Crude-oil futures were lower in Asian trade Wednesday as investors adopted a cautious stance ahead of the outcome of the U.S. Federal Open Market Committee meeting later in the global day. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at $97.76 a barrel at 0606 GMT, down $0.44 in the Globex electronic session. December Brent crude on London’s ICE Futures exchange fell $0.15 to $108.86 a barrel. The decline in oil futures is in contrast to gains in Asian stock markets as risk sentiment picked up with recent downbeat U.S. economic indicators raising expectations that the Federal Reserve would continue monetary stimulus into early next year. Analysts said any impact from the Fed’s upcoming announcement will likely be limited as the oil markets are currently driven by fundamental factors. Crude has been under pressure recently as increasing U.S. inventories and easing Middle […]