Crude-oil futures moved in a narrow price range in early Asian trade Monday, with gains capped by worries about a recovery in U.S. shale-oil production and as OPEC’s meeting draws closer. On the New York Mercantile Exchange, light, sweet crude futures for delivery in June traded at $59.77 a barrel at 0252 GMT, up $0.08 in the Globex electronic session. July Brent crude on London’s ICE Futures exchange rose $0.09 to $66.90 a barrel. Nymex crude ended 0.5% higher last week and has been up for three consecutive weeks, while Brent crude gained 1% last week and has been up for seven of the past nine weeks. Oil-price gains were capped due to some weak U.S. economic data from Friday and on worries U.S. shale production could recover quickly if prices kept on rising. Last week’s Baker Hughes U.S. drilling rig-count also lost momentum, falling by […]