U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and refineries lowered their capacity use.

Oil futures fell Wednesday after official U.S. data revealed a weekly rise in commercial crude inventories, following nine consecutive weekly declines.

Oil prices stabilized after a brief jump due to a threat to Libyan oil exports, but uncertainty remains due to potential US tariffs on Canada and Mexico.

Libya's state-run National Oil Corp (NOC) said that export activity was running normally after it held talks with protesters at the Es Sider and Ras Lanuf ports on Tuesday.

Libya resumed loading oil from two key eastern ports — which account for a third of its exports — after they were halted for a day by protesters.