U.S. crude hits two-month low ahead of U.S. inventory data

By Barani Krishnan NEW YORK (Reuters) - U.S. crude oil futures hit 2-month lows on Wednesday on technical selling pressure and liquidation by investors fearing a supply glut despite impending government crude inventory data likely to show a drawdown. The front-month August contract for U.S. crude's West Texas Intermediate (WTI) futures was down 80 cents, or 1.8 percent, at $43.85 a barrel by 9:18 a.m. EDT (1318 GMT).The session low for the contract, which will expire after Wednesday's settlement