January has been very strong for crude and although February has grown less quickly, the overall picture for apparent consumption looks like it's probably roughly on-track.

China's overall crude oil consumption is about 8% or 9% of world consumption and per capita consumption is a little less. So we are affected (by high prices) but the degree that we are affected is limited.

There is no obscuring the big picture of rapidly dwindling [gasoline] stock levels, accelerating demand and the growing likelihood of a supply crunch in the not too distant future. Geopolitical tensions also continue to prove a key driver behind the strength in oil prices.

Overall, it is disappointing for February.

So probably end of January, early February.

In January, it's always packed. By February, it fades off. I'm trying to keep it going, slow and steady.