Crude oil prices hovered near three-month lows on Tuesday in early Asian trading as investors await key reports and data that may shed light on a supply overhang in the global market.
U.S. West Texas Intermediate crude (WTI) CLc1 edged down 3 cents to $48.37 a barrel by 0026 GMT. The contract ended down 9 cents in the previous session after touching $47.90, the lowest since the end of November.
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