$/BBL. Furthermore, the Thai Baht had appreciated 1.27 THB/USD when compared to 2018.  During 2019, the refinery business made gains from crude and product oil price hedging contract THB 147 million

foreign exchange as the US Dollar appreciated against the Norwegian Krone (NOK). However, during this quarter there were no impairments on Technical Goodwill, due to adjustments of production profile and

resulting in capital inflows to the bond and equity markets in emerging markets, including Thailand. Consequently, in 2017 the Thai baht appreciated by 10 percent from 35.82 THB/USD at the beginning of