Oil prices fall after Europe agrees to release diesel reserves
- Last updated: October 3, 2026 | 13:21
For the week, Brent gained 0.11 per cent, while WTI declined 1.6 per cent.
Oil prices settled lower on Friday after European leaders agreed to a request by US President Donald Trump to release diesel from their reserves in an effort to lower prices and reduce reliance on US fuel imports.
Brent crude futures fell 6 cents, or 0.06 per cent, to settle at $102.25 a barrel, while US West Texas Intermediate (WTI) dropped $1.76, or 1.90 per cent, to $91.11 a barrel.
For the week, Brent gained 0.11 per cent, while WTI declined 1.6 per cent.
WAM