Oil prices have fallen more than $3 after reports of talks in Europe on additional diesel and crude stock releases, easing concerns over tight global energy supplies, Reuters reports.
Brent is down $3.06, or three per cent, at $99.25 a barrel as of 1409 GMT (7:09pm PKT). West Texas Intermediate has dropped $3.95, or 4.25pc, to $88.92 a barrel.
