NYSE:BNO

Uscommodity Brent Oil Fund Lp Etf ETF News

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$53.94
+1.05 (+1.99%)
At Close: Jun 03, 2026
WTI crude futures have risen nearly 10% in three days as hopes for a quick peace deal fade.
Kuwait could recover its oil production to ​almost 70% of normal levels in 6-8 ‌weeks after the Strait of Hormuz reopens, Kuwait Petroleum Company's managing director for international marketing,
Russia's oil and gas tax revenue, which accounts for around a fifth of ​total budget income, increased by 32.4% year-on-year in May ​to 678.9 billion roubles ($9.3 billion), Finance Ministry data
U.S. futures were mostly steady as stocks looked to extend the technology-led surge, even as continued Middle East escalation clouded sentiment in other sectors.
Brent crude and WTI prices were rising on Wednesday after an exchange of fire between American and Iranian forces.
European stocks slip on U.S. tariff proposal
With geopolitical risk premium largely removed, oil benchmarks found support inside channels while natural gas maintained strength. WTI defended $94.68 with higher lows, Brent held $96.93, and NatGas
An exchange of attacks between the U.S. and Iran could complicate negotiations and put at risk the reopening the Strait of Hormuz, a critical oil waterway.
Oil prices rose for a third day running on Wednesday and the dollar was on the brink of breaking above 160 yen as fresh hostilities flared in ​the Gulf after U.S.-Iran peace talks stalled.
Oil prices edged higher as investors weighed uncertainty over U.S.-Iran talks. U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles.
Oil prices climbed more than 1% in early trade on Wednesday as hostilities in the Middle East erupted anew with ​Iran firing missiles at Kuwait and Bahrain, while diplomatic talks ‌between Iran an
Oil prices gained amid signs that U.S.-Iran peace talks may struggle to remain on track.
Secretary of State Macro Rubio indicated to the Senate Foreign Relations Committee that mines in the Strait of Hormuz pose a significant threat. It is unclear how many mines Iran has laid in the sea l
Crude oil remains trapped within a symmetrical triangle pattern, but a higher swing low and bullish reversal signal growing upside pressure toward key resistance levels.
Oil markets are moving higher as President Trump said that he expected that memorandum of understanding with Iran would be ready over the next week.
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