is crude traded last week above a price cap set by western nations. joining us from london is edward gardner. edward is the commodities economist at capital economics. so edward oil prices have been rising for 5 weeks consecutively. now what's driving that? so we're prizes in prison from around and $75.00 to borrow the stocks. it's a month to about $84.00 to buy and today the reason for the the price increase is mostly supplied. so the supply coats the gradually taking place since august. the last year i have continued to constrain the markets, and we think that constrains supply from coupled with stronger demand from china, thanks to it's economic reopening and the end 0 coded and resilient demand in developed economies such as the us or contribution to market participants expecting a type of oral market in the coming months. so from all sides we focused at the global oil market will be in a deficit in the 2nd half of this year, slipping from a surface in that 1st off of the yes and um, in large part of that, it's due to strong demand in us on her arms at the moment, 20000000 barrels today,