Oil prices fall as IEA agrees to accelerate oil stock release | live
By Georgina McCartney HOUSTON, Oct 7 (Reuters) - Oil prices fell on Wednesday in choppy trade after the International Energy Agency agreed to speed up a release of oil stocks and prioritise diesel in a bid to curb record high fuel prices as the Iran war squeezes global supplies. Brent crude futures were down 50 cents, or 0.5%, to $100.08 a barrel at 1:18 p.m. ET. US West Texas Intermediate (WTI) crude futures were down $1.18, or 1.32%, to $88.26.
By Georgina McCartney HOUSTON, Oct 7 (Reuters) - Oil prices fell on Wednesday in choppy trade after the International Energy Agency agreed to speed up a release of oil stocks and prioritise diesel in a bid to curb record high fuel prices as the Iran war squeezes global supplies. Brent crude futures were down 50 cents, or 0.5%, to $100.08 a barrel at 1:18 p.m. ET. US West Texas Intermediate (WTI) crude futures were down $1.18, or 1.32%, to $88.26.
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