MW: Oil futures cool off but remain over $100 a barrel
By Steve Gelsi
NEW YORK (MarketWatch) -- Crude futures for West Texas Intermediate oil for April delivery fell back on Thursday, but remained above $100 a barrel. Futures dropped $1.30 to $100.93 a barrel. The European Central Bank kept rates at 1%, a record low. Investors will keep an eye on weekly jobless claims in the U.S. and an update on the non-manufacturing sector. On Wednesday, crude oil for April delivery (CLJ11 101.14, -1.09, -1.07%) closed above $102 a barrel.
