NYSE:BNO

Uscommodity Brent Oil Fund Lp Etf ETF News

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$52.48
-1.46 (-2.71%)
At Close: Jun 04, 2026
Crude oil gets hammered as traders are reacting to the idea that Americans and Iranians are speaking.
US Energy Secretary Chris Wright says oil from the US strategic reserve started flowing on Friday afternoon. "Prices have not risen high enough yet to drive meaningful demand destruction,” Wright sa
Global oil prices have ​not climbed enough ‌to cause demand destruction, U.S. Energy Secretary ​Chris Wright ​said on Monday at ⁠the CERAWeek energy ​conference in Houston ​Texas.
Federal Reserve Gov. Stephen Miran reaffirmed his preference for four interest rate cuts this year in support of the labor market despite rising oil prices.
Investors are piling back into shares after US president announces ‘very good and productive' conversations with Iran, sending oil price down
Well-respected economists Krugman and Brooks believe we are near to the peak in oil prices because demand destruction takes place if it goes much higher
Oil ​prices fell by ‌over 13% on Monday after U.S. ​President Donald ​Trump said he would ⁠order the ​military to postpone any ​strikes against Iranian power plants and energy ​infrast
Goldman Sachs has upgraded its forecast for oil in 2026 by 10%
As Hormuz supply risks drive an energy premium, WTI reclaims $100 and Brent eyes $119. Read our forecast on whether this 50% rally has more room to run.
Brent crude is now expected to average $85 a barrel this year, up from a previous forecast of $77. The U.S. oil gauge West Texas Intermediate is seen at $79 a barrel from $72 earlier.
China intervened to cushion rising fuel prices on Monday, increasing regulated ceiling prices ​for retail gasoline and diesel but limiting the hike to ‌about half what would normally be applied un
Quantum Helium Ltd (AIM:QHE) said its Sagebrush Project generated US$617,044 in gross oil sales revenue in calendar 2025, as the AIM-listed group continued to use hydrocarbon production to help fund i
Oil markets remain tight as supply disruptions and strong spot demand push prices higher. Bullish sentiment builds on shrinking global availability.
Crude prices were volatile early in the session before paring initial losses. Fears over prolonged disruption in the Strait of Hormuz have kept investors on edge, pushing oil prices higher.
Amrita Sen of Energy Aspects discusses the moves in the oil market following the Iran war, saying benchmark Brent crude is not fully reflecting the "true tightness" in global supply.
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