🔴 Brent Oil ETF (BNO) is trading 3.1% down today as Brent crude prices decline

BNO is trading at $49.17 (-3.05%) as Brent crude prices decline roughly 1%–2% on August 13, 2026.

• OPEC and the IEA lowered their 2026 global oil-demand outlooks.
• A reported 17.4-million-barrel U.S. crude inventory build added selling pressure.
• BNO primarily tracks near-month Brent crude futures, while broader equities are higher, indicating an oil-specific global catalyst.