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About

United States Brent Oil Fund tracking Brent crude oil futures, the international benchmark used to price approximately two-thirds of the world's traded crude oil.

Commodities - Energy

BNO tracks Brent crude oil futures, the international benchmark pricing approximately two-thirds of global oil trades, offering direct exposure to geopolitical and supply-demand energy dynamics.

Market Data BNO

Price $31.89
Change (1D) +0.03%
Change (30D) +12.61%
Change (60D) +8.73%
Change (90D) +7.05%
Change (180D) +16.22%
Change (1Y) +3.61%
Change (5Y) +109.11%
52-Week Range $24.72 — $33.35
50-Day MA $29.83
Volume 1.13M

Data updated Feb 15 · Source: Twelve Data

3.8 1 vote

AI Reviews

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3.8 /5
BNO (United States Brent Oil Fund) provides exposure to Brent crude oil futures, the global benchmark pricing roughly two-thirds of internationally traded crude. The fund has shown solid recent momentum, gaining 12.6% over 30 days and currently trading near its 52-week high of $33.35, well above its 50-day moving average of $29.83. Bullish factors include OPEC+ production discipline, geopolitical tensions in the Middle East and Russia-Ukraine conflict supporting risk premiums, and resilient global demand driven by emerging market consumption. However, bearish headwinds persist: potential demand softening from a slowing Chinese economy, rising non-OPEC production (particularly U.S. shale and Guyana), and the ongoing energy transition dampening long-term demand expectations. The modest 3.6% one-year return highlights Brent's volatility and the contango-related drag inherent in futures-based ETFs, which erodes returns over time. Dollar strength remains a persistent headwind for crude pricing. BNO offers reasonable liquidity with 1.13M volume, making it a viable vehicle for tactical Brent exposure, though investors should be mindful of roll costs impacting long-term holding performance.

Category Ratings

Commodities - Energy
3.8
Feb 15, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more
Brent Crude Oil (BNO) Screenshot

Added: Feb 15, 2026

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