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United States Brent Oil Fund, LP (BNO)

Commodities Focused | Exchange Traded Fund | NYSEArca
45.47 USD -3.61 (-7.355%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 46.11 +0.64 (1.408%) ⇧ (April 17, 2026, 7:58 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 18, 2026, 11:31 p.m. EDT

Despite a recent 1-week price correction back to ~$49 from a $54 high, the options market is pricing in an upside bias for the immediate future, with significant capital flowing into calls at strikes above the current price and an expectation of moves away from the recent lows. However, this remains a speculative commodity trust with no dividends and no long-term predictive edge in this data set, making it a short-term tactical play rather than an investment hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.284038
AutoETS0.286380
AutoTheta0.287179
AutoARIMA0.295213

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 41%
H-stat 63.65
Ljung-Box p 0.000
Jarque-Bera p 0.068
Excess Kurtosis -1.66

As of April 18, 2026, 11:31 p.m. EDT: Options flow shows a distinct short-term bullish skew despite a technically lower intervening price. For Apr 17 expirations, there is heavy buying of calls at $50 (+10% volume) and $51 (+12.2% volume), with strikes above the $54 price acting as Volume Spikes, indicating a premium positioned above current levels. Conversely, put activity is concentrated below $55 ($55, $56 Volume Spikes), suggesting a floor or profit-taking protection rather than a massive bearish bet. However, deep ITM puts (e.g., $15, $20, $23 in the near term) show massive IV spikes (~1000%), indicating a fear of a sharp crash, though actual volume is trivial compared to the OTM call/gap volume. Long-dated expirations (Jan 2027) see significant call interest at $42 and $45, reinforcing the belief that prices are currently below $55. The overall gamma profile suggests speculators expect volatility or upside swings rather than a sustained crash.


Info Dump

Attribute Value
All Time High 55.66
All Time Low 5.91
Ask 46.25
Ask Size 900
Average Daily Volume10 Day 6,628,550
Average Daily Volume3 Month 5,381,193
Average Volume 5,381,193
Average Volume10Days 6,628,550
Beta3 Year 1.97
Bid 45.8
Bid Size 2,000
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 45.77
Day Low 43.32
Dividend Yield 0.0
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 43.1772
Fifty Day Average Change 2.292801
Fifty Day Average Change Percent 0.05310212
Fifty Two Week Change Percent 63.502335
Fifty Two Week High 55.66
Fifty Two Week High Change -10.189999
Fifty Two Week High Change Percent -0.1830758
Fifty Two Week Low 25.26
Fifty Two Week Low Change 20.210001
Fifty Two Week Low Change Percent 0.8000792
Fifty Two Week Range 25.26 - 55.66
First Trade Date Milliseconds 1,275,485,400,000
Five Year Average Return 0.2196213
Full Exchange Name NYSEArca
Fund Family USCF Investments
Fund Inception Date 1,275,436,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The Benchmark Futures Contract is the futures contract on Brent crude oil as traded on the Ice Futures Europe Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire.
Long Name United States Brent Oil Fund, LP
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_65922003
Nav Price 45.328
Net Assets 951,568,830.0
Net Expense Ratio 1.14
Open 44.9
Post Market Change 0.6399994
Post Market Change Percent 1.40752
Post Market Price 46.11
Post Market Time 1,776,470,298
Previous Close 49.08
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -3.61
Regular Market Change Percent -7.35534
Regular Market Day High 45.77
Regular Market Day Low 43.32
Regular Market Day Range 43.32 - 45.77
Regular Market Open 44.9
Regular Market Previous Close 49.08
Regular Market Price 45.47
Regular Market Time 1,776,456,000
Regular Market Volume 8,536,015
Short Name United States Brent Oil Fund, L
Source Interval 15
Symbol BNO
Three Year Average Return 0.170965
Total Assets 951,568,832
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 83.2921
Trailing Three Month Returns 83.2921
Triggerable 1
Two Hundred Day Average 33.06965
Two Hundred Day Average Change 12.4003525
Two Hundred Day Average Change Percent 0.37497684
Type Disp ETF
Volume 8,536,015
Yield 0.0
Ytd Return 83.2921