United States Brent Oil Fund, LP

The Benchmark Futures Contract is the futures contract on Brent crude oil as traded on the Ice Futures Europe Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire.

This week saw significant movements in global markets driven by geopolitical tensions in the Middle East, robust U.S. job gains, and various economic indicators influencing investor sentiment across regions.

Global Markets Weekly: Oil Prices Rise Amid Middle East Tensions

FOX Business contributor Phil Flynn reacts to rising oil prices amid Middle East tensions on 'The Bottom Line.'

There could be a major price spike in oil: Phil Flynn

Goldman Sachs said on Friday that it expects its Brent price forecast to peak $10-$20 per barrel in 2025 due to potential disruptions in Iranian production.

Goldman eyes Brent outlook rise due to Iranian supply risks

Friday's strong September jobs report sent three of the four indices higher on the week. Crude Oil spiked due to tensions and uncertainty in the Middle East.

Stock Market This Week: Crude Oil Climbs, NVDA's "Insane" Blackwell Demand, NKE Sells Off

To get the latest market news check out finance.yahoo.com Oil was on pace for its biggest weekly increase in more than a year on Friday over concerns that Israel could target Iran's crude facilities in response to Tehran's recent missile assault. West Texas Intermediate (CL=F) rose more than 2% midday to hover above $75 per barrel.

United States Brent Oil Fund, LPBNO

United States Brent Oil Fund, LP
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