02:59 PM EDT, 04/09/2025 (MT Newswires) -- US weekly commercial crude stockpiles rose in line with market projections, government data showed Wednesday, as oil prices rebounded after President Donald Trump paused certain tariffs for non-retaliating countries.

Inventories of crude, excluding the strategic petroleum reserve, rose by 2.6 million barrels to 442.3 million barrels through the week ended Friday, the Energy Information Administration said. The increase matched the consensus estimate in a survey compiled by Bloomberg.

Propane and propylene stocks increased by 1.5 million barrels. Distillate fuel inventories dropped by 3.5 million barrels, while motor gasoline fell by 1.6 million barrels. Total commercial petroleum inventories advanced by 1.2 million barrels, the EIA said.

Both gasoline and distillate fuel output decreased last week, the data showed.

West Texas Intermediate crude jumped 3.6% to $61.75 a barrel in Wednesday afternoon trade, while Brent was up 3.2% at $64.84. Earlier Wednesday, both WTI and Brent were headed for their fifth day of losses before Trump authorized a 90-day pause on the full effect of his new tariffs for countries that have not "retaliated in any way, shape, or form" against the US.

A lower tariff rate of 10% would be applicable during the period, Trump said in a Wednesday social media post.

However, Trump increased the tariffs rate on China to 125%, effective immediately. China on Wednesday boosted tariffs on imports from the US to 84% from 34%, effective Thursday, after Trump raised duties on the Asian country to above 100% in total.

Concerns over a tariff-related global economic slowdown amid a larger-than-expected increase in oil output by the Organization of the Petroleum Exporting Countries and its allies, or the OPEC+, have weighed on the oil market.