Analysis of current economic conditions and policy
Brent Prompt Futures Open at +$108
NYMEX:
5 thoughts on “Brent Prompt Futures Open at +$108”
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.
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!
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.
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?
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.
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.
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!
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.
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?
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.