Crude-oil futures were choppy in Asian trade Friday with Nymex crude slipping into negative territory and extending sharp overnight losses. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at $95.30 a barrel at 0527 GMT, down $0.14 in the Globex electronic session. February Brent crude on London’s ICE Futures exchange rose $0.14 to $107.92 a barrel. Both the U.S and European oil benchmarks started the year on a softer note, losing around $3 a barrel in overnight floor trade in line with a broader decline in U.S. stock markets. Nymex WTI crude is also under pressure as U.S. oil inventories are expected to start building again in January after a seasonal drawdown in December that had supported oil prices. U.S. crude-oil stocks for the week ended Dec. 27 are expected to decline by 2.2 million barrels, according to analysts polled by The […]