crude oil; their trade partner not being able to use the dollar to complete the transaction, and the second stage of the sanction is due to be completed in 180 days on November the 4 th, 2018. Analysts

1Q2020, overall palm oil production in both domestic and international market declined due to the significant impact of drought on agriculture. According to Department of Internal Trade, local crude palm

from rise in value of the Low Sulphur Fuel Oil product group which the market has demand for adhering to the IMO measures. Despite the amount of trade and transaction of crude oil and finished product

by BCPT Trading Pte. , Ltd. , it recorded increase in the amount of trade and transaction of crude oil and finished product from moving forward in increasing transactions with its trade partners and

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

purchase volume of Crude Palm Oil in order to help alleviate farmers encountering the low Crude Palm Oil crisis. Together with Trade Account Payable of Nido Petroleum Limited increased by THB 222 million

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

-China trade war and the depreciation of Yuan (CNY) against US dollar. Besides, the extreme fluctuation of crude palm oil price in end of 2019 affected buying sentiment to be drop as buyers waited for the

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both

transaction of 4.55 million barrels. The majority of trade consist of gasoline, crude oil, fuel oil, and Naphtha. The higher earning stemmed from the procurement of finished product for the refinery during TAM