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Statements of Financial Condition (USD $)
Dec. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents (Note 5) $ 25,257,312 $ 39,506,019
Equity in trading accounts:    
Cash and cash equivalents 3,271,010 4,934,103
Unrealized gain on open commodity futures contracts 28,670 739,330
Receivable from General Partner (Note 3) 80,653 47,248
Dividend receivable 584 1,036
Other assets 1,035 827
Total assets 28,639,264 45,228,563
Liabilities and Partners’ Capital    
Payable for shares redeemed 2,190,654 0
Professional fees payable 140,442 125,339
General Partner management fees payable (Note 3) 18,110 28,273
Brokerage commissions payable 821 1,221
Other liabilities 894 1,109
Total liabilities 2,350,921 155,942
Commitments and Contingencies (Notes 3, 4 and 5)      
Partners' Capital    
General Partner 0 0
Limited Partners 26,288,343 45,072,621
Total Partners' Capital 26,288,343 45,072,621
Total liabilities and partners' capital $ 28,639,264 $ 45,228,563
Limited Partners’ shares outstanding 600,000 1,100,000 [1]
Net asset value per share $ 43.81 $ 40.98 [1],[2]
Market value per share $ 44.54 $ 41.04 [1]
[1] On August 26, 2013, the United States Brent Oil Fund, LP executed a 2-for-1 forward share split for all shareholders of record as of the close of markets on August 26, 2013. The 2-for-1 forward share split was payable after the close of markets on August 28, 2013. United States Brent Oil Fund, LP began trading its post-share split price on August 29, 2013. The Statements of Financial Condition have been adjusted for the period shown to reflect the 2-for-1 forward share split on a retroactive basis.
[2] On August 26, 2013, BNO executed a 2-for-1 forward share split for all shareholders of record as of the close of markets on August 26, 2013. The 2-for-1 forward share split was payable after the close of markets on August 28, 2013. BNO began trading at its post split price on August 29, 2013. The Financial Highlights have been adjusted for the periods shown to reflect the 2-for-1 forward share split on a retroactive basis.