BNO United States Brent Oil Fund, LP Loading... BRN WTI USO UCO : Bullish and Bearish Analyst Opinions

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14:12
Jul 20
FirstSquawk Newswire (@FirstSquawk)
An oil supertanker managed by Greece's Dynacom Tankers Management was struck in the Strait of Hormuz, raising supply disruption concerns.
USO
14:10
Jul 20
Bloomberg Newswire (@business)
An oil supertanker managed by Greece's Dynacom Tankers Management was struck in the Strait of Hormuz, raising concerns about potential supply disruptions.
USO
13:46
Jul 20
FirstSquawk Newswire (@FirstSquawk)
Russia accuses Ukraine of attempting to destabilize global oil markets, raising geopolitical supply concerns.
USO
12:44
Jul 20
KobeissiLetter Founder & Editor-in-Chief, The Kobeissi Letter
Yemen's Houthis announce a maritime embargo against Saudi Arabia, threatening the passage of 4.5 million barrels of crude oil per day through the Bab al Mandeb Strait.
USO
12:34
Jul 20
zerohedge Financial blog / news aggregator
Gasoline prices crossed $4 a gallon as renewed U.S.-Iran hostilities disrupted energy flows through the Strait of Hormuz, with national average retail prices up over 30% since late February.
USO
12:17
Jul 20
Isabelle Mateos y Lago Group Chief Economist, BNP Paribas Bloomberg Markets
Energy prices poised to spike higher
Diesel and jet fuel spreads are at record highs, reflecting physical market tightness and depleted inventories. With no clear de-escalation path in the US-Iran conflict, energy prices are at significant risk of moving much higher to destroy demand, tightening markets further.
BNO 1ST
HIGH
12:10
Jul 20
Bloomberg Newswire (@business)
Any further attacks on Caspian Pipeline Consortium facilities risk longer-term disruptions and may result in lower oil flows from Kazakhstan.
USO
12:08
Jul 20
Stephen Stapczynski Asia Energy Coverage, Bloomberg Bloomberg Markets
Escalating attacks threaten oil supply
Escalating US-Iran hostilities are reducing vessel traffic through the Strait of Hormuz, and attacks are expanding from military infrastructure to energy assets including in Kuwait. This is creating market anxiety and fears of further damage to refineries, pipelines, and oil and gas facilities, shifting focus from reopening the strait to repairing facilities, which supports higher oil prices.
WTI BNO
MED
12:07
Jul 20
Samantha Dart Head of Digital Assets, Bitwise Bloomberg Markets
Tightening Gulf supply lifts oil prices.
Persian Gulf oil exports have dropped below 50% of normal due to US-Iran escalation, supply is tightening, and prices can continue to rise while the conflict lasts.
WTI
HIGH
11:44
Jul 20
FirstSquawk Newswire (@FirstSquawk)
US Treasuries recover from earlier losses as WTI crude oil drops 2.6% to its lowest level of the trading day.
USO
11:35
Jul 20
FirstSquawk Newswire (@FirstSquawk)
Oil futures extend their decline with Brent crude falling below 87 dollars a barrel in trading.
USO
11:31
Jul 20
Samantha Dart Head of Digital Assets, Bitwise Bloomberg Markets
Tightening supply lifts oil prices.
Visible exports from the Persian Gulf have dropped below 50% of normal as the Strait of Hormuz remains effectively closed. The direction of travel is one of tightening supply, and oil prices can continue to increase while the disruption lasts.
BNO FLIP
HIGH
10:55
Jul 20
zerohedge Financial blog / news aggregator
Iran reports two tankers exploded in the Strait of Hormuz chokepoint as ship traffic nears a standstill.
USO
10:14
Jul 20
KobeissiLetter Founder & Editor-in-Chief, The Kobeissi Letter
The average US gas price rises back above $4.00 per gallon as the Iran War returns and the Memorandum of Understanding collapses.
USO
10:00
Jul 20
Reddit thread includes an upvoted comment that oil calls failed after Iran-talk headlines pressured crude. This is a headline-risk/community sentiment datapoint, not an explicit short or puts call, so it should be watched rather than treated as an actionable short.
WTI
LOW
09:40
Jul 20
u/I_killed_the_kraken Reddit r/wallstreetbets
US crude inventories are at a 45-year low, 43 days of supply remain, and the Strait of Hormuz is shut — all pointing to a physical supply crunch. The market’s $71/bbl year-end price estimate ignores the imminent shortfall, creating a mispricing that will correct as shortages hit headlines. Long call options on crude oil to profit from the expected price spike driven by forced demand rationing or a geopolitical resolution. A surprise diplomatic deal to reopen Hormuz, strategic petroleum reserve releases, or a recession that crushes demand could invalidate the thesis.
USO 1ST
HIGH
09:16
Jul 20
Stuart Livingstone-Wallace Bloomberg Executive Editor for Middle East, North Africa, a… Bloomberg Markets
Oil supply disruption fears rising.
The US-Iran conflict escalation and Iran's threat to control Strait of Hormuz have caused a collapse in market sentiment that shipping will normalize, with prediction market odds dropping from 70% to 8%. The oil forward curve has moved up across the board, reflecting increasing bearishness about supply returning quickly, which is pushing Brent prices higher and edging them toward the April/May highs.
BNO
MED
08:57
Jul 20
FirstSquawk Newswire (@FirstSquawk)
Iraq's SOMO seeks August-September gasoil deliveries in its first such purchase since January 2025, according to a document.
USO
08:36
Jul 20
zerohedge Financial blog / news aggregator
Iran declares its sovereign rights over the Strait of Hormuz are non-negotiable, raising geopolitical tensions that could disrupt oil supply routes.
USO
08:12
Jul 20
zerohedge Financial blog / news aggregator
US average gasoline prices rise above four dollars a gallon according to AAA data.
USO
08:05
Jul 20
Bloomberg Newswire (@business)
Pump prices climbed back over four dollars a gallon in the US as fighting in the US-Iran war escalated, reigniting a broader energy crisis amid a global crunch for transportation fuels.
USO
07:53
Jul 20
FirstSquawk Newswire (@FirstSquawk)
Oil loadings from the Caspian Pipeline Consortium are suspended again after another attack on a tanker on July 20 following a short-term resumption.
USO
07:46
Jul 20
FirstSquawk Newswire (@FirstSquawk)
Iran asserts its sovereign rights over the Strait of Hormuz, a key oil transit chokepoint, raising supply disruption concerns.
USO
07:45
Jul 20
FirstSquawk Newswire (@FirstSquawk)
Oil futures pare gains as Brent crude trades back below $89 a barrel after earlier session highs.
USO
07:42
Jul 20
Bias is higher oil prices.
The Strait of Hormuz is essentially closed and oil infrastructure is being targeted again, marking material escalation. The bias is clearly higher oil prices from here, though likely not reaching $120/bbl on Brent due to demand destruction, China demand loss, and alternative supply from Saudi Arabia and US exports.
BNO
HIGH
07:41
Jul 20
FirstSquawk Newswire (@FirstSquawk)
U.S. average retail gasoline price hits $4 per gallon again due to renewed fighting in the Middle East, according to AAA.
USO
07:05
Jul 20
Bloomberg Newswire (@business)
Palm oil prices rose to their highest in nearly a month, tracking renewed strength in crude and other vegetable oil prices amid escalating military strikes between the US and Iran.
USO
06:58
Jul 20
zerohedge Financial blog / news aggregator
A UK Navy vessel near Oman was struck by an unknown projectile, the fire remains unextinguished, and the crew has safely abandoned ship.
USO
06:50
Jul 20
Bloomberg Newswire (@business)
An oil tanker halted in the Strait of Hormuz after the Iranian Navy targeted vessels, raising concerns about deepening disruptions as Middle East hostilities escalate.
USO
05:43
Jul 20
Newsquawk Newswire (@Newsquawk)
Iran suspends implementation of the MoU and exchanges strikes with the US, pushing Brent crude up 2.4 percent.
USO

About BNO Analyst Coverage

Buzzberg tracks BNO (United States Brent Oil Fund, LP) across 162 sources. 1281 bullish vs 308 bearish calls from 851 analysts. Sentiment: predominantly bullish (14%). 6976 total trade ideas tracked. Past 7 days: 45 bullish, 5 bearish, 335 watch. Latest voices: FirstSquawk, Bloomberg, KobeissiLetter.