several turnaround annual maintenance of some domestic refinery, leading to supply tight situation and thus higher sales volume from the company in the period. Retail sales volume (service station
oversupply situation of light sweet crude, whereas supplies were tight during the previous year. Average DTD/DB in Q1/2019 reduced 0.79 $/BBL in comparison to Q4/2018, caused by lower supply of heavy crude oil
pressures from light crude supplies that has reverted to its excess position in the market compared to the previous year where supplies were tight. As such, crude production from the US which is the light
reverted to its excess position in the market, while supplies in the previous year were tight. As such, crude production from the US adjusted to peak capacity from the beginning of this year to the level of