Oil steadies on strong US dollar, mixed supply cues

Oil prices stabilised on Tuesday, after falling to a three-week low in the previous session, on a stronger U.S. dollar, a darkening global macroeconomic outlook and mixed supply signals.

Brent futures crept up 2 cents to $90.73 a barrel by 1006 GMT, while U.S. West Texas Intermediate crude (WTI) , edged 12 cents higher to $88.94 per barrel. Earlier in the session, prices fell by more than 1%.