WTI crude oil up 1.0% intraday at $90.38/bbl.

On Sept 23 the National Energy Administration published August 2026 data from the national charging facilities monitoring service platform. As of end-August 2026 China had 24.223 mln EV charging connectors, up 39.6% YoY. Public connectors totaled 5.160 mln, up 19.5%, with rated total power of 262 GW and an average power per connector of about 50.69 kW. Private connectors totaled 19.063 mln, up 46.3%, with reported installed capacity of 163 mln kVA.

The dollar index rose to a near eight-week high as markets priced further Fed tightening. LSEG shows a 53% probability of a Fed rate hike in October and 78 bps of cumulative tightening priced by Sep 2027. Those rate expectations outweighed oil’s retreat on hopes of de-escalation in the Middle East.