Welcome to The Price of Everything, a podcast that aims to shine a light on pricing. The cost of commodities – energy, food, etc. – play such an important role in our lives: accounting for around $5trillion worth of worldwide trade. But how are those prices actually calculated? Why do they move up and down so much? And what’s next? The Price of Everything is the first podcast dedicated purely to how pricing works. Introduced by Neil Bradford, Founder & CEO of General Index (GX), and hosted b ...
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Oil Markets Energy Markets Pricing Commodities Benchmarks Podcasts

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SAF revisited: Views from a world leading project financer
49:09
49:09
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49:09In this episode of The Price of Everything, we're returning to Sustainable Aviation Fuel (SAF). The SAF landscape is very fresh and emerging as a real focal point in the energy transition space, so there are various ways to look at the SAF market. Our guest for this episode is going to help us view SAF from a project finance side. John May, Managin…
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Middle East crude: Views from an exchange
37:27
37:27
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37:27For the carbon-intensive energy sources being transitioned away from, commoditisation is far more advanced. But pricing and standards rarely stand still for long and the era of energy transition will challenge existing norms like never before. Oil markets have long been at the vanguard of pricing evolution, and from time to time, we’ll delve into t…
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Across the energy transition landscape, few markets are expecting the journey to reduce emissions to be plain sailing. In this episode of the podcast, we're looking at the marine fuels (bunker fuels) space, and like the other markets we've considered so far, particularly SAF, there are a number of challenges including changing fuels, adapting infra…
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In the landscape of the energy transition, one sector that is harder to reduce carbon emissions than others, is the aviation industry. The challenge has been set, the big goal for the aviation sector is net zero by 2050, and amid the range of routes to achieve that are alternative fuels – namely SAF. Joining us for this episode and taking us throug…
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Across the energy transition landscape, few markets have attracted as much fanfare and derision in recent years as Voluntary Carbon. “The VCM” as it’s commonly known, has been on a rollercoaster ride. Carbon markets and emissions offsetting which have been around for decades have exploded onto the scene as a way for seemingly anyone and everyone wa…
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European Gasoline: A Smarter Road Ahead for Price Benchmarking
32:25
32:25
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32:25In this special episode of The Price of Everything, we discuss changes afoot in the European gasoline market and how General Index is pitching an exciting new model for pricing the key regional ‘Eurobob’ benchmarks. This episode of The Price of Everything is introduced by Neil Bradford and presented by David Elward. The guest was Saket Vemprala. It…
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Brent: Episode 5, Part 2 - Dr. Adi Imsirovic, Saket Vemprala
35:04
35:04
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35:04In the fifth episode of a brand-new podcast from General Index, we discuss the future of the Brent benchmarks. Missed part 1? Listen on Spotify Listen on Apple Part 2: In the second of a two-parter, we continue to discuss the proposals to reform Dated Brent, ponder what lies beyond Brent, and, as we reach the end of the series, ask has it been an e…
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Brent: Episode 5, Part 1 – Dr. Adi Imsirovic, Saket Vemprala
33:27
33:27
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33:27In the fifth episode of a brand-new podcast from General Index, we discuss the future of the Brent benchmarks. Part 1: In the first of a two-parter, we unpack the galaxy of Brent prices, explore the impact of declining North Sea oil production, and consider the latest proposals to reform the Dated Brent benchmark. This episode of The Price of Every…
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Brent: Episode 4, Part 2 - Mark Quartermain
30:45
30:45
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30:45In the fourth episode of a brand-new podcast from General Index, we speak to the former head of the world’s largest crude oil trading business about his long career and explore how the Brent benchmark evolved to stay relevant. Missed part 1? Listen on Spotify Listen on Apple Part 2: In the second of a two-parter, we discuss Mark’s recollections of …
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Brent: Episode 4, Part 1 - Mark Quartermain
30:51
30:51
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30:51In the fourth episode of a brand-new podcast from General Index, we speak to the former head of the world’s largest crude oil trading business about his long career and explore how the Brent benchmark evolved to stay relevant. Part 1: In the first of a two-parter, we explore how Mark first got interested in oil, how he made the leap into trading fr…
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In the third episode of a brand-new podcast from General Index, we discuss the origins of the Dated Brent benchmark. In this episode, we return to the 1980s to explore the background to the Dated Brent benchmark, the role of the PRAs, and why price benchmarks became integral to the functioning of oil markets. This episode of The Price of Everything…
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Brent: Episode 2, Part 2 - Liz Bossley, Colin Bryce
32:15
32:15
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32:15In the second episode of a brand-new podcast from General Index, we discuss the discovery of North Sea oil in the 1970s, and the early years of Brent crude trading and the rise of the famous price benchmark in the 1980s. Missed part 1? Listen on Spotify Listen on Apple Part 2: In the second of a two-parter, we explore the proliferation of trading a…
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Brent: Episode 2, Part 1 - Liz Bossley, Colin Bryce
31:51
31:51
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31:51In the second episode of a brand-new podcast from General Index, we discuss the discovery of North Sea oil in the 1970s, and the early years of Brent crude trading and the rise of the famous price benchmark in the 1980s. Part 1: In the first of a two-parter, we discuss the North Sea oil discoveries, the role of the British National Oil Corporation …
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Brent: Episode 1, Part 2 - Dr Adi Imsirovic
34:25
34:25
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34:25In the first episode of a brand-new podcast from General Index, we discuss the history of oil pricing and the background to the famous Brent crude price benchmark with Dr Adi Imsirovic. Part 2: In the second of a two-parter, we discuss how the oil trade grew outside of the USA in the years around WWI-WWII, the IOCs vs NOCs, price benchmarks in the …
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Brent: Episode 1, Part 1 – Dr Adi Imsirovic
26:27
26:27
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26:27In the first episode of a brand-new podcast from General Index, we discuss the history of oil pricing and the background to the famous Brent crude price benchmark with Dr Adi Imsirovic. In the first of a two-parter, we return to the 1860s and the origins of the modern traded market, find out who were the ‘Dump Men’ of Oil Creek, and explore the rol…
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