, USDT, USDX, UTK, VEGA, VET, VLX, VRA, WAN, WAVES, WBNB, WILD, WIN, WMT, WNXM, WOO, WXT, XAUT, XCAD, XCH, XCN, XDC, XEC, XEM, XLM, XMR, XNO, XPRT, XSGD, XTZ, XVS, XYO, YFI, YGG, ZEC, ZEN, ZIL, ZRX 2 30
, TRAC, TRB, TROY, TRU, TT, TTT, TWT, UMA, UOS, UTK, VET, VLX, VRA, WAN, WAVES, WAXP, WILD, WOO, WRX, WXT, XDB, XEM, XMR, XPR, XPRT, XTZ, XVG, XWC, XYO, YFI, YFII, ZEC, ZEN, ZIL, ZNN, ZRX 3 50% ALPACA, BEL
, TRAC, TRB, TROY, TRU, TT, TTT, TWT, UMA, UOS, UTK, VET, VLX, VRA, WAN, WAVES, WAXP, WILD, WOO, WRX, WXT, XDB, XEM, XMR, XPR, XPRT, XTZ, XVG, XWC, XYO, YFI, YFII, ZEC, ZEN, ZIL, ZNN, ZRX 3 50% ALPACA, BEL
, TRAC, TRB, TROY, TRU, TT, TTT, TWT, UMA, UOS, UTK, VET, VLX, VRA, WAN, WAVES, WAXP, WILD, WOO, WRX, WXT, XDB, XEM, XMR, XPR, XPRT, XTZ, XVG, XWC, XYO, YFI, YFII, ZEC, ZEN, ZIL, ZNN, ZRX 3 50% ALPACA, BEL
, TLOS, TOMI, TON, TRAC, TRIAS, TRX, TT, TUSD, TWT, UMA, UNFI, UNI, UOS, UPP, USDC, USDD, USDJ, USDP, USDT, USDX, UTK, VAI, VELO, VET, VGX, VLX, VRA, VTHO, WAN, WAVES, WAXP, WBETH, WBNB, WBTC, WEMIX, WILD
% YoY and 7% QoQ, mainly attributed to the refinery business in Q1/2018, where Total GRM decreased to 6.37 $/BBL (Q1/2017: 7.96 $/BBL, Q4/2017: 8.75 $/BBL), as there was an Inventory Loss of THB 70
crude run to a high level, although the Hydrogen Production Unit and Hydrocracking Unit underwent temporarily shut down between May and June. For this quarter, the gross refinery margin was 6.38 USD/BBL
63% YoY and 16% QoQ, mainly attributed to the refinery business in Q2/2018 where Total GRM increased to 12.82 $/BBL (Q2/2017: 4.18 $/BBL, Q1/2018: 6.37 $/BBL) Management Discussion and Analysis of
$/BBL, a decline of 19.69 $/BBL, or a decline approaching of almost 40% from the previous quarter. This has affected the performance of the refinery business. Moreover, the Thai economy, especially
. Gross refinery margin was 6.66 USD/BBL (+1.04 USD/BBL YoY, +0.28 USD/BBL QoQ), GRM was higher from the increase in crack spread of most finished oil products, while Dated Brent and Dubai crude spread (DTD