spread (DTD/DB), and the improvement of Fuel Oil / Dubai (FO/DB) crack spread. However, due to the crude price drop in this quarter, there was an inventory loss of THB 1,010 million, leading to an EBITDA
Corporation Plc. regulation standards enforced since the previous April. Supply side saw various refineries in Europe, Asia, and the U.S. going through emergency shutdowns, tightening supplies. Fuel oil
from rise in value of the Low Sulphur Fuel Oil product group which the market has demand for adhering to the IMO measures. Despite the amount of trade and transaction of crude oil and finished product
petroleum products traded with partners abroad in the form of Overseas Trading (Out-Out) , and the trade of Low Sulphur Fuel Oil products that were further upgraded to be more valuable product. The market
earlier, as traders switch their reserve stocks more towards the proportion of Low Sulphur Fuel Oil which has a lower price as oppose to Diesel fuel, and stocking supplies to readily cater to the market
barrels. Fuel Oil and Dubai crack spread (FO/DB) in Q1/2019 averaged at 0.54 $/BBL, an increase of 5.50 $/BBL compared to Q1/2018, influenced by the production cut of OPEC and their associates, combined
respect to downward pressure from demand for Fuel Oil in the electricity production sector in Asia decreasing in Japan and Pakistan, and refineries operating at high utilization rate leading to more
high refining margin, leading European refineries to produce at a high rate. Fuel Oil/Dubai crack spread (FO/DB) in 2017 averaged at -2.33 $/BBL, rose by 2.64 $/BBL when compared to 2016, this is
crude in the region increased as preparations Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 9 are made for the production of low Sulphur fuel oil before
Derivative Warrants | SPRC13C2408A | DERIVATIVE CALL WARRANTS ON STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED ISSUED BY KGI SECURITIES (THAILAND) PUBLIC COMPANY LIMITED LAST TRADING IN AUGUST 2024