U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly rise in commercial crude inventories following nine consecutive weekly declines.

Oil prices edged lower on Wednesday on a rise in U.S. crude stockpiles and easing concern over Libyan supply, with U.S. tariffs on Canadian and Mexican imports also in focus. Brent crude futures were down 44 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.