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Home›Commodities›Energy›Oil prices fall more than 3% after EU diesel and crude…

Oil prices fall more than 3% after EU diesel and crude release talks

Brent dipped back below $100 a barrel following the report, after the EU discussed releasing diesel reserves.

Reported · Written up by our desk · Energy

Oil prices dropped by more than 3% after a Reuters report said EU nations were considering a proposal to release diesel reserves.

CNBC Markets said the move followed pressure from the Trump administration, and the news pushed Brent back below $100 a barrel.

Latest closeWTI crude $90.46 ▲1.2%|Brent $98.07 ▼4.4%

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Sources

CNBC MarketsOil prices fall over 3% on report of potential diesel, crude stock release; Brent back below $100
CNBC WorldOil prices fall over 3% on report of potential diesel, crude stock release; Brent back below $100

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