This ‘hidden’ price of oil is at record highs — and it’ll hit your electric bill next

This ‘hidden’ price of oil is at record highs — and it’ll hit your electric bill next(9 min)(9 min)There are two oil markets. Your financial adviser — bless his expensive haircut — only knows about the fake one.The one your adviser knows trades at about $95. That would be the recent price of Brent crude BRN00. This is the number on television — the number your adviser points to and says, “Energy is fully valued,” as you nod because nodding gets you out of his office faster than asking follow-up questions.About the AuthorCharlie Garcia is the founder of R360, a global community of individuals and families with a net worth of $100 million or more. He is editor-in-chief of the Night Owl, R360’s exclusive publication delivering contrarian insights into global markets. Garcia is the author of the books “A Message From Garcia” and “Leadership Lessons of the White House Fellows.” A bitcoin enthusiast, he runs his own node.A Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.