Crude Oil Futures Fall After EU Reportedly Discusses Diesel Stock Release

05:33 AM EDT, 10/02/2026 (MT Newswires) -- Crude oil futures fell Friday as talks unfolded among European Union countries over the release of additional diesel stockpiles amid pressure from the US to reduce rising fuel prices, Reuters reported. Crude oil futures fell around 4% to $89.19 per barrel at around 5:29 a.m. ET. The countries discussed a French proposal during a call for European countries to release 50 million barrels of diesel, and for International Energy Agency members to release 50 million barrels of crude oil, Reuters reported, citing a source familiar with the details. G7 leaders may hold a call later Friday to discuss their next steps, the news agency added. The French government and the European Commission did not immediately respond to MT Newswires' request for comment.