Oil prices fell 4 percent on Tuesday, dropping for a third consecutive session as reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in global stock markets. U.S. crude oil fell $2.04, or 4.1 percent, to a low of $47.84, its weakest since September 2017, before recovering to around $48.10 by 0920 GMT. North Sea Brent crude fell $2.41, or 4.0 percent, to a low of $57.20, a 14-month low, and last traded around $57.61, down $2.00. Both crude oil benchmarks have shed more than 30 percent since early October due to swelling global inventories. “A large part of the move (lower) is due to a broader market sell-off, with both U.S. and Asian equity markets coming […]