5 thoughts on “Brent Prompt Futures Open at +$108

  1. New Deal democrat

    If this holds, it implies $4/gallon gas at the pump, probably within a week, and maybe sooner than that.

    He finally stepped in it.

    He finally, really, Stepped In It.

    Reply
  2. joseph

    Trump speaking about the Strategic Petroleum Reserve in July 2025:

    “We think we’re going to get the price lower. When the market is right, we’ll fill it up.”

    Art of the Deal. Oops!

    Reply
  3. baffling

    dow future down over 1000 points-thats over 2%. and oil up to $114 barrel. interestingly, gold is down and 10 year yields are up. not what you expect in a fear trade.

    Reply
  4. Julie

    The discussion about Brent hitting $108 and its impact on gas prices is spot on, but I’m curious about the broader implications for those of us considering a move or working remotely from Europe to offset these costs. With the shifting economic landscape in 2026, does anyone know if obtaining a Digital Nomad Visa or establishing tax residency through services like https://e-residence.com/ is becoming a more viable hedge against inflation in the US, or will the energy crisis in the EU make the cost of living adjustment a wash?

    Reply
    1. Macroduck

      I’m not sure “Europe” is the level of aggregation you need. Yes, Europe is vulnerable to energy shocks in a way the U.S. is not. However, housing costs are a large part of household budgets, and housing is a local issue.

      If I were making a decision about relocating, I’d pick a destination, or seven destinations, and cost them out. That’s something that relocation services do, so one reasin to get in touch with a relocation service, or a few, is getting help with cost estimates.

      Reply

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