Microsoft Word - Report on Connected Transactions in Respect of Office Building Lease บ ริ ษั ท เ จ ต า แ บ ค จํา กั ด ( ม ห า ช น ) / ถนนศรีนครินทร์ หนองบอน ประเวศ กรุงเทพฯ '()( โทรศพัท์: (66
compared to Q4/2017, with respect to the increased demand for crude oil during the winter in Europe, leading to higher utilization rate amongst refineries in the region; driving up price of Dated Brent as
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
volume of B100 products increased from the previous year with respect to the various measures taken by the government sector to solve the excess crude palm oil dilemma, including policies to promote the
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround
-54% Crude Oil Price Situation Dubai crude oil price in 2017 when compared to 2016 on average increased by 11. 71 $/BBL in respect to policy enacted by OPEC members and Non-OPEC members led by Russia to
oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained
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
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
to an inventory gain of THB 856 million. However, there was a loss from crude and product oil price hedging contract at THB 75 million. Furthermore, the refinery planned to manage the stocks of