transactions by 10.82 million barrels (+71%) compared to 2018. The main products that were transacted include crude oil, Gasoline, and Fuel Oil. Within this year BCPT was able to expand their market to new
% Total Sales Volume 1,864 2,009 1,904 2% -5% Note: Sales volume does not include oil swaps among major oil companies M.7 and sales of crude oil products Performance comparison between Q1/2019 and Q1/2018
1,740 -12% -7% 3,897 3,604 -8% Note: Sales volume does not include oil swaps between major oil companies and sales of crude oil products Q2/2018 performance compared to Q2/2017, the Refinery Business
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
from narrower DTD/DB spread. Within this quarter there was an inventory gain of THB 241 million from the increase in crude price, but there was a loss from the crude and product oil price hedging
1,648 -10% Total Sales Volume 2,064 1,981 2,009 -3% 1% 7,843 7,593 -3% Note: Sales volume does not include oil swaps between major oil companies and sales of crude oil products Performance comparison
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
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
every finished product and crude oil price crack spreads, with supporting factors ranging from the maintenance of various refineries in North Asia, as well as concerns over supplies tightening after the
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