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,

Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline (RBH25) closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with crude falling to a 2-1/2 week low.

Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week.

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.