speculate that this new round of sanctions will reduce crude oil volume by 600,000 – 1,500,000 barrels per day; from the record high figures of crude oil exported by Iran in April 2018 at 3. 09 million
compared to Q3/2016 adjusted upward by 7.25 $/BBL in regards to policy change made by OPEC members, from increasing market shares, to a joint decision with non-member countries to reduce crude production
upwards by 6.45 USD/BBL with respect to the policy switch made by OPEC members, from increasing market shares to a joint decision with non OPEC member countries to reduce crude production. When compared to
jointly reduce crude production. Dubai crude price in Q4/2017 on average increased by 8.88 $/BBL when compared to Q3/2017, with respect to the OPEC and Non-OPEC countries’ joint decision to extend their
industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the purchase of Crude Oil from other country and also support stability
will help to reduce the purchase of Crude Oil from other country and also support stability of the power business of Thailand which the crude palm oil (CPOA) is the major raw material for biodiesel
liquidity, capital structure, potential for generating income in the future and the better financial status as the Company does not create an additional liability from loan and can reduce the financial cost
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
). Total Gross Refinery Margin (Total GRM) rose 67% YoY and 26% QoQ, while Market GRM lowered from the decreasing production volume. Moreover, the average crude price adjusted upward in the quarter, leading
in the form of the cooperation between OPEC countries to reduce production volume, which reduced more than 150% of their target in Q1; majority of the reduction can be attributed to Saudi Arabia. Crude