Good Monday morning! We have some Axios news to share that matters to us in the energy world. Sinocism's Bill Bishop, one of the world's most wired experts on China, is moving his weekly newsletter to Axios this week! Bill will bring Axios China subscribers the most important U.S.-China news and analysis. Sign up here.

My latest Harder Line column throws some cold water on the idea of peak oil demand, just in time for OPEC's outlook Tuesday, and a forthcoming report on the issue from IHS Markit. I'll share that, and then Ben will get you up to speed on the rest of the news.