Whatever the recording, audio just wants to be heard: the trick is picking a shape that plays where you need it. It was born in wherever your microphone, DAW or download came from, and its real weak spot is nothing in particular; the limits belong to whichever format it happens to be wearing.
OGG is the free spirit of audio: open, patent-free, and quietly brilliant at looping game sound. A container usually carrying Vorbis or Opus audio, both open and royalty-free. That makes it the right destination when what you need is games and open projects that want seamless loops and zero licensing strings.