China Targets 50% Non-Fossil Electricity by 2030 in Bold Energy Shift
China's new five-year energy plan sets ambitious targets to generate half its electricity from non-fossil sources by 2030, signaling a significant shift in
Asian Oil Intelligence Platform
Live commodity prices, verified daily briefings, research reports, and shipping intelligence for crude oil, LNG, LPG, and refined products across Asia-Pacific.
Asian energy markets are currently bullish, primarily driven by persistent geopolitical tensions and supply disruptions, notably the ongoing closure of the Strait of Hormuz. This has led to significant increases in crude oil and refined product prices, with Brent crude trading around $87/bbl and US gasoline averaging $4/gallon. Consequently, Asian shipping freight rates are also elevated, reflecting tight capacity and increased operating costs. Market overview as of 2026-08-14 · Verified by Asian Oil Intelligence Desk
China's new five-year energy plan sets ambitious targets to generate half its electricity from non-fossil sources by 2030, signaling a significant shift in
Global oil prices fell as OPEC and IEA lowered 2026 demand forecasts amid US-Iran talks deadlock and Strait of Hormuz disruptions, keeping supply risks ele
Global oil prices eased as OPEC and IEA lowered 2026 demand forecasts, overshadowing persistent supply risks from the Strait of Hormuz and stalled US-Iran
Phillips 66, Kinder Morgan, and HF Sinclair approve the $5 billion Western Gateway Pipeline, enhancing refined product supply to the U.S. West Coast.
Ecopetrol has acquired a 51% controlling stake in Brazilian oil and gas firm Brava Energia for R$5.57 billion, marking a significant move in Latin American
Argentina's Vaca Muerta shale oil exports are set to surge with a new pipeline to an Atlantic port, targeting 550,000 bpd by 2028 and boosting energy trade
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