EX-99.1 2 tm2521008d6_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Brent Oil Fund, LP 

Monthly Account Statement 

For the Month Ended June 30, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $14,687,470 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (8,056,970)
Dividend Income   155,650 
Interest Income   162,882 
ETF Transaction Fees   2,100 
Total Income (Loss)  $6,951,132 
      
Expenses     
General Partner Management Fees  $57,754 
Professional Fees   25,940 
Brokerage Commissions   6,781 
Directors' Fees and insurance   1,190 
Total Expenses  $91,665 
Net Income (Loss)  $6,859,467 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/25  $82,059,379 
Additions (550,000) Shares)   16,329,073 
Withdrawals ((50,000) Shares)   (1,454,442)
Net Income (Loss)   6,859,467 
      
Net Asset Value End of Month  $103,793,477 
Net Asset Value Per Share (3,550,000 Shares)  $29.24 

 

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 June 30, 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