i spoke to analyst carole nakhle.erestingly, when you look at oil price development you think and they take no notice of what's happening in the red sea because we can see oil prices maybe have seen upward pressure. not really the major spike would have been expected ten to 15 years ago. the plain fact is because those attacks in the red sea had not really resulted in any supply disruption. we did not see a loss in supply, we saw tankers being diverted but we did not see a loss in the market. after that, the fact that it's not booming, when i see a tight market. that by itself as it justifies the level where prices have been trading over the last few months and they are where they are today. is that slow down affecting the overall outlook in china? china is the biggest wild card, if you look at opec expectation for this year they expect 90% of demand growth for oil to come from asia and largely driven by china. china's largest oil importer in the world. whatever happens to china will have a major impact on prices beca

lets cross to frankfurt to speak to oil analyst carole nakhle.

i spoke to analyst carole nakhle. interestingly, when you look at oil price development you think

i spoke to analyst carole nakhle. interestingly, when you look at oil price development you think