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OIL PRODUCTS: China Road Congestion Eases: BNEF

OIL PRODUCTS

Road congestion in the 15 Chinese cities with the highest number of vehicle registrations fell 2.4 percentage points in the seven days to Nov. 27, according to BNEF.

  • This puts congestion figures at 149.6% of Jan. 2021 levels.
  • “Congestion levels remained relatively stable during the workweek but dipped over the weekend before showing a slight recovery by midweek,” BNEF said.

 

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Road congestion in the 15 Chinese cities with the highest number of vehicle registrations fell 2.4 percentage points in the seven days to Nov. 27, according to BNEF.

  • This puts congestion figures at 149.6% of Jan. 2021 levels.
  • “Congestion levels remained relatively stable during the workweek but dipped over the weekend before showing a slight recovery by midweek,” BNEF said.

 

Keep reading...Show less