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United States Brent Oil Fund, LP Issues Annual Financial Statements for 2025

| 8-K

Summary

United States Brent Oil Fund, LP (BNO) has issued its annual financial statements for the year ended December 31, 2025, as required by Rule 4.22 under the Commodity Exchange Act. The fund reported a net loss for the year, with total income of $(2,973,563) and total expenses of $1,118,745, resulting in a net loss of $(4,092,308). The net asset value per share decreased from $30.14 at the beginning of the year to $28.29 at the end of the year, reflecting a total return of -6.14%. The fund's primary investments are in futures contracts for Brent crude oil.

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