Oil prices edged higher from one-month lows in early trading in Asia on Tuesday after OPEC agreed on a long-term strategy that was seen as an indication the cartel was reaching a consensus on managing production. But the gains were limited as the market was weighed down by further indications of record output from the group, a sign the glut that has kept a lid on prices is not draining away as fast as the oil bulls would like. U.S. West Texas Intermediate (WTI) futures CLc1 were up 9 cents at $46.95 a barrel at 0008 GMT. On Monday they plunged nearly 4 percent to $46.86 a barrel. Brent LCOc1 for January deliver, the new front-month contract, was up 24 cents at $48.85. The previous front-month contract, which expired on Monday, fell nearly 3 percent […]