) 4,47#!$67 7V4ก!!7 !ก! (Efficient portfolio management) *$/ !,ก!!7 ! 6 @ก N$ !,J 6IIR, (Derivatives) 4,#ก 6Nก"!*ก#" $66[ !6V ก! 5*"$ $ ROOก@477NMN@ก!ก @MN@ก!ก N$47N! Nก#NN ก & #NN %!G\ก7N ก!7 ก

implementation of appropriate risk management and resource allocation by their board of directors and executives that is practical and meets the standards established by an international organization concerning

goals. Hence, determination of regulations on supervision of derivatives clearing houses, efficient use of information technology (IT governance), and implementation of appropriate risk management and

with faltering heavy sour crude export from Venezuela after the country had been sanctioned by the US. Thus lowering fuel oil exports to Singapore. Management Discussion and Analysis of Business

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