United States Brent Oil Fund (BNO) releases October 2025 income and NAV statement

Rhea-AI Filing Summary

United States Brent Oil Fund, LP reported that it has released its monthly account statement for the month ended October 31, 2025. The statement, presented as a Statement of Income (Loss) and a Statement of Changes in Net Asset Value under Rule 4.22 of the Commodity Exchange Act, provides investors with an update on the fund’s performance and capital changes for the month.

The account statement is furnished as Exhibit 99.1 to this Form 8-K and is also available on the fund’s website at www.uscfinvestments.com. The information is being furnished under Regulation FD and is not deemed “filed” for purposes of the Securities Exchange Act of 1934 or incorporated into other securities law filings unless specifically referenced.

8-K Event Classification

2 items: 7.01, 9.01

2 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

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FAQ

What did United States Brent Oil Fund, LP (BNO) announce in this Form 8-K?

The fund announced that it has issued its monthly account statement for the month ended October 31, 2025, furnished as Exhibit 99.1 to the Form 8-K.

What information is included in BNO’s October 31, 2025 monthly account statement?

The statement includes a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, prepared in accordance with Rule 4.22 under the Commodity Exchange Act.

Where can investors access the BNO October 31, 2025 monthly account statement?

Investors can access the statement as Exhibit 99.1 to the Form 8-K and on the fund’s website at www.uscfinvestments.com.

Is the information in BNO’s Form 8-K considered filed under the Exchange Act?

No. The Form 8-K states that the information, including Exhibit 99.1, is furnished and is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934.

Does this Form 8-K for BNO involve any major transactions or corporate actions?

No. It relates to the Regulation FD disclosure of a monthly account statement and does not describe any major transactions or corporate actions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 28, 2025

UNITED STATES BRENT OIL FUND, LP

(Exact name of registrant as specified in its charter)

Delaware	001-34704	27-0925904
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, California 94596

(Address of principal executive offices) (Zip Code)

(510) 522-9600

Registrant’s telephone number,

including area code

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨    Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered:
Shares of United States Brent Oil Fund, LP		BNO		NYSE Arca, Inc.

Item 7.01. Regulation FD Disclosure.

On November 28, 2025, United States Brent Oil Fund, LP (the “Registrant”) issued its monthly account statement for the month ended October 31, 2025, which is presented in the form of a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required pursuant to Rule 4.22 under the Commodity Exchange Act. A copy of the monthly account statement is furnished as Exhibit 99.1 to this Current Report on Form 8-K and also can be found on the Registrant’s website at www.uscfinvestments.com. The information furnished in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 99.1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		UNITED STATES BRENT OIL FUND, LP
		By:	United States Commodity Funds LLC, its general partner
Date:	November 28, 2025	By:	/s/ Stuart P. Crumbaugh
		Name:	Stuart P. Crumbaugh
		Title:	Chief Financial Officer