Crude-oil prices in Asia trade Thursday seesawed in a tight range as concerns about expanding U.S. inventories amid declining consumer spending there are keeping traders subdued. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at $46.55 a barrel at 0307 GMT, down $0.09 in the Globex electronic session. November Brent crude on London’s ICE Futures exchange rose $0.15 to $49.30 a barrel. Both grades briefly touched above the $50-a-barrel mark last week after a string of oil executives and leaders from the Organization of the Petroleum Exporting Countries hinted a price recovery was on the horizon. But strong output data and expectations of Iranian oil returning to the export market, coupled with tepid demand from China, rattled market confidence. U.S. retail sales registered a 0.1% month-over-month rise in September, signaling the U.S. economy could be losing steam as consumers curb discretionary spending. […]