SUBROTO SEES OIL MARKET CONTINUING BULLISH Indonesian Energy Minister Subroto said he sees the oil market continuing bullish, with underlying demand expected to rise later in the year. He told a press conference in Jakarta at the end of a two-day meeting of South-East Asian Energy Ministers that he saw prices stabilizing around 18 dlrs a barrel. "The sentiment in the market is bullish and I think it will continue that way as demand will go up in the third or fourth quarters," Subroto said. Asked about the prospect for oil prices, he said: "I think they will stabilise around 18 dlrs, although there is a little turbulence ..." "Of course the spot price will fluctuate, but the official price will remain at 18 dlrs," he added.