United States Brent Oil Fund, LP (BNO) Stock Price, News & Analysis

United States Brent Oil Fund, LP (BNO) is a limited partnership whose shares are listed on NYSE Arca under the trading symbol BNO. According to its SEC filings, the registrant is named United States Brent Oil Fund, LP and its securities are described as "Shares of United States Brent Oil Fund, LP" trading on NYSE Arca, Inc. The fund is classified in the "Commodity Contracts Brokers & Dealers" sector.

The available regulatory disclosures show that BNO operates in a framework governed by both U.S. securities laws and the Commodity Exchange Act. Its periodic current reports on Form 8-K indicate that the partnership prepares and distributes monthly account statements. These statements are presented in the form of a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required under Rule 4.22 of the Commodity Exchange Act.

Regulatory reporting and transparency

In multiple Form 8-K filings, United States Brent Oil Fund, LP reports that it issues a monthly account statement for each month-end. The filings state that these account statements are furnished as Exhibit 99.1 to the Form 8-K and are prepared to comply with Rule 4.22. This rule requires commodity pool operators to provide investors with regular information about income (or loss) and changes in net asset value, which helps investors understand how the partnership’s net asset value evolves over time.

The Form 8-K filings also clarify that the monthly account statements furnished as exhibits are not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, unless specifically incorporated by reference into another filing. This distinction is highlighted in each of the referenced 8-Ks and reflects how the partnership positions these monthly updates within the broader U.S. securities law framework.

Exchange listing and status

Each of the recent Form 8-K reports includes a securities registration table that identifies the class of securities and the exchange on which they are listed. For United States Brent Oil Fund, LP, the table states that "Shares of United States Brent Oil Fund, LP" trade under the symbol "BNO" on NYSE Arca, Inc. This confirms that BNO is an exchange-traded security and that its primary listing venue is NYSE Arca.

The filings also include the standard emerging growth company checkbox, indicating whether the registrant is considered an emerging growth company under the Securities Act of 1933 or the Securities Exchange Act of 1934. In the provided filings, the box for emerging growth company is shown with a symbol, and an additional checkbox appears regarding the use of an extended transition period for new or revised financial accounting standards.

Location and organizational details

The Form 8-K cover pages list the registrant name as United States Brent Oil Fund, LP and provide a location in Walnut Creek, California, identified by city, state and ZIP code. This indicates that the partnership’s principal place of business is in Walnut Creek, California. The filings also include a telephone number for the registrant as part of the standard SEC cover information, although this contact detail is part of the filing format rather than a description of operations.

Ongoing monthly reporting pattern

The recent 8-K filings show a recurring pattern: for each month-end, the partnership issues a monthly account statement and then furnishes that statement on Form 8-K under Item 7.01 (Regulation FD Disclosure). For example, one filing notes that on a specified date United States Brent Oil Fund, LP issued its monthly account statement for the month ended September 30, 2025, presented as a Statement of Income (Loss) and a Statement of Changes in Net Asset Value. Other filings describe similar monthly statements for subsequent month-ends.

This pattern indicates that investors in BNO can expect regular, month-by-month information about income or loss and changes in net asset value, delivered through the combination of direct distribution and furnishing on Form 8-K. The filings also state that the monthly account statements can be found on the registrant’s website, as referenced in the exhibits section of the 8-Ks.

Regulation FD and furnishing of information

In each of the referenced Form 8-Ks, the monthly account statement is reported under Item 7.01, "Regulation FD Disclosure." The filings explain that the information furnished in the Form 8-K, including Exhibit 99.1, is not deemed to be "filed" for purposes of Section 18 of the Exchange Act and is not otherwise subject to the liabilities of that section, unless specifically incorporated by reference in another filing. This language appears consistently across the provided 8-Ks.

This approach allows United States Brent Oil Fund, LP to make its monthly account statements broadly available to the market while clarifying the legal status of the information under U.S. securities laws. For investors and observers, these filings provide a recurring view into the partnership’s reported income or loss and net asset value changes over time.

Key characteristics of BNO based on filings

• Entity type: Limited partnership, as indicated by the name United States Brent Oil Fund, LP on SEC filings.
• Listed security: Shares of United States Brent Oil Fund, LP.
• Exchange: NYSE Arca, Inc., where the shares trade under the symbol BNO.
• Sector classification: Commodity Contracts Brokers & Dealers, based on the provided sector information.
• Location: Principal place of business in Walnut Creek, California, as indicated on the Form 8-K cover pages.
• Reporting cadence: Monthly account statements furnished on Form 8-K under Item 7.01, including a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, prepared pursuant to Rule 4.22 under the Commodity Exchange Act.