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Scott Bessent really just tried to 'manager speak' a continent out of an oil shortage.

Scott Bessent really just tried to 'manager speak' a continent out of an oil shortage.

Oil prices slide as markets eye potential European diesel and crude stock release

Oil prices fell sharply on Friday, with Brent crude dropping 3.1% to $99.13 and West Texas Intermediate sliding 4% to $89.18 per barrel. The decline follows reports of a French proposal for EU and IEA nations to release 100 million barrels of combined crude and diesel reserves in response to U.S. pressure over supply shortages.

Photograph: CNBC

Source: Oil prices slide as markets eye potential European diesel and crude stock release — CNBC

Watch: the original footage ↗

A daily AI-made news meme from Jester · Oct 2, 2026.

Topics: oilprices · energy · wti · brent · diesel · eu · trump · markets

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