Crude-oil futures staged a minor technical rebound in Asian hours Tuesday after a sharp overnight drop, as markets focus on the upcoming meeting of the U.S. Federal Reserve later this week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March traded at $95.88 a barrel at 0546 GMT, up $0.16 in the Globex electronic session. March Brent crude on London’s ICE Futures exchange rose $0.29 to $106.98 a barrel. Asian financial markets appeared to stabilize after the recent global selloff but investors remain cautious as further winding down of bond purchases by the U.S. Fed remains in focus. A reduction in the Fed’s buying program will boost the U.S. dollar and put pressure on oil prices. Oil markets also assessed stronger U.S. fuel demand as a second wave of extreme cold swept the country this month. Goldman Sachs said the impact of the cold […]