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MW: Oil trades modestly lower at $105.92 a barrel
 
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Crude-oil futures turned lower on Tuesday ahead of a U.S. Federal Reserve rate decision and a first glimpse at weekly inventories reports. Oil for April delivery CLJ2 -0.26% declined 30 cents, or 0.3%, to trade at $106.03 a barrel on the New York Mercantile Exchange. Fed officials are scheduled to release a statement later Tuesday. The American Petroleum Institute releases its report on supplies for the week also later Tuesday.
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