Jakarta (ANTARA) – Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia confirmed that subsidized fuel prices will remain steady through Eid al-Fitr in mid-March, even though global crude oil prices have soared to above US$100 per barrel.According to him, he had discussed the subsidy issue with Minister of Finance Purbaya Yudhi Sadewa.”Regarding fuel subsidies, there will be no increase until Eid al-Fitr. We ensure that amidst the global crude oil prices increase, subsidies remain the same,” he said before attending the limited meeting at the Presidential Palace on Tuesday.On the same occasion, Minister Purbaya explained that the budget for fuel subsidies, especially during Ramadan and Eid al-Fitr, remains secure.”We are still safe, still strong. This increase has only been going on for a few days while we have been subsidizing for a full year. Our assumption is that the annual average is 70 (US$ per barrel). This is only a few days and not affecting our budget,” he pointed out.Lahadalia stated that as of today, the global crude oil price has dropped below US$100 per barrel, fluctuating in the range of US$80-90 per barrel.Similarly, Purbaya also believes that the global crude oil price will continue to fluctuate.”It could rise, it could fall quickly. So, we will see, if it increases for a few days, a few weeks, then we can anticipate a continued rise. Setting a response in the state budget requires more caution than reacting to stock market movements,” Purbaya explained.Therefore, the government will monitor global crude oil price trends for a period before implementing policies to respond to these developments.“I think (observing the prices for a month) is enough. They are changing all the time. Yesterday it was US$120 per barrel, now it is US$90. What if it goes down again? The prices keep moving. So later, we will try to predict the actual trend,” the minister concluded.