Free Trial

OIL PRODUCTS: China Traffic Congestion Rebounds as Holiday Ends: BNEF

OIL PRODUCTS

China’s road traffic congestion in China’s 15 key cities rose 56.1 percentage points in the seven days Feb. 12, BNEF said.

  • Traffic levels fell rose to 88% of Jan 2021 levels, BNEF said.
  • “The rebound marks the end of the Spring Festival holiday, and the attendant return of road travel.,” BNEF said.
  • BNEF expects congestion levels to continue climbing, nearing pre-holiday levels in the coming days.
Screenshot 2025-02-13 152410
Source: Bloomberg
64 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

China’s road traffic congestion in China’s 15 key cities rose 56.1 percentage points in the seven days Feb. 12, BNEF said.

  • Traffic levels fell rose to 88% of Jan 2021 levels, BNEF said.
  • “The rebound marks the end of the Spring Festival holiday, and the attendant return of road travel.,” BNEF said.
  • BNEF expects congestion levels to continue climbing, nearing pre-holiday levels in the coming days.
Screenshot 2025-02-13 152410
Source: Bloomberg