• Asian oil demand – when does China drag down regional oil demand growth? • Commercial crude inventory levels, OPEC+ behaviours to balance the oil market and the impact of the TMX expansion on Middle East OSPs • How long does this weak refining margin environment last? o Refinery supply dynamics in Asia are changing, as projects complete, and China’s teapots are challenged by tighter supervision. o Monitoring sites of competitively weak assets (e.g. Japan) and export facilities (e.g. South Korea) will become increasingly important. • When is the next petrochemical investment wave, what will be its impact and how can refiners take advantage of this demand shift? • What is Asia’s SAF opportunity? Who is investing to capture the evolving mandates and what are the key signposts to watch?