Brent crude oil advanced to US$71 per barrel this morning in Asian trading, while Saudi, the world’s largest producer, keens to take the commodity to US$80 per barrel. OPEC basket price, which is closer to Indonesian Crude Price (ICP)—-used in the Budget assumption, is now hovering around US$65 per barrel, way above the price assumption for 2018 State Budget (US$48 per barrel). To subscribe please click here