Crude benchmarks extended Tuesday’s sharp sell-off into Wednesday, with Brent falling 2% and WTI down 1.8% in early trading.
Crude benchmarks fell sharply for a second day on Wednesday, with Brent dropping 2% to $86.80 per barrel and WTI sliding 1.8% to $80.87. Both contracts had already lost more than 3% in Tuesday's session.
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Oil prices fell for a second consecutive session on Wednesday, extending losses after both benchmarks shed more than 3% the previous day.
Brent crude futures dropped $1.78, or 2%, to $86.80 per barrel by 00:27 GMT. West Texas Intermediate fell $1.49, or 1.8%, to $80.87 per barrel.
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