Crude-oil futures traded sideways in Asia Friday as oil markets struggled to recover from this week’s losses on the back of a strong U.S. dollar and persistent oversupply concerns. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $47.14 a barrel at 0340 GMT, up $0.09 in the Globex electronic session. April Brent crude on London’s ICE Futures exchange rose $0.17 to $57.25 a barrel. U.S. oil prices fell to a six-week low in the last session, and Brent crude is also hovering at the lower end of its trading range. The U.S. dollar had posted strong gains this week, with the euro falling to a nearly 12-year low versus the greenback helped by the European Central Bank’s bond purchases. The dollar softened a bit yesterday after weaker economic data from the U.S. but remains strong, putting pressure on […]