Traffic Jamming Chinese Cities Has Energy Demand Rebounding

  • Road congestion in Beijing and Shenzhen busier than last year
  • Refiners maintaining crude processing rates at 13 million b/d

Traffic travel along a road in Beijing, China, on April 23. 

Photographer: Giulia Marchi/Bloomberg
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Traffic is returning to the streets of China’s biggest cities as the nation emerges from a virus-led lockdown, prompting a boost in fuel consumption that’s supporting a recovery in refinery processing rates.