Crude-oil futures traded in a tight price range in Asian hours Wednesday as investors digested stockpile data, agency projections about oil markets and reports of easing tensions in Libya. On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at $98.41 a barrel at 0541 GMT, down $0.10 in the Globex electronic session. January Brent crude on London’s ICE Futures exchange rose $0.01 to $109.39 a barrel. Late Tuesday, data from the American Petroleum Institute, a trade body, showed U.S. crude oil stocks fell by 7.5 million barrels last week. The more closely watched inventory data from the U.S. Energy Information Administration is due later Wednesday. U.S. crude-oil stocks are expected to fall for the second consecutive week, by 2.5 million barrels on average for the week ended Dec. 6, according to a survey of 11 analysts surveyed by The Wall […]