Crude-oil futures sank to new lows for this year in Asian trade Wednesday, extending the recent selloff in oil markets and pushing the Brent crude benchmark below $91 a barrel. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at $87.77 a barrel at 0536 GMT, down $1.08 in the Globex electronic session. November Brent crude on London’s ICE Futures exchange fell $1.22 to $90.89 a barrel. Markets were still spooked by the International Monetary Fund’s dim global economic growth forecasts and cuts in the U.S. Energy Information Administration’s oil demand forecasts announced yesterday, Singapore-based traders said. The U.S. crude benchmark traded near its lowest since April 2013, while Brent crude was at its lowest since June 2012. “We haven’t really seen a significant shift in fundamentals. The investor base has become increasingly bearish on the lack of supply disruptions […]