On the 4th, Brent crude fell 8.8% to $94.51 (about 127,000 won).

Brent crude fell 8.8% to $94.51 a barrel on the 4th, according to AP, pushing the benchmark below the $100 mark for the first time in the reported session; the figure reflects a trading price at the time of reporting rather than a settlement close. An earlier Gate quote had shown Brent down 5% at $98.52 and WTI down 4.6%, though those levels lacked a stated timestamp, contract expiry and comparison basis, making them not directly comparable to AP's number. The move matters because a sub-$100 Brent shifts the inflation and input-cost backdrop for energy importers and tightens pressure on oil-linked revenues. Brent futures trade across multiple delivery months on ICE, so the next thing to watch is whether the decline holds in the front-month contract and is confirmed at settlement.