Roaring trades: oil majors’ secret success story

Big oil firms keep one part of their business hush-hush: trading. Amid an almighty oil shock, the majors’ trading arms are raking it in. But competition is mounting. We look at the Trump administration’s messy attempts to regulate frontier AI models, and how that may cost America its AI edge. And why the biggest music tours are going to fewer places.

Guests and host:

• Matthieu Favas, commodities editor
• Shashank Joshi, incoming Washington bureau chief
• Vicky Jessop, culture writer
• Jason Palmer, co-host of “The Intelligence”

Topics covered:

• oil majors, oil trading
• AI, frontier models, American regulation
• music business, concert tours

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