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Brent reclaims $81 as OPEC JMMC meeting commences

The OPEC JMMC (Joint steering committee) meeting is now underway and ahead of this the price of Brent crude for April delivery did earlier come close to testing the $80 per barrel handle. The low seen was set at $80.13. It has since rebounded into this meeting rising above $81 per barrel. The meeting itself is not expected to deliver any further changes to the current output quotas and therein may lie any surprise if there is one. The price of Brent crude for April delivery is currently trading at $81.14

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