{"id":95526,"date":"2026-09-08T08:13:43","date_gmt":"2026-09-08T07:13:43","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=95526"},"modified":"2026-09-08T08:13:43","modified_gmt":"2026-09-08T07:13:43","slug":"ther-oil-price-is-rising-the-great-discomfort-is-coming","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/09\/08\/ther-oil-price-is-rising-the-great-discomfort-is-coming\/","title":{"rendered":"Ther oil price is rising: the Great Discomfort is coming"},"content":{"rendered":"<p>This was the<a href=\"https:\/\/markets.ft.com\/data\/commodities\/tearsheet\/charts?c=Brent+Crude+Oil\" target=\"_blank\" rel=\"noopener\"> FT's chart<\/a> of the Brent oil crude price per barrel at the close of business yesterday:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-95527\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/09\/Screenshot-2026-09-08-at-08.08.53-550x412.png\" alt=\"\" width=\"550\" height=\"412\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/09\/Screenshot-2026-09-08-at-08.08.53-550x412.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/09\/Screenshot-2026-09-08-at-08.08.53-401x300.png 401w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/09\/Screenshot-2026-09-08-at-08.08.53-768x575.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/09\/Screenshot-2026-09-08-at-08.08.53-534x400.png 534w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/09\/Screenshot-2026-09-08-at-08.08.53.png 1288w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>Now $99 a barrel, and inexorably rising.<\/p>\n<p>All my economic predictions for this autumn remain: <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/09\/08\/the-great-discomfort-is-coming\/\" target=\"_blank\" rel=\"noopener\">The Great Discomfort<\/a> is coming.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This was the FT&#8217;s chart of the Brent oil crude price per barrel at the close of business yesterday: Now $99 a barrel, and inexorably<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/09\/08\/ther-oil-price-is-rising-the-great-discomfort-is-coming\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,147],"tags":[],"class_list":["post-95526","post","type-post","status-publish","format-standard","hentry","category-economics","category-inequality"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/95526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=95526"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/95526\/revisions"}],"predecessor-version":[{"id":95528,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/95526\/revisions\/95528"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=95526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=95526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=95526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}