Oil dips to remain near three-month lows as headwinds persist

By Henning Gloystein SINGAPORE (Reuters) - Oil prices dipped in Asian trading on Wednesday as plentiful supplies and slowing economic growth weighed on markets, although some analysts said that the current downtrend would be modest and see a recovery later this year. U.S. West Texas Intermediate (WTI) crude were at $42.87, down 5 cents. Brent hit $44.14 the previous day, the lowest since May, and the contract has shed over 15 percent in value since peaking in June as a refined product glut as we