Oil price has stabilized, Indonesia supports prolongation of limitations till September

/IRBIS, Jan.13, 00/ - The world oil prices continue to remain stable, OPEC members are confident in the ability to control a market. Today morning at the opening of London International Petroleum Exchange the Brent barrel price has grown by 3 cents to $24.84. As ITAR TASS informs, more significant growth is observed today for light sorts of oil on the Asian markets - to $26.32. Next session OPEC will be hold on March 27. the final solution concerning production limits will be make there. Very likely, OPEC is adjusted to continue the oil export containment. So, the oil minister of Indonesia has declared today, that "it would be desirable to save the present production quotas till September". Today important confidential meeting of the oil ministers of Saudi Arabia and Venezuela is held in Amsterdam. The sources close to these two key oil- extracting countries inform that they supports an extension of the present limitations. Just these countries initiated in the spring of 1999 the solutions, which have resulted in doubling of oil prices. The petroleum market informed sources have informed ITAR TASS, that the OPEC purpose is to keep the oil price at the level of 25 dollars per barrel.