ETF Trends
ETF Trends

ETF Spotlight on United States Commodity Brent Oil Fund (NYSEArca: BNO), part of a weekly series.

Assets: $13.7 million

Objective: BNO aims to track the price of Brent oil by owning futures contracts

Holdings: The portfolio consists of futures for Brent crude oil

What You Should Know

The Latest News

  • Brent crude prices have surged as a result of widespread protests in the Middle East, which rose 5% today alone
  • BNO is one of the top-performing futures-based oil ETFs lately
  • Brent supplies are already very tight, and it’s been estimated that the loss of production has been roughly one-half to one-third of daily output, says CNBC

The ETF Spotlight archives.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.