Oil futures are higher in Asian hours Wednesday after comments from the U.S. Federal Reserve chief suggested that the Fed’s easy policy will stay for an extended period. Ben Bernanke’s comments are also weakening the greenback against other major currencies and giving some lift to dollar-denominated oil futures. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at $93.59 a barrel at 0559 GMT, up $0.25 in the Globex electronic session. January Brent crude on London’s ICE Futures exchange rose $0.17 to $107.09 a barrel. The gains in oil may be short-lived with investors jittery ahead of the U.S. Energy Information Administration’s weekly release of data on petroleum inventories Wednesday, which is expected to show a ninth straight week of increases amid strong domestic production. Analysts are expecting a rise of 700,000 barrels according to a survey of analysts by The Wall Street […]