United States Brent Oil Fund, LP Reports Monthly Financial Results for February 2025

Summary

United States Brent Oil Fund, LP reported a net loss of $2,988,184 for the month ended February 28, 2025. The net loss was driven by a significant realized trading loss on commodity futures of $3,483,270, partially offset by gains from unrealized trading on commodity futures and other income sources. The Net Asset Value decreased from $100,725,148 at the beginning of February to $90,101,546 at the end of the month. A copy of the monthly account statement is furnished as Exhibit 99.1 to this Current Report on Form 8-K.