stock to dip below its 5 year average; greatly tightening the oil market. Dubai crude price in Q2/2018 on average increased by 8.11 $/BBL when compared to Q1/2018 is due to OPEC adjusting their production

refinery had undergone a 45-day turnaround maintenance during Q2/2018, resulting in the lower finished oil volume produced during the period. Thus, the company had to manage its stock and sales through the

down by 0.2% to 3.5%. Furthermore, US crude oil stock has been increasing gradually, threatening the price of crude oil after crude production in the US reached their all-time high of 12.1 million

excess crude palm oil stock domestically. When compared to Q2/2017, the Biodiesel business sales revenue marginally decreased (-1%) mainly due to the average selling price of B100 product which decreased

market recorded marginally lower oil sales compared to the previous year due to the intense competition brewing within the industrial market, and stock management within the refinery during the

buy and utilize crude palm oil as fuel for generating electricity. Moreover, the Ministry of Energy also promoted B20 diesel use, lowering the volume of domestic palm oil stock, therefore impacted the

stock remaining at an all-time high during latter part of the year, affecting the average selling price of B100 product and the cost of Crude Palm Oil. 4. Average gross margin per unit of B100 product

have lowered their stock of high Sulphur bunker fuel oil and have transitioned into stocking low Sulphur bunker fuel oil as to prepare for the transition to the utilization of bunker fuel oil with

the COVID-19 crisis. As well as, concerns over a second outbreak, after the number of new infected patients increasing sharply after the easing of lockdowns. Whereas crude oil stock across the globe

of crude palm oil price had continued from quarter 1/2017 as well as crude oil prices declined, compared to stock Gain of Baht 10 million in quarter 2/2016. Performance Analysis for Methyl Ester