On the 2nd local time, international oil prices continued their early trading decline during the European trading session. According to CNBC, Europe may take steps to release stocks of diesel and crude oil to ease supply shortages. Sources said that France proposed that EU countries release 50 million barrels of diesel and that member states of the International Energy Agency release 50 million barrels of crude oil. Earlier, the US government told Germany and France to use emergency diesel reserves to ease the upward pressure on global fuel prices; otherwise, they will face a possible ban on diesel exports imposed by the US. As of 17:00 Beijing time on the 2nd, the price of light crude oil futures for November delivery by the New York Stock Exchange was reported at $89.19 per barrel, a decrease of 3.96%. The price of London Brent crude oil futures for December delivery was $99.13 per barrel, a decrease of 3.11%.

On the 2nd local time, international oil prices continued their early trading decline during the European trading session. According to CNBC, Europe may take steps to release stocks of diesel and crude oil to ease supply shortages. Sources said that France proposed that EU countries release 50 million barrels of diesel and that member states of the International Energy Agency release 50 million barrels of crude oil. Earlier, the US government told Germany and France to use emergency diesel reserves to ease the upward pressure on global fuel prices; otherwise, they will face a possible ban on diesel exports imposed by the US. As of 17:00 Beijing time on the 2nd, the price of light crude oil futures for November delivery by the New York Stock Exchange was reported at $89.19 per barrel, a decrease of 3.96%. The price of London Brent crude oil futures for December delivery was $99.13 per barrel, a decrease of 3.11%.