressure after industry data showed an unexpected rise in U.S. crude inventories and a larger-than-expected increase in gasoline stocks.

Marketwatch | 2 years ago
Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies

Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies

Oil prices have defied the announcement of extended supply cuts from the OPEC+ alliance with brisk declines. Oil prices bowed below $80 barrels per day despite this prospect of market tightness, with the Ice Brent contract with August expiry at $77.59 at 11:14 a.m.

Cnbc | 2 years ago
US lawmakers ask Justice Department to probe allegations of collusion between OPEC, oil companies

US lawmakers ask Justice Department to probe allegations of collusion between OPEC, oil companies

A group of Democratic U.S. Representatives asked the Justice Department in a letter on Tuesday to probe "potential antitrust conspiracies" among U.S. oil producers and the OPEC oil production group.

Reuters | 2 years ago
Why oil's recent drop is not a recession signal — and good news for stocks

Why oil's recent drop is not a recession signal — and good news for stocks

The recent decline in oil prices is not a sign that the U.S. economy is heading for a recession — with the downward trend instead considered positive for stocks, according to DataTrek Research.

Marketwatch | 2 years ago
OPEC oil output rises in May, led by Nigeria, Iraq, survey shows

OPEC oil output rises in May, led by Nigeria, Iraq, survey shows

OPEC oil output rose in May, a Reuters survey found on Tuesday, as higher exports from Nigeria and Iraq offset the impact of ongoing voluntary supply cuts by some members agreed with the wider OPEC+ alliance.

Reuters | 2 years ago
U.S. crude oil extends losses, fall below $73 per barrel on OPEC+ increasing supply

U.S. crude oil extends losses, fall below $73 per barrel on OPEC+ increasing supply

U.S. crude oil has erased most gains for the year and is now up just under 2% in 2024. In a surprise move, eight OPEC+ producers laid out a plan to phase out 2.2 million bpd in production cuts starting in October.

Cnbc | 2 years ago
Oil prices extend slump triggered by OPEC+ move to phase out some production cuts

Oil prices extend slump triggered by OPEC+ move to phase out some production cuts

Oil futures fell Tuesday, extending a slide that took crude to its lowest close in four months in the previous session triggered in part by OPEC+'s decision to begin unwinding some production cuts later this year.

Marketwatch | 2 years ago
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