A lipid emulsion for parenteral administration comprising an aqueous phase and 10 to 30% of a lipid phase based on the total volume of the emulsion (w/v), wherein the lipid phase comprises 20 wt. % to 40 wt. % soybean oil, 20 wt. % to 40 wt. % medium-chain triglycerides, 15 wt. % to 35 wt. % olive oil, and 1-15 wt. % fish oil extract, wherein the lipid phase comprises less than 25 mg campesterol, less than 30 mg stigmasterol and less than 120 mg beta-sitosterol per 100 g of the lipid phase,
- wherein the lipid phase further comprises 1 to 10 wt. % arachidonic acid based on the total weight of the lipid phase,
- wherein the arachidonic acid is provided by adding a fungal oil to the lipid phase,
- wherein the lipid phase comprises 2 to 20 wt. % fungal oil based on the total weight of the lipid phase.