United States Brent Oil Fund posts May net loss, NAV falls to $765M; NAV per share $50.17

United States Brent Oil Fund reported a net loss of $127.4M for May and end‑of‑month NAV of $765.05M ($50.17 per share).Key Highlights:Original SEC Filing: United States Brent Oil Fund, LP [ BNO ] - 8-K - Jun. 29, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying im…

United States Brent Oil Fund reported a net loss of $127.4M for May and end‑of‑month NAV of $765.05M ($50.17 per share).

Key Highlights:

Realized trading gain of $136.48M offset by $265.68M unrealized loss on futures, producing total loss of $126.75M.
Total expenses were $634,117, leading to net loss of $127.39M for May.
NAV declined from $858.52M at May 1 to $765.05M at May 31.
Net share activity: additions of $155.45M (2.75M shares) and withdrawals of $121.52M (2.25M shares).

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.