The Organization of Petroleum Exporting Countries trimmed the outlook for demand for its members’ crude in 2011 as production from outside the group grows.

Applications for U.S. unemployment benefits declined more than forecast last week, easing concern that employers will accelerate firings as the world’s largest economy cools.

Coffee rose to a 13-year high in New York on concern about a potential lack of supply. Raw sugar climbed to the highest price in six months before erasing the advance.

U.S. stocks fell, ending the Standard & Poor’s 500 Index’s longest winning streak since July, on concern the European debt crisis may worsen. Bank of America Corp. and Citigroup Inc. fell more than 1.5 percent as European banks slumped on concern that stress tests understated holdings of sovereign debt. Exxon Mobil Corp. and Freeport-McMoRan Copper & Gold Inc. dropped at least 0.9 percent as copper slid and crude oil declined the most in a week. Oracle Corp. rallied 5.3 percent after naming Mark Hurd, former chief executive officer of Hewlett-Packard Co., as president.