to talk about all things energy especially here at the ibew first question on crude prices one as you would have anticipated were finally seeing some floats rules increase demand from china into the prices whats your expectation tomorrow yeah morning mankind a pleasure to be here with you this morning look i think the market has been a bit tentative about chinas return without doubt it is expected to happen now that the country has completely reopened and we saw an estimated half a million barrels per day demand drop in china last year so at the very least that amount of demand has to come back i think the main challenge for the market right now is at what pace the economy will come back costs more that will be just china go back from the first year straight to the fourth year or does it go to the second and third year and what sort of hurdles it encounters in doing so so thats what even opecs trying to get its hands around which is why we have seen the organization be cautiously optimistic quick follow up are our chances slim that we go back to anywhere close to the hundred dollars a barrel level look im not in that camp offer that over bulls on oil i have seen china coming back that means above hundred so a couple of things to keep in mind first of all i think chinese demand will come back gradually so there is an initial bump in demand clearly yes people are moving around diesel demand will pick up with that with the economic activity and jet fuel demand of course is already picking up but in terms of china actually getting into the groove and into its regular economic activity and acceleration i think that would probably happen more gradually through the second half of this year and definitely going into next year so you know its not going to be an immediate bump in demand as far as china is concerned okay weve got a couple of minutes left and then a quick two questions to you impact of the price gap on russian crude products distortions in supply chain countries that stand to benefit so i think ive spoken before with our channel i dont think the price gap really matters and certainly not at the levels that they have been imposed now i think that markets will find a way we have seen that happen in the rewilding of russian crude yes there is a concern that the rewiring of products may not be as easy because in crude there was ready big markets like china and india but i believe you know markets are efficient freely traded international markets are efficient enough to find ways around such upheaval so i think thatll happen may take a bit longer theres a shadow fleet now of you know at least 600 ships according to trafigura so it will happen its just a matter of time that the reshuffle happens and i dont see a major problem in terms of shortages in refined products okay one quick last question india asserting its position as the second largest energy consumer in the world we saw that in an interview with the indian oil minister last evening where he said well buy crude oil when we get it whatever best price we can get it at what do you make of all the india talk at i w why is words and absolutely on the spot india is a major heavy base now and when it comes to consumption not only that i think india can be a role model and i think its prepared to be at all model for the global south and how to manage adjust transition in energy keep in mind affordability and accessibility and i think indias is blazing the path in that regard