China's Spring Festival travel rush expected to see about 2.095 billion passenger trips

China is in the midst of a COVID-19 Covid-19 Covid-19 or the novel Coronavirus is a pandemic that has yielded wide ranging economic turmoil and volatility across financial markets in 2020. The first cases of Covid-19 were reported in Wuhan, China in late 2019. Since then, the virus has expanded globally, infecting millions worldwide. The virus has been extremely controversial, namely in the United States, which became heavily politicized during the 2020 presidential election. The Covid-19 pandemic is completely unprecedented in modern ti Covid-19 or the novel Coronavirus is a pandemic that has yielded wide ranging economic turmoil and volatility across financial markets in 2020. The first cases of Covid-19 were reported in Wuhan, China in late 2019. Since then, the virus has expanded globally, infecting millions worldwide. The virus has been extremely controversial, namely in the United States, which became heavily politicized during the 2020 presidential election. The Covid-19 pandemic is completely unprecedented in modern ti Read this Term wave. The annual Spring festival travel will ensure it spreads far and wide.

On Friday was this in terms of the intensity of travel:

• A Chinese transport official estimates Lunar New Year traffic will nearly double from 2022

China's Global Times has more on the travel surge:

• the world's largest human migration

Oil traders are eyeing China's reopening as likely to boost demand. The spread of COVID has slowed reopening and there may be a few more weeks or months of this yet to come with this event.

Oil trade is opening for the week, not a lot changed so far: