United States Brent Oil Fund LP Files 2024 10-K
Ticker: BNO · Form: 10-K · Filed: Feb 28, 2025 · CIK: 1472494
Sentiment: neutral
Topics: oil, futures, 10-K, commodities
Related Tickers: BNO
TL;DR
BNO filed its 2024 10-K. Oil futures performance detailed.
AI Summary
United States Brent Oil Fund, LP filed its 2024 10-K on February 28, 2025, reporting on its fiscal year ending December 31, 2024. The filing details the fund's financial performance and operations related to its investments in Brent crude oil futures contracts. Key financial data and disclosures regarding unrealized gains and losses on open commodity futures contracts are presented.
Why It Matters
This filing provides investors with crucial financial information and performance data for the United States Brent Oil Fund, LP, impacting decisions related to oil commodity investments.
Risk Assessment
Risk Level: medium — The fund's performance is directly tied to the volatile Brent crude oil market, making it susceptible to significant price fluctuations.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
- 2025-02-28 — Filing Date (Date the 10-K was submitted to the SEC)
Key Players & Entities
- United States Brent Oil Fund, LP (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-28 (date) — Filing date
- Brent crude oil (commodity) — Underlying asset for the fund's investments
FAQ
What was the fund's net change in unrealized gain or loss on open commodity futures contracts for the fiscal year ended December 31, 2024?
The filing indicates "UnrealizedGainLossOnOpenCommodityFuturesContractsCurrentAndNoncurrent" but specific dollar amounts for the net change are not provided in this excerpt.
What is the primary investment strategy of the United States Brent Oil Fund, LP?
The fund invests in Brent crude oil futures contracts, as indicated by the context of its filings and the nature of oil funds.
When was the United States Brent Oil Fund, LP incorporated?
The company is incorporated in Delaware (DE), as stated in the filing.
What is the business address of the United States Brent Oil Fund, LP?
The business address is 1850 Mt. Diablo Blvd., Suite 640, Walnut Creek, CA 94596.
What SEC Act governs this filing?
This filing is made under the 1934 Act.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding United States Brent Oil Fund, LP (BNO).