Crude-oil futures are stable in Asian trade Monday after dropping sharply last week, with Brent holding up around $105 a barrel. On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at $97.98 a barrel at 0541 GMT, up $0.10 in the Globex electronic session. September Brent crude on London’s ICE Futures exchange rose $0.20 to $105.04 a barrel. Nymex crude last week posted its largest one-week percentage decline since the week ended Jan. 3, falling 4.12%, and has been down for four of the past six weeks. Brent crude lost 3.28% last week and has been down for five of the past six weeks. “Although there’s room for the flow of selling to continue, the decline of the past six weeks certainly means that the market has become more conservatively valued, no longer overbought, and with much less of a […]