United States Brent Oil Fund, LP (BNO)Commodities Focused | Exchange Traded Fund | NYSEArca
47.29 USD
+1.29
(2.804%)
⇧
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:06 a.m. EDT
The United States Brent Oil Fund is currently trapped in a defensive posture, battered by recent geopolitical headlines suggesting an oversupply shock from a peace deal. While the fund has delivered strong long-term gains (+125% over nine years), the immediate outlook is murky. The price has been grinding lower recently, testing support levels, and the options market confirms a lack of conviction for a rally; traders are building heavy walls of resistance at higher prices while betting on a bounce at current lows. With zero dividends to provide income and a recent NAV hit due to losses, the instrument offers no safety net. The statistical forecast model is essentially silent, reflecting the noise of the situation. For now, the trend is bearish to neutral, waiting for clarity on whether the supply surge will persist or if tensions will reignite. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.077675 |
| AutoARIMA | 0.077917 |
| AutoETS | 0.078072 |
| AutoTheta | 0.078576 |
| MSTL_126 | 0.093025 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 3.61 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.131 |
| Excess Kurtosis | -0.28 |
As of July 11, 2026, 5:06 a.m. EDT: Speculators are positioning for a volatile range-bound outcome rather than a directional breakout. Call open interest is heavily skewed toward out-of-the-money strikes (60, 70, 75), creating a significant resistance wall that suggests sellers expect the price to struggle above current levels. Conversely, put open interest is concentrated just below the current price (39-42), indicating a strong floor where buyers step in. The massive IV spikes on deep out-of-the-money calls and deep in-the-money puts suggest traders are pricing in a potential 'crash' or a sharp spike, but the lack of volume in the middle strikes implies a preference for a choppy, contained move over a trend.
| Attribute | Value |
|---|---|
| All Time High | 60.81 |
| All Time Low | 5.91 |
| Ask | 0.0 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 1,831,490 |
| Average Daily Volume3 Month | 3,356,570 |
| Average Volume | 3,356,570 |
| Average Volume10Days | 1,831,490 |
| Beta3 Year | 2.16 |
| Bid | 0.0 |
| Bid Size | 900 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 48.0 |
| Day Low | 46.27 |
| 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 | 49.394 |
| Fifty Day Average Change | -2.104 |
| Fifty Day Average Change Percent | -0.04259627 |
| Fifty Two Week Change Percent | 56.79709 |
| Fifty Two Week High | 60.81 |
| Fifty Two Week High Change | -13.52 |
| Fifty Two Week High Change Percent | -0.22233185 |
| Fifty Two Week Low | 27.14 |
| Fifty Two Week Low Change | 20.150002 |
| Fifty Two Week Low Change Percent | 0.74244666 |
| Fifty Two Week Range | 27.14 - 60.81 |
| First Trade Date Milliseconds | 1,275,485,400,000 |
| Five Year Average Return | 0.19779949 |
| 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 | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_65922003 |
| Nav Price | 46.985 |
| Net Assets | 543,579,260.0 |
| Net Expense Ratio | 1.15 |
| Open | 47.81 |
| Pre Market Change | -0.060001373 |
| Pre Market Change Percent | -0.1269333 |
| Pre Market Price | 47.21 |
| Pre Market Time | 1,784,117,110 |
| Previous Close | 46.0 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.29 |
| Regular Market Change Percent | 2.80435 |
| Regular Market Day High | 48.0 |
| Regular Market Day Low | 46.27 |
| Regular Market Day Range | 46.27 - 48.0 |
| Regular Market Open | 47.81 |
| Regular Market Previous Close | 46.0 |
| Regular Market Price | 47.29 |
| Regular Market Time | 1,784,059,200 |
| Regular Market Volume | 3,888,982 |
| Short Name | United States Brent Oil Fund, L |
| Source Interval | 15 |
| Symbol | BNO |
| Three Year Average Return | 0.20555991 |
| Total Assets | 543,579,264 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -22.06452 |
| Trailing Three Month Returns | -22.06452 |
| Triggerable | 1 |
| Two Hundred Day Average | 38.8801 |
| Two Hundred Day Average Change | 8.409901 |
| Two Hundred Day Average Change Percent | 0.21630347 |
| Type Disp | ETF |
| Volume | 3,888,982 |
| Yield | 0.0 |
| Ytd Return | 42.84957 |