Oil prices extended losses on June 16, with Brent crude at $81.25 a barrel and WTI at $79.39, according to Bitget market data cited by BlockBeats.
Brent and WTI crude prices moved lower on June 16, extending intraday declines tracked by Bitget market data and reported by BlockBeats. Brent crude fell 2.00% on the day to $81.25 a barrel. WTI crude dropped $2.00 to $79.39 a barrel, leaving it down 2.46%. The move points to broad weakness across the two main global oil benchmarks during the session.