Oil prices are falling on Friday following reports that the European Union is discussing a proposal to release diesel stocks to help cool prices over U.S. pressure.
Brent crude, the international benchmark, fell below $100 a barrel again after falling 2.53% at 9:23 a.m. ET, while West Texas Intermediate, the U.S. benchmark, dropped almost 4% and stood below $90 a barrel at the same time.