Friday, 2 October 2026Updated 18m ago
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Market move▲ Bullish for Indian equities

Oil prices extend losses after reports of potential European diesel, crude stock release

1 source · first seen 14:21 2 Oct · updated 14:21 2 Oct

The brief

Written from 1 report · check the source before you trade
  • Oil prices extended losses after reports of a potential release of European diesel and crude stocks
  • EU nations were discussing a proposal to release diesel reserves after pressure from the Trump administration
  • Lower crude prices may ease input costs for Indian oil marketers and reduce pressure on refiners

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Crude oil76 todayDiesel17 todayEuropean Union8 today

Linked by the tag Diesel

72 stories this week
  1. 2 OctUS wants European allies to do this 'immediately' to lower diesel prices2 sources · The US urged European allies to release strategic diesel reserves immediately
  2. 2 OctWhy Are Diesel Prices Soaring and What Would a U.S. Export Ban Do?2 sources · Middle East and Ukraine wars have blocked shipments from regions supplying almost a third of global diesel exports
  3. 2 OctGovt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reportsPolicy · 1 source · Oil secretary Neeraj Mittal said restricting fuel sales at pumps is unacceptable
  4. 1 OctNobody is allowed to cap fuel sales: Petroleum SecretaryPolicy · 3 sources · Petroleum Secretary says nobody is allowed to cap fuel sales
  5. 1 OctGovt May Force Rollback Of Diesel Caps Imposed By Private RetailersPolicy · 2 sources · The Centre is engaging with private fuel retailers after diesel sales were capped at Jio-BP and Nayara pumps
All Diesel stories →

Read the reports

1 report · earliest 14:21
CNBCOil prices extend losses after reports of potential European diesel, crude stock release14:21