• Oil steadied after a three-day drop ahead of a series of market reports and US inflation data that may provide direction for prices.
• West Texas Intermediate futures traded above $78 a barrel after falling 1.5% over the previous three sessions. Brent closed near $82 on Monday. Traders will have a raft of information to digest on Tuesday, from OPEC’s monthly report to industry figures on US stockpiles and an inflation print for February.