The European Central Bank kept its overnight lending rate intact, as did the Bank of England. But the ECB economic forecast calls for a 0.3 percent drop in the eurozone's economy in 2013, a downgrade from the previous estimate, which called for 0.5 percent growth.
In New York, the price of West Texas Intermediate crude oil dropped $1.43 to reach $85.99 per barrel. Home heating oil added 0.12 cents in late trading to reach $2.9444 a gallon, while reformulated blendstock gasoline gained .51 cents to $2.602 a gallon. Henry Hub natural gas gave up 2.3 cents to $3.643 per million British thermal units.
At the pump, AAA reported a national average price for regular unleaded gasoline at $3.379 per gallon, losing a 10th of a cent for the second consecutive day.
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