Crude-oil futures continued their slide in Asian trade Thursday as the glut in global oil supply and weak demand projections weighed on both the global oil benchmarks. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at $80.79 a barrel at 0501 GMT, down $0.99 in the Globex electronic session. November Brent crude on London’s ICE Futures exchange fell $0.81 to $82.97 a barrel. Nymex WTI crude came under further pressure after the American Petroleum Institute, an industry group, said late Wednesday that its data showed a 10.2-million-barrel increase in weekly U.S. crude stockpiles. The more closely watched survey from the U.S. Energy Information Administration is due later Thursday and analysts expect an inventory buildup of 2.2 million barrels for last week. China is reportedly picking up several physical cargos for December delivery at low prices, but any gains in […]