Talks

Spoken essays on politics, economics and culture. Each week I examine sovereign debt, markets, history, philosophy and books.

Werner Mouton 10/26/26 Werner Mouton 10/26/26

Who Collects the Oil Gap

Brent futures cost $107 in mid-October, but physical North Sea crude cost $134. Who collects the gap between the oil price and the diesel pump, and who pays?