Crude-oil prices are becalmed Wednesday, with no clear direction emerging. Brent crude for May delivery on London’s ICE Futures exchange was up 12 cents at $107.11 a barrel. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May were up 15 cents at $99.34 a barrel. The American Petroleum Institute, an industry group, Tuesday reported another massive weekly build in U.S. crude stocks. If these figures are confirmed by the Energy Information Administration later, U.S. stock levels will even faster approach the record levels seen last year “and is a good 5% above the five-year average,” JBC Energy Markets said. “The easing political tensions in Ukraine will prompt market participants to switch focus back to the macro picture, with U.S. durable goods orders expected later today, initial jobless claims tomorrow and the University of Michigan confidence index on Friday,” said Kash Kamal of Sucden Research. […]