This move has been driven by a particularly tight oil product market. OECD product stocks in February were 9% below their five year average. In the second quarter, we expect industry refining margins to remain elevated due to ongoing supply disruptions, particularly in Russia and Europe. Turning to the impact of BP's decision to exit its businesses in Russia, with BP's two nominated directors having stepped down from the Rosneft board as of the 27th of February, BP no longer equity accounts for its shareholding and will no longer report Rosneft as a separate segment.