Crude-oil futures traded in a tight price range in Asian hours on Monday as recent U.S. jobs data and speculation about the Federal Reserve’s monetary policy dominated market sentiment. On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at $97.79 a barrel at 0544 GMT, up $0.14 in the Globex electronic session. January Brent crude on London’s ICE Futures exchange rose $0.14 to $111.75 a barrel. “The steady gains in employment over the last few months increase the chances that the Federal Reserve will start to taper its asset purchases sooner rather than later,” ABN Amro said in a note. Although the Fed may act this month, it will likely wait until next year, probably around March, ABN Amro said. The next meeting of the U.S. Federal Open Market Committee on Dec. 17-18 will be closely watched for indications of a change in […]