Crude-oil futures resumed their fall in Asian trade Wednesday with another surge in weekly U.S. oil supply expected to keep oil prices under pressure. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March traded at $45.47 a barrel at 0425 GMT, down $0.76 in the Globex electronic session. Brent crude, the global oil benchmark, for March delivery fell $0.62 to $48.98 a barrel on London’s ICE Futures exchange. Oil production in the U.S. is surging on the back of its shale boom that has added to much of the global oil oversupply and pushed oil prices to their lowest in more than 5 1/2 years. Market watchers track several key indicators to gauge oil supply levels, including weekly U.S. oil inventory data, oil inventories at the Nymex delivery point of Cushing, Oklahoma, developed country oil stockpiles and most recently, the number […]