Crude-oil futures were choppy in Asian trading hours Tuesday on market uncertainty around the Ukraine crisis and concerns over weakening oil demand in the U.S. as winter ends. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $101.06 a barrel at 0447 GMT, down $0.06 in the Globex electronic session. April Brent crude on London’s ICE Futures exchange fell $0.14 to $107.94 a barrel. After reacting sharply to weak Chinese trade data on Monday, oil markets will look to U.S. oil inventory data this week to gauge the trajectory of post-winter oil demand. The weekly data from the American Petroleum Institute are due later Tuesday. Oil inventories at the Nymex delivery point of Cushing, Okla. may fall further and test the bottom of the five-year range at 25.1 million barrels, Tim Evans, energy futures specialist at Citi Futures, said […]