Malcolm Moore
speaker
398 appearances
3 recordings
2 series
first heard Apr 2026
last heard 18 Aug
Malcolm Moore’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Aug 2026 with 1.
Appearances
Thanks for having me, Katie.
Well well, a as you were doing your intro, the thought that went through my mind was, Oh no, we're gonna get into the unknown unknowns territory.
There's definitely been some soul searching.
Um, I'd like to just divide up some of those things that you mentioned.
So the first thing is should people be talking about, ooh, oil's going to 200, oil's going to three hundred, four hundred, whatever big number you want to pick?
Maybe that's not wise.
You know, analysts have historically been very bad at calling what the oil price is going to rise to.
There have been lots of apocalyptic sort of numbers.
So so that is definitely something that people shouldn't do.
And and you know, we can we can all agree on that.
However, you know, looking at the fundamentals of the market, were they right to be saying we have a serious problem here?
No, I don't think so.
Um it's just that there were some big moving parts.
One was, of course, that the world agreed to release a lot of oil from strategic reserves and and we'll come to that.
The second one was China, for reasons that we still do not know, totally unknown, could be to do with the price, could be to do with something else, who knows?
Stopped buying oil and dug us all out of a big hole.
Right.
Since then, we had the ceasefire and all of those ships that were stuck in the Middle East, you know, all got out or a lot of them got out.
So that released a lot of oil onto the market.
Uh and ever since then, people have been thinking, okay, panic over, price can go down, we're working towards some sort of solution, and there's a lot of oil around, so prices don't need to be higher.
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