September 12, 2024 11:26 GMT
OIL PRODUCTS: China’s Traffic Tracks 2023 Levels for Fourth Weekly Rise: BNEF
OIL PRODUCTS
Road traffic in 15 key Chinese cities saw a fourth consecutive week of growth in the seven days to Sep. 11, according to BNEF.
- Congestion levels rose 23 percentage points week-on-week to 148% of Jan. 2021 levels.
- Traffic levels still slightly trail the same point last year, but the gap continues to narrow.
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