Crude-oil futures were choppy but trended lower in Asian trade Wednesday on expectations of U.S. oil stockpiles rising for the sixth consecutive week and some profit-taking. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $101.62 a barrel at 0538 GMT, down $0.21 in the Globex electronic session. April Brent crude on London’s ICE Futures exchange fell $0.23 to $109.28 a barrel. U.S. crude-oil inventories rose by 800,000 barrels in the week ended Feb. 21, the American Petroleum Institute, an industry group, said late Tuesday. The closely-watched survey from the U.S. Energy Information Administration is due later Wednesday. Ten analysts surveyed by The Wall Street Journal on average estimate that oil stocks rose by 800,000 barrels last week. Oil markets are focusing on the overall build up in U.S. oil stockpiles as refineries shut for maintenance, and not just the debottlenecking of […]