amrita sen is a joy to speak to.hat she does better than anybody is the elasticity and responsibility and supply and demand worldwide. she joins us this morning. amrita sen, you nailed it with demand elasticity being a mystery. how much of a mystery is it right now? amrita: it continues to be a mystery. even when you had 90% of world's manufacturing down, this was around march or april, oil demand only fell 20%. it does show you how inelastic oil demand is. right now globally oil demand is down 5 million barrels per day, which given the scale of relative lock downs we are still talking about, even in places like china, is doing well. the cold weather has also helped. we have seen energy prices in asia hit record highs, and as a result a lot there has switched to liquid. that has been boosting oil. now in europe and the u.s. you also have that. definitely support for fuel potentially masking some of the weakness elsewhere. you talked about airlines. jet fuel demand is not recovering but -- marked part of the weakness.

we'll have to leave it there amrita ahuja, ceo of square.ck to you >> and thank you as we mentioned, intuit ceo sasan goodarzi on the other side of the break stay with us big news travels fast on t-mobile, the leader in 5g coverage and speed. get an iphone 12 on us on each and every plan. and save 20% on your bill every month versus the other guys. only at t-mobile. - life right now is already stressful. there's no room for bullying and hate. let's all work together to stop discrimination so we can focus on staying healthy and safe. the more you know. >>> welcome back shares of intuit about break even this morning, highs of the session after earnings the turbo tax and quick books maker forecast upbeat guidance for the current quarter which, of course, is tax season with us now first on cnbc is intuit ceo sasan goodarzi. sasan, be good to see you. i want to get straight into the recovery because your small business segment is back to how it was performing, i guess, before the covid pandemic and i was worried about you because you did that big

we can now speak to amrita sen mukherjee, a gp specialising in wellbeing.e you have spoken to about the value of the bubble system? bubble system ? i bubble system? i think it is really important to understand that lockdown is in place to protect us from the virus, but we need to really understand that that does have an impact on us because of the isolation and because of the loneliness that people feel. that can really impact our mental health and our physical health, because of that, and so these bubbles have really been a lifeline for so many people, as we saw in your report. it people, as we saw in your report. it is a trade—off, isn't it? presumably there is still a risk. people are bubbling between two houses. there is a risk that one side will infect the other. from your point of view, it is still a risk worth taking? that is a hard question to answer, but i think what i will say is it is important to balance that risk supplemental health impact of the isolation and loneliness cannot be denied. as long as we are thinking about the risks, we are makin

tom: amrita sen was outstanding on it, framing a range out to $80 a barrel.ht that was a really important discussion. right now, kevin cirilli on impeachment watch, our chief correspondent out of washington. we have shelby of alabama retiring, to of pennsylvania retiring, and all of these other names -- toomey of pennsylvania retiring, and all of these other names. now the senator of kansas. how does senator moran adapt to his republican in this impeachment? kevin: the same way chairman ron johnson has adapted to the republican party. it is a great point because i think yesterday, when i was talking to sources on the republican side, what they told me is that right now, there is a power vacuum in the republican party. from the political perspective, where to look at the republicans and their comments during the impeachment trial, it is going to be a very telling sign for the various republican camps ahead of the new midterm and presidential cycles. tom: will the former president be visible in the process? do you foresee that donald trump will be silent, ensco