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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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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.

 

Keep reading...Show less