Crude-oil futures extended losses in Asian trade Monday after ending on a weaker note last week due to a stronger dollar and rising U.S. oil supplies. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $49.34 a barrel at 0418 GMT, down $0.27 in the Globex electronic session. Brent crude for April delivery on London’s ICE Futures exchange fell $0.42 to $59.31 a barrel. Nymex West Texas Intermediate crude lost 0.30% last week and has been down for three consecutive weeks, Brent crude lost 4.55% last week and has fallen for two of the past three weeks. Over the weekend, China released trade data for February, which showed that the country’s crude-oil imports during the month rose 11% on year to 25.55 million tons. “The stabilisation of Brent oil prices in January at prices around $50 a barrel appears […]