By Gurdeep Singh Crude-oil futures were trading lower in Asia Monday as a stronger U.S. dollar and concerns over declining global demand offset better-than-expected Chinese trade data. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at $91.34 a barrel at 0709 GMT, down $0.52 in the Globex electronic session. November Brent crude on London's ICE Futures exchange fell $0.17 to $114.45 a barrel. China's trade surplus widened in September as exports rose on improved overseas demand and imports recovered slightly, but analysts say the market remains cautious ahead of the release of China's third-quarter gross domestic product data later in the week, which will provide more clues on its economic growth. China's September crude-oil imports gained 9.1% on month to 20 million metric tons but were still down 1.8% on year. "Oil markets should continue to swing between tight supply concerns and slowing global demand this week," analysts at ANZ Bank said in a research note to clients. "Crude prices are expected to move lower this week unless Middle East tensions escalate." Oil has been supported by a growing conflict between Syria and Turkey over the past weeks but prices took a dive late last week after a report by the International Energy Agency fuelled concerns over the market's fundamental outlook. The IEA forecast that global oil production capacity will grow to 102 million barrels a day by 2017, well above its demand forecasts of 95.7 million barrels a day, leading to a decline in prices over the next five years. Nymex reformulated gasoline blendstock for November--the benchmark gasoline contract--fell 99 points to $2.8829 a gallon, while November heating oil traded at $3.2143, 96.00001 points lower. ICE gasoil for November changed hands at $1002.25 a metric ton, up $1.25 from Friday's settlement. Write to Gurdeep Singh at gurdeep.singh@dowjones.com

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