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 edged lower in early trade as U.S. tariff threats continued to dominate market sentiment. Brent crude and WTI were both down 0.4% to $75.31 and $72.36 a barrel, respectively. The White Hous

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. Brent crude futures were down 59 cents,