The Market Is Responding to News

The market is responding to news. It's the good news in the US last week's news was a good news in China But it's also this week this week that we're getting some news about China perhaps Loosing some of the testing requirements in Beijing after reducing them in Shanghai just yesterday. How much does this sort of come together in something that does accelerate demand more than perhaps the base case or is that not even on the table? Because of how much the Russian barrels are coming back on I just am not understanding the price action at all right now.