Brian Parker

speaker
1,041 appearances 2 recordings 2 series first heard Apr 2026 last heard 16 Apr

Brian Parker’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
2 · Apr OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in Apr 2026 with 2.

Appearances

newest first · ▶ plays the moment
Yeah, you feel it.
Absolutely.
Absolutely.
So restricting 20% of the supply of anything is going to have an impact on the price.
Absolutely.
And so that's no kind of great surprise.
If there's one sort of relatively – and if I look at what the oil market is telling us, if I look at the spot price of oil for delivery within the next month or so, yes, that's spiked up.
But when you look at what the oil market is basically saying about the future price of oil –
There's still this view – the market is effectively saying that they're expecting common sense to eventually prevail.
So if you look at the longer-dated oil price, say the three-year futures contract, that's increased a little bit but not by that much, certainly by nowhere near as much as the spot price is.
But if you want to lock in a future supply or you want to lock in a particular price in the future, you can step into the futures market and buy a contract which will entitle you to take delivery of oil in three years' time at a price determined today.
Now, when you look at that future price, that's increased a little bit, but it's not increased by that much, which means the oil market is basically telling us that –
The smart money is expecting common sense to prevail and that things will eventually settle down, normal service gets resumed.
Now, if the oil market's right, that would be a really good thing.
And I think that's a reasonable expectation.
This doesn't seem to me to be the kind of conflict which is going to drag on for many, many months.
This is going to be resolved, I think, over the coming weeks.
I expect some kind of resolution.
Just given the cost involved for everybody is just so horrendous that...
that common sense has to prevail at some point.
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