BNO is trading at $67.52, down 5.42%, as U.S.-Iran diplomatic efforts and Iran-Qatar talks eased fears of further Middle East supply disruptions.
- Brent crude fell more than 4% in morning trading, weighing directly on this Brent-focused fund.
- The decline appears commodity-specific: major U.S. equity indices were higher while oil prices dropped.
- The quote is live at 9:41 a.m. EST, so the move may change during the session.