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home / news releases / BNO - Weekly Energy Recap: Oil Bounces Back Amid KSA Pledge

BNO - Weekly Energy Recap: Oil Bounces Back Amid KSA Pledge

United States Brent Oil Fund LP ETV
  • The bearishness in the market was emphasized by the monthly oil reports from both OPEC and the International Energy Agency.
  • Despite that, Brent hit $43.15 per barrel and WTI crude price rose to $41.11 per barrel.
  • OPEC’s latest reassurances to its commitment to balance the market spurred confidence and pushed up prices higher.

For further details see:

Weekly Energy Recap: Oil Bounces Back Amid KSA Pledge
Stock Information
Company Name: United States Brent Oil Fund LP ETV
Stock Symbol: BNO
Market: NYSE
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