still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline
business; due to finished product price increase that coincide with the rise of global crude oil price, and total sales volume increased by 5%. Also, the company received higher revenue from the power plant
remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing
joint partnership in a World Class Asset with long continuous production life, the oil produced is highly priced light crude oil. The investment is a considerable progress made on the foundations laid by
rendering of services was THB 53,461 million, an increment of 37% and 17% QoQ, primarily from revenue related to oil petroleum businesses following higher sales volume, as well as the increased selling price
included (Reversal of) losses on inventories devaluation (NRV) 2/ Sales volume does not include oil swaps between major oil companies (petroleum traders in accordance with section 7) and sales of crude oil
affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and
companies (petroleum traders in accordance with section 7) and sales of crude oil products Performance for Q3/2019, the refinery business recorded EBITDA THB 631 million, a decline of THB 19 million compared
. Ltd. (“BCPT”) recorded trade transaction of crude oil and petroleum product which totaled at 7.03 million barrels, a decline of 0.99 million barrels (-12%) compared to the previous quarter. This is due
recorded an increased revenue coinciding with global crude oil price, leading to increased gross profit, but saw production and sales volume decrease according to the Natural Decline Curve. There was also