There are two versions of the model: -The one rendered by default (called Endogenous), with endogenous price that affects the demands according to the price elasticity slider. Reflecting how reactive are the nodes demand wrt price -With fix price (called Fixed): that in the oil market doesn't apply, but it's an interesting baseline to consider oil purely as flow. And as a modeling tool, this allows the model to capture small supply chains that don't have price setting power.

> China's decrease of 1.5 million barrels per day, representing a 9% decline, was by far the largest globally, the report said.

Some global demand destruction is occurring, but that of China is them switching to large internal strategic reserves.

https://youtu.be/BkA0bkb6ZO0 (whole video is worth the watch)