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Oil extends losses on Wednesday

Oil extends losses on Wednesday
17 June 2026 08:39

WORLD CAPITALS (WAM)

Oil prices inched lower on Wednesday, extending the previous session's ​declines.

Brent crude futures dipped 16 cents, or 0.2 percent, to $78.80 a barrel by 0340 GMT, while US West Texas Intermediate fell 25 cents, or 0.3 percent, to $75.80 a barrel.

Both benchmarks fell about five percent for a second straight session on Tuesday to stand at ​three-month lows.

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