EX-99.1 2 tm2512319d6_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Brent Oil Fund, LP

Monthly Account Statement

For the Month Ended March 31, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(5,274,740)
Unrealized Gain (Loss) on Market Value of Commodity Futures   8,659,290 
Dividend Income   181,007 
Interest Income   135,314 
ETF Transaction Fees   1,750 
Total Income (Loss)  $3,702,621 
      
Expenses     
General Partner Management Fees  $58,444 
Professional Fees   13,836 
Brokerage Commissions   6,196 
Directors' Fees and insurance   1,245 
Total Expenses  $79,721 
Net Income (Loss)  $3,622,900 
      

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/25  $90,101,546 
Additions (200,000 Shares)   5,779,342 
Withdrawals ((50,000) Shares)   (1,442,747)
Net Income (Loss)   3,622,900 
      
Net Asset Value End of Month  $98,061,041 
Net Asset Value Per Share (3,150,000 Shares)  $31.13 

 

To the Limited Partners of United States Brent Oil Fund, LP:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended March 31, 2025 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, General Partner of United States Brent Oil Fund, LP
   
United States Commodity Funds LLC  
1850 Mt. Diablo Boulevard, Suite 640  
Walnut Creek, CA 94596