beforehand. Everyone knew that China was building up its SPR. It was importing excess crude oil to do so, largely from Iran and Venezuela and all these other cheap cheap kind of sanctioned jurisdictions. If you assume that was a really really large volume of kind of pre-building, that is bearish, because it means that we do not are bearish for crude oil, because we do not need to go back to those levels. But, I think at most, we're talking maybe a million barrels a day of that was this SPR pre-building, as I'll call it. Whereas the other
If you assume that was a really really large volume of kind of pre-building, that is bearish, because it means that we do not are bearish for crude oil, because we do not need to go back to those levels.