UOB ASSET MANAGEMENT (THAILAND) COMPANY LIMITED| | Offering Date : 22/11/2019 - 29/11/2019
Dubai price decreased by 0.70 USD/BBL. This is due to the pressure from an increase in supply of Light Sweet Crude which adjusted upward from Libya, Nigeria, and the US. Also the supply for Heavy Sour
with faltering heavy sour crude export from Venezuela after the country had been sanctioned by the US. Thus lowering fuel oil exports to Singapore. Management Discussion and Analysis of Business
the reduced Heavy Sour Crude supplies, after Iran was sanctioned by the US. Management Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 11 Crack Spreads Situation
decreased by 1.25 $/BBL when compared to 2016, resulted from the pressure to limit production and export of Heavy Sour Crude by the OPEC group following their agreement to lower crude oil production. The