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
400,000 tons. In the meantime, the measurements to stimulate domestic consumption of palm oil were rarely impact; for example, cooperating with EGAT to purchase crude palm oil as fuel for power generation
crude in the region increased as preparations Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 9 are made for the production of low Sulphur fuel oil before
. 47 million barrels of oil trading transactions, the main product contributing to the transaction were gasoline, crude oil, fuel oil, and naphtha. The increase in revenue was for new countries such as
Sulphur Fuel Oil under measures mandated by the IMO, combined with crude cost that rose from rising spread between the price of Dated Brent and Dubai (DTD/DB) average rising by 0.30 $/BBL. As well as
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
transactions volume was 15.32 million barrels. The principal products that were traded included gasoline, crude oil, fuel oil, and naphtha products. The rise in revenue can also be credited to the market
price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and
of the virus has caused demand for consumption of fuel around the world to decline with significance. This factor is putting pressure on the price of crude and finished product to drop significantly
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