May 30, 2024 11:45 GMT
China’s Road Traffic Steady on Week: BNEF
OIL PRODUCTS
China’s road congestion held steady in the week to May 29, according to BNEF.
- This puts it at around 138% of January 2021 levels, BNEF added.
- China’s traffic levels remain elevated, standing roughly 14 percentage points higher than the same period in 2023.
- Should seasonal trends continue, congestion should be largely stable in the coming weeks.
Source: Bloomberg
Keep reading...Show less
57 words