benjamin jones is our guest host, from state street.trying to understand what side this -- what size this demand shock is. we understand there is 50% less demand from china. do we need to see something more substance than 600,000 barrels from opec to stabilize? benjamin: i think you do, and am not sure we are going to get it necessarily. the problem is that even prior to this virus, we saw the oil market was fairly oversupplied. a lot of that is what is happening in the u.s. with the explosion in shale oil, and production reaching the 13 million barrels a day. so i think you would need to see very deep cuts from opec to get any stabilization, and i don't think the 600,000 barrels a day is enough. moment,eeing at the that 15% you were referring to is the equipment of 2 million barrels a day. i think coming off-line in china. that six under thousand the thanks, anywhere near that. it depends -- that 600,000 barrels doesn't go anywhere near that. i think there are still going to be lasting impacts from those travel issues. at the same time