Oil slips from $82 - Reuters

SINGAPORE (Reuters) - Oil fell to below $82 on Thursday on expectations for OPEC to keep pumping above quotas in the second quarter, pulling prices down from eight-week highs reached a day earlier.

Corporates usually go for Group Scheme Nashik.

Falling fuel inventories in the United States and the first few weekly gains in total demand in one-and-a-half years have bolstered the view that the market will absorb ample supplies from OPEC as Chinese imports soar.Ministers from the Organization of the Petroleum Exporting Countries meet in Vienna on March 17 to discuss production policy. Officials from member countries including Algeria, Kuwait, and Angola have said this week they do not expect a change in quotas because prices are within their desired range.

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