EX-99.1 2 tv521972_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States Brent Oil Fund, LP
Monthly Account Statement
For the Month Ended April 30, 2019
Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	6,663,590
Unrealized Gain (Loss) on Market Value of Futures			289,760
Dividend Income			64,500
Interest Income			127,681
ETF Transaction Fees			1,050
Total Income (Loss)		$	7,146,581
Expenses
General Partner Management Fees		$	60,767
Professional Fees			2,876
Brokerage Commissions			8,519
Non-interested Directors' Fees and Expenses			1,053
Total Expenses			73,215
Expense Waiver			(223	)
Net Expenses		$	72,992
Net Income (Loss)		$	7,073,589
Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 4/1/19		$	94,160,437
Additions (50,000 Shares)			1,052,468
Withdrawals (200,000 Shares)			(4,082,405	)
Net Income (Loss)			7,073,589
Net Asset Value End of Month		$	98,204,089
Net Asset Value Per Share (4,750,000 Shares)		$	20.67

To the Limited Partners of United States Brent Oil Fund, LP:

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended April 30, 2019 is accurate and complete.

/s/ Stuart P. Crumbaugh

Stuart P. Crumbaugh

Chief Financial Officer

United States Commodity Funds LLC, General Partner of United States Brent Oil Fund, LP

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596