Crude-oil futures dropped in Asian trade Thursday, reversing the previous day’s gains, as oil markets went back to fretting over rising U.S. supplies that hit new records. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $43.89 a barrel at 0347 GMT, down $0.77 in the Globex electronic session. May Brent crude on London’s ICE Futures exchange fell $0.37 to $55.54 a barrel. Oil prices had risen in the last trading session, with Nymex West Texas Intermediate crude snapping a six-session losing streak after the U.S. Federal Reserve said it was in no hurry to raise interest rates. But the oil glut in the U.S. is weighing on prices again. Overall U.S. oil stockpiles rose more than expected, by 9.6 million barrels to 458.5 million barrels last week, the U.S. Energy Information Administration said. At the […]