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I’d wager that more of our readers could now tell me the rough price of a barrel of oil than that of a pint of milk. When Brent crude topped $125 this week (its highest level since 2022) it made headlines. Perhaps more remarkable is that it is not higher. In March many analysts predicted prices of $150-200 if the strait were to stay closed for a long time. Our briefing explains why the crisis in oil markets is
going to get worse.
How would you define a collectable? One auction company boss suggests it encompasses “items made in multiples” that people can accumulate in sets. Think cards, coins, stamps or memorabilia. These used to be traded by obsessives, and handled by specialist dealers. Now the
market is booming.
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