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
835,200 Volume
$ 39.41
Previous Close
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Day Range
39.04 39.83
Year Range
27.14 60.81
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Crude Oil News Today: Fed Rate Concerns, Rising US Inventories Weigh on Prices

Crude Oil News Today: Fed Rate Concerns, Rising US Inventories Weigh on Prices

Rising inventories, weak global demand, and the Fed's higher rates stance signal a bearish short-term outlook for crude oil prices.

Fxempire | 2 years ago
Natural Gas and Oil Forecast: Energy Slips 0.25%, Inventory Build Raises Concerns

Natural Gas and Oil Forecast: Energy Slips 0.25%, Inventory Build Raises Concerns

Oil prices dropped 0.25% amid an unexpected inventory build, sparking concerns over demand and high interest rates impacting the energy market.

Fxempire | 2 years ago
Oil slips for third session on likely 'higher for longer' US rates

Oil slips for third session on likely 'higher for longer' US rates

Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve could keep U.S. interest rates higher for longer due to sustained inflation, potentially impacting fuel use in the world's largest oil consumer.

Reuters | 2 years ago
Crude Oil Price Forecast: Crude Oil Tests Resistance, Awaits Bullish Breakout

Crude Oil Price Forecast: Crude Oil Tests Resistance, Awaits Bullish Breakout

A decisive advance above Monday's high of $80.64 would trigger a bullish breakout for crude oil above key moving averages and a downtrend line.

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

Crude Oil Price Forecast – Crude Oil Continues to See Support

The crude oil market continues to see a lot of support, despite the fact that there is a ton of momentum at this point. This market continues to question whether or not there is a surge coming due to summer.

Fxempire | 2 years ago
Oil prices drift lower but remain stuck in narrow range as market struggles to find catalysts

Oil prices drift lower but remain stuck in narrow range as market struggles to find catalysts

U.S. crude oil and global benchmark Brent have traded in a $3 range this month since selling off from April highs.

Cnbc | 2 years ago
Brent oil market structure weakens as tightness concern eases

Brent oil market structure weakens as tightness concern eases

The structure of the benchmark Brent crude oil futures market fell on Tuesday to its weakest since February, another indication that concern about tight supply for prompt delivery is easing.

Reuters | 2 years ago
Crude oil prices drop by over 1.5% amid Federal Reserve's stance on interest rates

Crude oil prices drop by over 1.5% amid Federal Reserve's stance on interest rates

Crude oil prices experienced a significant drop of more than 1.5% on Tuesday as the United States Federal Reserve provided no clear indications regarding potential interest rate cuts. The uncertainty stems from recent statements by key Fed officials, reflecting differing views on the economic outlook and inflation trends.

Invezz | 2 years ago
Oil prices drift lower as traders fret over Fed, look for catalysts

Oil prices drift lower as traders fret over Fed, look for catalysts

Oil futures were lower early Tuesday as traders worried over the outlook for crude demand as the Federal Reserve maintains higher interest rates.

Marketwatch | 2 years ago
TotalEnergies moves ahead on $6 billion Kaminho oil project in Angola

TotalEnergies moves ahead on $6 billion Kaminho oil project in Angola

French oil major TotalEnergies is pressing ahead with the development of the Kaminho oil project 100 kilometers off the coast of Angola after a final investment decision on the block, it said on Tuesday.

Reuters | 2 years ago
Crude Oil News: Fed's Inflation Stance Caps Gains, Pressures Prices

Crude Oil News: Fed's Inflation Stance Caps Gains, Pressures Prices

Given the persistent inflation concerns and the cautious stance of the Fed, the outlook for crude oil prices remains bearish in the short term.

Fxempire | 2 years ago
India's Russian oil imports rise to nine-month high in April

India's Russian oil imports rise to nine-month high in April

India's Russian oil imports rose a nine-month high in April after shipments on non-sanctioned tankers operated by Russia's largest shipping company Sovcomflot resumed, tanker data obtained from shipping and trade sources showed.

Reuters | 2 years ago
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