In 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.

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Part 2: In the second of a two-parter, we explore the proliferation of trading around Brent crude oil, the role of the so-called ‘Wall Street Refiners’, and our guests offer their take on the Brent benchmark.

This episode of The Price of Everything is introduced by Neil Bradford and presented by David Elward. The guests we Liz Bossley and Colin Bryce. It was produced by Andrew Wheeler in collaboration with Sassy Clyde of Janno Media.

Liz Bossley is the CEO of Consilience Energy Advisory Group and has a 40-year career in international energy markets, spanning trading, risk management, marketing, and extensive experience of contract negotiations. She has been involved in bringing more than 30 new grades of crude oil to the market worldwide. She started her career at the British National Oil Corporation.

Colin Bryce is a founding partner of Energex Partners and has over 40 years’ experience in commodities and financial services. He joined Morgan Stanley in 1987 to establish its oil trading and risk management practice in London, and went on to serve as Chairman of Morgan Stanley Bank International Ltd. He also started his career at the British National Oil Corporation.

If you’ve enjoyed this episode and want to get in touch, or if you have ideas and would like to be involved in future episodes of The Price of Everything, then please get in touch.

Learn more about General Index and how we’re bringing robust, reliable price transparency to the world’s global commodity markets.

Find out more about Liz Bossley and Consilience Energy Advisory Group.

Find out more about Colin Bryce and Energex Partners.