BNO - United States Brent Oil

NYSEArca - NYSEArca Delayed Price. Currency in USD
22.09
+0.29 (+1.33%)
At close: 4:00PM EDT
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Previous Close21.80
Open22.07
Bid0.00 x 1000
Ask0.00 x 4000
Day's Range21.98 - 22.28
52 Week Range14.75 - 22.42
Volume95,230
Avg. Volume260,551
Net Assets99.79M
NAV21.69
PE Ratio (TTM)N/A
Yield0.00%
YTD Return19.89%
Beta (3y)1.94
Expense Ratio (net)0.90%
Inception Date2010-06-02
Trade prices are not sourced from all markets
  • Oil Price Fundamental Daily Forecast – Prices Up Over 1 Percent as OPEC Official Warns of Limited Supply
    FX Empire23 hours ago

    Oil Price Fundamental Daily Forecast – Prices Up Over 1 Percent as OPEC Official Warns of Limited Supply

    November WTI and December Brent Crude Oil should continue to push higher throughout the session as long as a possible supply shortage remains the theme. The rally could stop and prices could turn lower if someone counters with concerns over future demand in the wake of the announcement of additional tariffs on China by the United States.

  • Bitcoin aims for the long-term support!
    FX Empireyesterday

    Bitcoin aims for the long-term support!

    The first video this week starts with the analysis of Bitcoin, which for the past few days is locked inside of a rectangle. This pattern is a trend continuation pattern and it was created after a huge drop, so we assume that…it will result in a drop too, especially that the ultimate long-term support is near!

  • Silver Price Forecast – Silver markets rally as US dollar falls
    FX Empireyesterday

    Silver Price Forecast – Silver markets rally as US dollar falls

    The Silver markets rally during the trading session on Monday to kick off the week, as the US dollar struggled. Ultimately, the market still has plenty of resistance above and Silver of course has been underperforming gold for some time.

  • Crude Oil Price Forecast – crude oil markets slightly positive on Monday
    FX Empireyesterday

    Crude Oil Price Forecast – crude oil markets slightly positive on Monday

    The crude oil markets were slightly bullish during the trading session on Monday but continue to face significant resistance above. It’s not that we can break out, just that there is a lot of work to do before it happens.

  • ETF Trends2 days ago

    Seasonal Factors Could Hamper Oil ETFs

    Seasonality can be an important factor for commodities investors and that could particularly true this year for oil. While the United States Oil Fund (USO) , which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (BNO) , which tracks Brent crude oil futures, have notched some impressive 2018 returns, the next couple of months could be trying for crude on a seasonal basis. The Energy Information Administration estimated on Wednesday that the U.S. surpassed Russia and Saudi Arabia as the world's largest producer of crude oil,” reports CNBC.

  • Oil Price Fundamental Daily Forecast – Early Trade Suggests Tightening Concerns Driving Price Action
    FX Empire2 days ago

    Oil Price Fundamental Daily Forecast – Early Trade Suggests Tightening Concerns Driving Price Action

    The early price action and the relatively low volume suggests we’re likely to see a rangebound trade today. Traders may be taking a breather from last week’s volatile, two-sided price action. At the start of the session today, the offsetting issues remain the same. On the bullish side, investors are worried about the impact of the U.S. sanctions on oil supply. They are betting that slashing Iran’s exports will cause a tightening in the market. Bearish traders are banking on Saudi Arabia and other non-OPEC producers to make up most of the shortfall from the Iran sanctions.

  • Oil Price Fundamental Weekly Forecast – Don’t Be Fooled by Demand Worries, Tightening is Main Concern
    FX Empire3 days ago

    Oil Price Fundamental Weekly Forecast – Don’t Be Fooled by Demand Worries, Tightening is Main Concern

    The timeline of the events are basically driving the price action, however. The sanctions start in November so that is a more immediate concern for traders. Any worries about demand will come later. Therefore, tightening at this time is the major worry underpinning prices. Additionally, this market is extremely vulnerable to any unexpected supply disruption and if one occurs, prices could spike sharply higher.

  • Gold, Crude Finish Week Higher Despite Rocky Two-Sided Trade
    FX Empire4 days ago

    Gold, Crude Finish Week Higher Despite Rocky Two-Sided Trade

    Oil prices pulled back early Friday amid concerns additional U.S. tariffs would be placed on China, leading to a potential drop in demand. gold gave back most of its gains on Friday due to upbeat U.S. retail sales and consumer confidence reports. A report that President Trump told his aides to proceed with tariffs on about $200 billion worth of Chinese imports also rattled investors.

  • Crude Oil Weekly Price Forecast – crude oil markets rally during the week but fell at the same level again
    FX Empire4 days ago

    Crude Oil Weekly Price Forecast – crude oil markets rally during the week but fell at the same level again

    Crude oil markets rally during the week, but continue to struggle at the recent resistance, showing that the market simply does not have the necessary momentum yet. Eventually though, we could break out but it doesn’t look like longer-term traders have much to do in the short term.

  • Crude Oil Price Forecast – crude oil volatile for Friday session
    FX Empire4 days ago

    Crude Oil Price Forecast – crude oil volatile for Friday session

    Crude oil markets were very volatile during the session on Friday, initially shooting straight up in the air, but then pulling back later on as more Chinese trade tariffs are feared.

  • ETF Trends5 days ago

    Strength in Oil ETFs Won’t Last if OPEC Has Any Say

    Oil ETFs should not count on a bump from the drop off in oil supply out of Iran due to U.S. economic sanctions as the Organization of Petroleum Exporting Countries quickly stepped in to fill in the gap, raising global supply to a record high. Over the past month, the United States Oil Fund (USO) , which tracks West Texas Intermediate crude oil futures, advanced 3.4% and the United States Brent Oil Fund (BNO) , which tracks Brent crude oil futures, increased 7.3%. While oil prices strengthened in recent weeks on the lower supply outlook out of Iran, investors should keep in mind that OPEC can step in at anytime to fill in the gap.

  • FX Empire5 days ago

    Oil Price Fundamental Daily Forecast – WTI Strengthens Over $68.78, Weakens Under $68.28

    This week’s price action suggests there is a bias to the upside, but traders are a little tentative about buying strength or breakouts. They seem to like buying on dips. Prices were supported early in the week on worries over the looming sanctions against Iran, and their impact on supply. Prices were pressured by concerns over emerging market crises and trade disputes, and their effects on demand.

  • Crude Oil Price Forecast – crude oil markets soft again on Thursday
    FX Empire5 days ago

    Crude Oil Price Forecast – crude oil markets soft again on Thursday

    Crude oil market softened again during trading on Thursday, as CPI numbers in the United States dropped. Beyond that, there are concerns about demand globally, so the fact that the world’s driver of demand is possibly slowing down, that’s a bad sign.

  • Australian Dollar Jumps on Sharp Rise in Employment, No Surprises from the BoE and ECB, TRY Jumps as CBRT Increases Rates
    FX Empire6 days ago

    Australian Dollar Jumps on Sharp Rise in Employment, No Surprises from the BoE and ECB, TRY Jumps as CBRT Increases Rates

    Australia’s employment rose a strong 44.0K in August, more than reversing the modest 4.3K drop in July. U.S. producer prices unexpectedly fell in August with the weakness led by declines in the prices of food and a range of trade services. U.S. crude oil production fell by 100,000 bpd, to 10.9 million bpd, as the industry faces pipeline capacity constraints. According to the Federal Reserve’s latest Beige Book released late Wednesday, three of the Fed’s 12 districts – St. Louis, Philadelphia and Kansas City – reported weaker growth in August. Fed Governor Lael Brainard said in a speech on Wednesday that the Federal Reserve likely will continue gradual interest rate increases but will accelerate the pace if signs that financial imbalances continue to build.

  • Trading the Economic Calendar
    FX Empire6 days ago

    Trading the Economic Calendar

    An economic calendar is a schedule of economic events that will take place over the next day, week, month or quarter. Trading the economic calendar can be beneficial for some traders.

  • Oil Price Fundamental Daily Forecast – Despite Robust Production, Markets Are Vulnerable to Supply Disruptions
    FX Empire6 days ago

    Oil Price Fundamental Daily Forecast – Despite Robust Production, Markets Are Vulnerable to Supply Disruptions

    The battle between the known and the unknown, between the aggressive speculators and professionals, continues on Thursday after a strong surge in prices the previous session has failed to attract enough new buyers so far today to continue the rally.

  • Crude Oil Forecast – crude oil markets explode to upside on Wednesday
    FX Empire6 days ago

    Crude Oil Forecast – crude oil markets explode to upside on Wednesday

    After a better than expected inventory number coming out of the United States, crude oil markets shot straight up in the air during trading on Wednesday, pressing major resistance above.

  • ETF Trends7 days ago

    Supply-Demand Scenario Could Benefit Oil ETFs

    The United States Oil Fund (USO) , which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (BNO) , which tracks Brent crude oil futures, are trading higher to start September and could accrue more gains thanks to potentially favorable supply/demand dynamics. While crude oil prices have pulled back from three-and-a-half year highs as major global oil producers sought to raise output, the oil market still found support from geopolitical risk to supply in Iran. In its latest report, the Energy Information Administration revealed that domestic crude supplies fell by 4.3 million barrels for the week ending Aug. 31, but gasoline stockpiles climbed by 1.8 million barrels, which missed expectations.

  • PPI Falters, Crude Oil Soars on Heightened Supply Worries
    FX Empire7 days ago

    PPI Falters, Crude Oil Soars on Heightened Supply Worries

    The Labor Department reported on Wednesday is producer price index (PPI) for final demand edged lower by 0.1 percent last month after being unchanged in July. The drop in the PPI was the first since February 2017. Economists were looking for an increase of 0.2 percent in August. Crude oil prices rallied to their highest levels of this year after a drop in U.S. crude oil inventories and the prospect of the loss of Iranian supply triggered a strong upward price spike.

  • ETF Trends7 days ago

    How to Hedge Against Further Falling Oil prices

    Crude oil prices and oil-related ETFs have surged this year, but the energy market may be entering a period of seasonal weakness. Year-to-date, the United States Oil Fund (NYSEArca: USO), which tracks ...

  • Oil Price Fundamental Daily Forecast – “Fragile” Supply Situation Makes Prices Vulnerable to Upside Spike
    FX Empire7 days ago

    Oil Price Fundamental Daily Forecast – “Fragile” Supply Situation Makes Prices Vulnerable to Upside Spike

    Given the “fragile” situation, it doesn’t look like it is going to take much to spike prices higher. Later today at 1430 GMT, the U.S. Energy Information Administration is expected to report a 1.3 million barrel draw down for the week-ending September 7. A bigger-than-expected draw could drive prices sharply higher.

  • Crude Oil Price Forecast – crude oil markets explode to the upside
    FX Empire7 days ago

    Crude Oil Price Forecast – crude oil markets explode to the upside

    Crude oil markets shot straight up in the air at the open cry open during the day on Tuesday, as the volatility and confusion in the markets continues.

  • CNBC7 days ago

    Oil prices rise on lower U.S. crude inventories, looming Iran sanctions

    Oil prices were up on Wednesday as the U.S. East Coast braces for Hurricane Florence to make landfall on Friday.

  • Brent-WTI Spread Might Push Oil Exports and Downstream Stocks Up
    Market Realist8 days ago

    Brent-WTI Spread Might Push Oil Exports and Downstream Stocks Up

    On September 10, 2018, Brent crude oil November futures settled ~$9.83 higher than WTI crude oil October futures, the highest level for the Brent-WTI spread since June 19, 2018. On August 31, 2018, the spread was ~$7.84.

  • Oil Price Fundamental Daily Forecast – Supply Shortage Fears Driving Brent into $77.39 to $77.86
    FX Empire8 days ago

    Oil Price Fundamental Daily Forecast – Supply Shortage Fears Driving Brent into $77.39 to $77.86

    Brent is being supported by potential supply shortages due to the Iran sanctions. WTI’s gains are being limited by worries over U.S. supply after the rig count failed to increase last week. Furthermore, investors may be sitting on the sidelines ahead of Tuesday’s American Petroleum Institute weekly storage report and Wednesday’s U.S. Energy Information Administration weekly inventories.