Oil prices tick lower on rising US inventories, Libyan output

Oil prices dipped on Wednesday, giving up some of last session’s gains, as a rise in U.S. crude stockpiles and easing worries over Libyan supplies weighed, although potential U.S. tariffs on Canadian and Mexican imports checked losses. Brent crude futures fell 7 cents, or 0.1%, to $77.42 a barrel by 0708 GMT, while U.S. crude ...