from agricultural waste • Industrial waste from SCG, other industries and RDF from municipal waste Rice Husk from Rice Mill Saw Dust from Sawmill Wood Bark from Wood chipper Palm Fiber from Palm oil
which are oil companies. The marketing strategies of the company are;- To be a representative of aviation fuel services provider of oil companies which has been entrusted to take care of its clients
spread (DTD/DB), and the improvement of Fuel Oil / Dubai (FO/DB) crack spread. However, due to the crude price drop in this quarter, there was an inventory loss of THB 1,010 million, leading to an EBITDA
earlier, as traders switch their reserve stocks more towards the proportion of Low Sulphur Fuel Oil which has a lower price as oppose to Diesel fuel, and stocking supplies to readily cater to the market
, performance improved from both the Biodiesel Business and the Fuel Ethanol Business. However, the Biodiesel Business was still suffered from inventory loss from the declining of the crude palm oil price. The
crude oil price surged in the quarter, marketing margin soften; attributed to the retail service station prices were unable to adjust at the same pace as the rising fuel cost. In comparison with Q4/2018
2.87 $/BBL, the refining margin still remains on the low side due to the crack spread of finished product and reference crude oil price declining significantly. A result of severe drop in demand for fuel
”) of Thai Oil Public Company Limited (“Thai Oil ”) and the entry into the relevant agreements, being the Asset Sale and Purchase Agreement, the Fuel and Utilities Supply Agreement, the Power Purchase
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude
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