Definition: In this task, a passage will be given and the goal is to identify an event from the passage. An event is defined as a single word representing something that happened, is happening, or may happen. An event can be factual or hypothetical, positive or negative, certain or uncertain. While most events are based on verbs, an event can also be based on a noun (ex. storm, snow, rainfall) or a copula verb (is, was, been, etc.). The event must not be a pronoun or an adjective. For noun events with multiple words, use the last word in the phrase as event.
Input: Passage: Fernandes said AirAsia had hedged almost 100 percent of its fuel requirements for the rest of the financial year ending June 2007. "We believe fuel will oscillate between 55 and 65 US dollars (a barrel) and, no matter what OPEC is doing, oil is going down," he added.

said