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International Business Times
International Business Times
Business

The EU Is Reportedly Discussing Releasing Diesel Stocks Over U.S. Pressure. Oil Prices Are Falling.

Oil prices are falling on Friday following reports that the European Union is discussing a proposal to release diesel stocks to help cool prices. (Credit: Getty Images)

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.

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