Brent's Rise to Be a Global Benchmark

Stanley: We often see a pretty broad pattern over the lifecycle in commodities markets that kind of repeats for market to market. How did the OTC forward markets develop in Brent and how important were the price reporting? Agencies in creating Brent's rise to being a global benchmark, right? Well, we're going now into one of the chapters written by a colleague of mine Colin Bryce who was head of commodities that more than Stanley And also the time he was trading BrentBasically what what happens now is you've got I think we've stopped at sort of development big bang in London Financial markets banks coming in so was Shosh is coming in.