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OIL PRODUCTS: China’s Road Traffic Congestion Rises on Week: BNEF

OIL PRODUCTS

Road traffic congestion in China for the week ending Aug. 28 was at 114.9% of Jan. 2021 levels, according to BNEF.

  • This represents a rise of 13.6 percentage points on the week.
  • The four-week average congestion level is also up 2.6 percentage points on the week, BNEF added.

 

Source: Bloomberg

 

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