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Simon looks at commodities markets in oil. How is it produced? Why is this trade different to others? From June 2014.

How do you make economics funny? How do you put the comedy in commodity? Simon Evans has the answer in this new series which asks us to get involved in investment.

Rather than being cowed by an apparently complicated and overwhelming system, Simon jumps right in. He takes as his focus four commodities which are so intrinsic to our lives they have an almost elemental significance - land, gold, oil and grain. Yet, despite the fact we encounter them everywhere we look, very few people have been able to build a fortune on them.

All that's about to change as, Simon enlists help from the experts. Each week he will be joined by Tim Harford, Merryn Somerset Webb and a guest specialist as they examine the chequered social and economic histories of these commodities. By looking at four such fundamental products, Simon brings us to a closer understanding of how global economic forces have a far-reaching and often surprising impact on our lives.

In this episode, Simon looks at commodities markets in oil or petrolium. How is it produced? Why is this trade different to others? Is our over-reliance on it dangerous?

Performed by ..... Simon Evans, with regular guests Tim Harford and Merryn Somerset-Webb, and to talk about Oil markets, Paul Horsnell.

Written by ..... Simon Evans with Benjamin Partridge and Andy Wolton

Researcher ..... Matthew Oldham

Producer ..... Tilusha Ghelani.

30 minutes

Last on

Tue 13 Jun 2017 23:00

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Credits

Role Contributor
Presenter Simon Evans
Interviewed Guest Tim Harford
Interviewed Guest Merryn Somerset Webb
Interviewed Guest Paul Horsnell
Writer Simon Evans
Writer Benjamin Partridge
Writer Andy Wolton
Producer Tilusha Ghelani

Broadcasts

Have a Laugh with Radio 4

Have a Laugh with Radio 4

Comedy clips and funny features