hitting two-year highs this week back above $70 a barrel would demand real, maglan capital president david tawilthe year a level we have not seen since 2014, david joins me right now with more on that. great to have you, thank you very much. what do you believe the forces will be to push oil prices back up to $100 a barrel? >> were gonna have massive demand and supply coming down, just as morning three headlines that are really important first of all the ie eight expects global consumption of oil to fully recover by next year, second china is no longer subsidizing and projects therefore seem rapid communities and oil to profit and lastly boeing announced it's able to unload all the 737 max planes that they have on hand and they cancel because of the rebound in travel they are able to sell those. maria: this is really important headline that you refer to any thoughts on the biden administration easing sanctions on a handful of iranian individuals and companies and what that would mean in terms of the oil story. >> the tower of oil is slipping away from democratic societies it is been fully shifte