Caixin
Apr 21, 2022 06:45 PM
ECONOMY

Idled Trucks Imperil Fuel Demand as China Widens Covid Battle

Officials check drivers on the arriving trucks in Yancheng, Jiangsu province, on April 12. Photo: Bloomberg
Officials check drivers on the arriving trucks in Yancheng, Jiangsu province, on April 12. Photo: Bloomberg

(Bloomberg) — China’s trucking fleet has been caught up in the nation’s push for “zero Covid,” further threatening oil demand as supply chains snarl.

Drivers are being held up in a web of quarantine controls that’s led to long queues and disruption to deliveries, with the volume of road freight hauled across provinces from Jiangsu to Guangdong declining in March from a year earlier. Trucks play an essential role in commercial transport and prolonged curbs will crimp diesel consumption and weigh on China’s oil demand.

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