transactions volume was 15.32 million barrels. The principal products that were traded included gasoline, crude oil, fuel oil, and naphtha products. The rise in revenue can also be credited to the market
transaction of 4.55 million barrels. The majority of trade consist of gasoline, crude oil, fuel oil, and Naphtha. The higher earning stemmed from the procurement of finished product for the refinery during TAM
. 47 million barrels of oil trading transactions, the main product contributing to the transaction were gasoline, crude oil, fuel oil, and naphtha. The increase in revenue was for new countries such as
replace its catalyst from mid-July to mid-August. The unit has currently resumed operation and operates at full capacity. Despite the higher Fuel Oil yield portion during this quarter, the refinery
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
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
, performance improved from both the Biodiesel Business and the Fuel Ethanol Business. However, the Biodiesel Business was still suffered from inventory loss from the declining of the crude palm oil price. The
2.87 $/BBL, the refining margin still remains on the low side due to the crack spread of finished product and reference crude oil price declining significantly. A result of severe drop in demand for fuel
government sector introducing stimulus packages, which would cause demand for fuel consumption in the industrial and transport sector to increase. Moreover, the excess of crude oil supply trends to decrease
crude oil price surged in the quarter, marketing margin soften; attributed to the retail service station prices were unable to adjust at the same pace as the rising fuel cost. In comparison with Q4/2018