{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/d556eb54-6160-4c85-95f4-47d9f5216c49/6a4636f160cad2674e6d9674?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Roaring trades: oil majors’ secret success story","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/62e286a934d4d93d6587424a/1782985747739-a958fb35-b0f1-418a-8ace-3306b6b05c81.jpeg?height=200","description":"<p>Big oil firms keep one part of their business hush-hush: trading. Amid an almighty oil shock, the majors’ trading arms are <a href=\"https://www.economist.com/business/2026/06/28/big-oils-secretive-trading-arms-are-having-an-extraordinary-year?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">raking it in</a>. But competition is mounting. We look at the Trump administration’s <a href=\"https://www.economist.com/business/2026/06/30/donald-trumps-ai-regime-is-opaque-unpredictable-and-unsustainable?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">messy attempts</a> to regulate frontier AI models, and how that may cost America its AI edge. And why the biggest music tours are <a href=\"https://www.economist.com/culture/2026/06/15/harry-styles-and-other-megastars-now-expect-you-to-come-to-them?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">going to fewer places</a>.&nbsp;</p><p><br></p><p>Guests and host:</p><ul><li>Matthieu Favas, commodities editor</li><li>Shashank Joshi, incoming Washington bureau chief</li><li>Vicky Jessop, culture writer</li><li>Jason Palmer, co-host of “The Intelligence”</li></ul><p><br></p><p>Topics covered:&nbsp;</p><ul><li>oil majors, oil trading</li><li>AI,&nbsp; frontier models, American regulation</li><li>music business, concert tours</li></ul><p><br></p><p><em>Get a world of insights by </em><a href=\"https://subscribenow.economist.com/podcasts-plus\" rel=\"noopener noreferrer\" target=\"_blank\"><em>subscribing to Economist Podcasts+</em></a><em>. For more information about how to access Economist Podcasts+, please visit our </em><a href=\"https://myaccount.economist.com/s/article/What-is-Economist-Podcasts\" rel=\"noopener noreferrer\" target=\"_blank\"><em>FAQs page</em></a><em> or watch </em><a href=\"https://www.youtube.com/watch?v=Gczo71bg1uY\" rel=\"noopener noreferrer\" target=\"_blank\"><em>our video</em></a><em> explaining how to link your account.</em></p><p><br></p><p><br></p>","author_name":"The Economist"}