Fitri Wulandari, The Jakarta Post, Jakarta
The Organization of Petroleum Exporting Countries (OPEC) remains concerned at the likelihood of a declining oil price in the second quarter of this year when demand for heating fuel falls off.
OPEC President Purnomo Yusgiantoro said demand for the fuel was expected to drop by 2.2 million barrels per day (bpd) to 2.4 million bpd.
"If (the oil price drop) materializes, we shall take measures to keep the price at US$22 to $28 at the end of March,"
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