In 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.

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Part 2: In the second of a two-parter, we discuss Mark’s recollections of Brent reform in the early 2000s, and we get his verdict on the benchmark’s remarkable survival story.

This episode of The Price of Everything is introduced by Neil Bradford and presented by David Elward. The guest was Mark Quartermain. It was produced by Andrew Wheeler in collaboration with Sassy Clyde of Janno Media.

Mark Quartermain spent nearly four decades at Shell. He started as a chemical engineer at the Stanlow refinery in England and gained supply chain experience before moving into oil trading. After a series of regional trading and leadership positions, he became head of Shell’s global oil products trading and supply business, later assuming the equivalent position for crude oil.

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