Oil prices fell on Wednesday, with the U.S. benchmark touching a multi-week low after crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week. Brent crude futures were down 60 cents,

Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, while largely shrugging off an increase in U.S. weekly crude inventory. Brent crude futures fell 2 cents to $77.

Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus turned to potential U.S. tariffs on Canadian and Mexican imports.