The Price of Everything, Series 1: Dated Brent
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 Dated 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 from refining, and discuss Shell’s role in Brent market standardisation.
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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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.