Oil dips on oversupply worries; U.S. crude hits April lows

By Barani Krishnan NEW YORK (Reuters) - Oil prices dipped on Tuesday, with U.S. crude hitting three-month lows, as oversupply concerns weighed on the petroleum complex ahead of data likely to show unseasonably high gasoline stocks despite the peak U.S. summer driving period. Oil prices are still up more than 60 percent from 12-year lows of around $27 a barrel hit by Brent and about $26 struck by U.S. crude in the first quarter. "Our shift to a bearish stance that was initiated more than three we