US crude oil futures pared losses, but remained weak after a nearly 1% decline a day earlier as the US dollar stayed strong against the euro.
NYMEX crude for April delivery was down 32 cents at $81.88 a barrel.
Adding pressure to crude was a report showing seaborne oil exports by OPEC, excluding and , will rise by 70,000 barrels per day in the four weeks to April 3, according to an analyst at consultancy Oil Movements.
OPEC is likely to continue to leave its oil output quotas unchanged at its next meeting in October, Kuwaiti Oil Minister Sheikh Ahmad al-Abdullah al-Sabah told on Thursday.
Source BloombergUTV
Label Oil price,Commodity Price
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