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United States Brent Oil Fund (BNO) — chart, structure and Closelooknet read

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Signals for this name

Every Closelooknet reading that exists for BNO, from the same nightly bakes the boards use. Research diary readings, not advice.

Mentioned on Closelooknet 35 pieces · newest: Morning 10, “Korea — Kospi −5.5% breaks its 18-month uptrend; SK Hynix and Samsung about −8% on a China memory scare” (2026-10-13)

Mentioned on Closelooknet

Where BNO appears in the diary — 35 pieces, newest first. Every link is our own writing.

Dailies

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 57/100 · S&P 500 fund at 71, bullish alignedEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-10-09
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 94th percentile of the window, +5.0% over 20 sessions. Factor regime → 2026-10-12
  • Sovereign pressure Index 0.04 · down 0.71 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-10-09
How it trades on rate days beta −2.27 to TLT · on the worst bond days it held up better than the market

How it trades on rate days

How BNO has moved when long-dated Treasury yields rise — measured against TLT, the 20+ year Treasury fund.

  • Beta to long bonds, 1 year −2.27 — moves strongly against bonds for every 1% move in TLT (20+ year Treasuries), United States Brent Oil Fund moved −2.27% on average · correlation −0.45 · higher than 0% of US names
  • Beta, last 3 months −2.66 less rate-sensitive lately than over the year
  • On the 10 worst bond days +2.81% on average against −0.74% for the S&P 500 the 10 sessions of the past year in which TLT fell most, i.e. long yields rose most
  • Latest of those days +2.45% TLT −1.29% that day 2026-09-24

Daily total returns from the adjusted price series; a TLT down day is a day long yields rose. Beta = the average move of the name for a 1% move in TLT. Past sensitivity, not a forecast. An investment diary, not a recommendation.

About United States Brent Oil Fund

United States Brent Oil Fund (BNO) is an exchange-traded fund that trades on US exchanges. Closelooknet tracks it as a benchmark: the dailies and the sector dispersion board quote it as a market reference, and the holdings card above matches its largest positions against the names with a Closelooknet page. It is a constituent of Closelooknet benchmark ETF set.

closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

FAQ · from the current data · as of 2026-10-13

Quick answers

What is United States Brent Oil Fund (BNO)?

United States Brent Oil Fund is an exchange-traded fund trading as BNO on the US exchange (US) and is one of the benchmark ETFs Closelooknet tracks as a market reference, as of the registry build of 2026-10-13.

How does Closelooknet use BNO?

As a benchmark: the daily editions, the sector dispersion board and the index dashboards quote United States Brent Oil Fund as a market reference, and this page matches the fund's largest holdings against the names Closelooknet covers so a reader can move from the fund to the companies inside it.

Where does BNO trade against its moving averages?

Uptrend stack intact: Trades +15.7% vs the 50-day and +38.4% vs the 200-day average, 1% below the 52-week high and +139.9% off the 52-week low. Computed from daily closes. As of 2026-10-12 — a technical state from the nightly Closelooknet bake, not advice. The Technical tab carries the full row.

How does United States Brent Oil Fund trade when bond yields rise?

Over the past year United States Brent Oil Fund had a beta of −2.27 to TLT, the long-dated Treasury fund — it moves strongly against bonds, higher than 0% of US names. On the 10 sessions in which long bonds fell most it moved +2.81% on average, against −0.74% for the S&P 500. The "How it trades on rate days" block on this page carries the lines.

Where has Closelooknet written about United States Brent Oil Fund?

United States Brent Oil Fund appears in 35 Closelooknet pieces, most recently Morning 10: Korea — Kospi −5.5% breaks its 18-month uptrend; SK Hynix and Samsung about −8% on a China memory scare (2026-10-13); Morning 10: Korea — Kospi −3.5% on its first day back as chipmakers catch up; SpaceX deal sinks T-Mobile 13% (2026-10-12); Morning 10: AI Capex — chip index −3.4% after OpenAI's revenue comes in at $50 billion, not $70 billion; software rises (2026-10-09). What Closelooknet said most recently: Energy led the sectors: the energy fund XLE +1.4%, the Brent oil fund BNO +1.8% to 65.12, its highest close this year. (Morning 10, 2026-10-13). The "Mentioned on Closelooknet" block on this page lists the long reads, the reference entries and the dailies that name it.

What does this page show?

A live price chart with SMA overlays and drawing tools for BNO, fund basics and the top holdings by weight with the Closelooknet names among them marked, the technical state where the data exists, and the research diary mentions — an investment research diary view, not investment advice.