United States Brent Oil Fund, LP Files Audited Financial Statements for 2024 and 2023

Summary

United States Brent Oil Fund, LP has filed its audited Statements of Financial Condition for the years ended December 31, 2024 and 2023, as part of its current report on Form 8-K. The filing includes audited financial statements of United States Commodity Funds LLC, the general partner of United States Brent Oil Fund, LP, which reflect financial activities for the stated periods. As of December 31, 2024, total assets decreased from $8,686,371 in 2023 to $7,128,612 in 2024, largely driven by a reduction in investments and management fees receivable. The financial statements also disclose ongoing legal proceedings and potential contingencies. No accrual has been recorded for these legal matters as of the balance sheet date.