Oil prices have reached the record for the longest continuous drop in a year. Saudi Arabia is pushing to restart a key oil pipeline, while the US says negotiations with Iran have progressed. Brent fell to around $98 per barrel, falling for the sixth consecutive trading day, with a cumulative decline of more than 9%. This will be the record for the longest continuous decline in this benchmark crude oil since August 2025. At that time, it was still a few months before Washington and Israel jointly attacked Iran and sparked conflict. WTI crude oil futures fell to the $90 level.

Oil prices have reached the record for the longest continuous drop in a year. Saudi Arabia is pushing to restart a key oil pipeline, while the US says negotiations with Iran have progressed. Brent fell to around $98 per barrel, falling for the sixth consecutive trading day, with a cumulative decline of more than 9%. This will be the record for the longest continuous decline in this benchmark crude oil since August 2025. At that time, it was still a few months before Washington and Israel jointly attacked Iran and sparked conflict. WTI crude oil futures fell to the $90 level.