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China's crude oil futures main contract rallied intraday: Shanghai crude (SC) +6.01% at 483 yuan/barrel; low-sulfur fuel oil (LU) +6.37% at 4,156 yuan/ton; fuel oil +5.24% at 3,191 yuan/ton.

2026-07-09

China's crude oil futures main contract rallied intraday: Shanghai crude (SC) +6.01% at 483 yuan/barrel; low-sulfur fuel oil (LU) +6.37% at 4,156 yuan/ton; fuel oil +5.24% at 3,191 yuan/ton.

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2026-07-09

Sources say Abu Dhabi's Al-Ittihad Airways is close to reaching an agreement to order 10 Boeing (BA.N) 787 aircraft.

Sources say Abu Dhabi's Al-Ittihad Airways is close to reaching an agreement to order 10 Boeing (BA.N) 787 aircraft.
2026-07-09

The State Council issued the 15th Five-Year Carbon Peak Action Plan, mandating energy-saving and carbon-reduction retrofits in traditional industries and targeting major energy-using equipment, installations and processes. Targets for the 15th Five-Y

The State Council issued the 15th Five-Year Carbon Peak Action Plan, mandating energy-saving and carbon-reduction retrofits in traditional industries and targeting major energy-using equipment, installations and processes. Targets for the 15th Five-Year Plan period include: cut CO2 emissions per unit of value added at above-designated-size industrial firms by more than 17%; reduce energy consumption per unit of industrial value added by over 10%; and lower energy intensity per unit of GDP by about 10%. The plan calls for broad deployment of energy-saving and low-carbon technologies and equipment, low-carbon process innovation and digital transformation, stronger energy-conservation inspections and a sound energy-efficiency diagnostic mechanism for key sectors. Retrofits in key industries are expected to deliver at least 150 mln tons of standard-coal equivalent energy savings.
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