United States Brent Oil Fund, LP (BNO)Commodities Focused | Exchange Traded Fund | NYSEArca
51.48 USD
-0.23
(-0.445%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 51.30 -0.18 (-0.180%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:34 a.m. EDT
The United States Brent Oil Fund is currently a high-conviction momentum play driven by geopolitical tensions and a resilient commodity price environment. Over the last two weeks, the fund has rallied nearly 19%, trading well above its 50-day moving average, which confirms strong short-term bullish sentiment. Options data reinforces this view, with traders building significant call walls at $55 and $60, indicating a collective expectation that Brent will continue to climb despite warnings of a potential temporary surplus. However, the long-term investment case is fundamentally flawed because this is a commodity ETF, not a company with earnings power; it offers no dividends and carries no intrinsic business value beyond the spot price of oil. While the macro backdrop of Iran tensions supports a bullish short-term thesis, the lack of a reliable income stream and the inherent volatility of energy prices mean this should be treated strictly as a tactical trade rather than a core holding. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.074151 |
| MSTL | 0.080063 |
| AutoETS | 0.080464 |
| AutoARIMA | 0.080464 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 0.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.205 |
| Excess Kurtosis | -1.21 |
As of Aug. 22, 2026, 4:34 a.m. EDT: Speculators are heavily positioned for upside continuation, evidenced by massive open interest walls at $55 and $60 strikes across multiple expirations. Call volume significantly outpaces put volume, particularly in the near term, while implied volatility remains elevated on out-of-the-money calls, suggesting a bet on sustained oil price strength rather than a crash.
| Attribute | Value |
|---|---|
| All Time High | 60.81 |
| All Time Low | 5.91 |
| Ask | 51.5 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 1,437,390 |
| Average Daily Volume3 Month | 2,189,027 |
| Average Volume | 2,189,027 |
| Average Volume10Days | 1,437,390 |
| Beta3 Year | 2.25 |
| Bid | 51.52 |
| Bid Size | 2,000 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 51.59 |
| Day Low | 50.965 |
| 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 | 47.1994 |
| Fifty Day Average Change | 4.2805977 |
| Fifty Day Average Change Percent | 0.090691775 |
| Fifty Two Week Change Percent | 66.2701 |
| Fifty Two Week High | 60.81 |
| Fifty Two Week High Change | -9.330002 |
| Fifty Two Week High Change Percent | -0.15342873 |
| Fifty Two Week Low | 27.14 |
| Fifty Two Week Low Change | 24.34 |
| Fifty Two Week Low Change Percent | 0.8968313 |
| Fifty Two Week Range | 27.14 - 60.81 |
| First Trade Date Milliseconds | 1,275,485,400,000 |
| Five Year Average Return | 0.22341801 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.23 |
| Fullday Change Percent | -0.444787 |
| Fullday Price | 51.3 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_65922003 |
| Nav Price | 50.755 |
| Net Assets | 615,261,700.0 |
| Net Expense Ratio | 1.15 |
| Open | 51.01 |
| Post Market Change | -0.1800003 |
| Post Market Change Percent | -0.34965095 |
| Post Market Price | 51.3 |
| Post Market Time | 1,787,961,550 |
| Previous Close | 51.71 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.23 |
| Regular Market Change Percent | -0.444787 |
| Regular Market Day High | 51.59 |
| Regular Market Day Low | 50.965 |
| Regular Market Day Range | 50.965 - 51.59 |
| Regular Market Open | 51.01 |
| Regular Market Previous Close | 51.71 |
| Regular Market Price | 51.48 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 559,037 |
| Short Name | United States Brent Oil Fund, L |
| Source Interval | 15 |
| Symbol | BNO |
| Three Year Average Return | 0.20618589 |
| Total Assets | 615,261,696 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -13.71461 |
| Trailing Three Month Returns | -13.71461 |
| Triggerable | 1 |
| Two Hundred Day Average | 42.19595 |
| Two Hundred Day Average Change | 9.28405 |
| Two Hundred Day Average Change Percent | 0.2200223 |
| Type Disp | ETF |
| Volume | 559,037 |
| Yield | 0.0 |
| Ytd Return | 77.52368 |