from late 2018; particularly, the Gasoline-Dubai crack spread (UNL/DB), Jet (Kerosene)-Dubai crack spread (IK/DB), and the Gasoil-Dubai crack spread (GO/DB), causing the refinery business’s market gross
same price to coincide with the demand for consumption of E20 that has been growing continuously, and to meet the policy of the government sector to appoint it as the standard fuel for Thailand. As a way
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
of which specializes in vehicle lithium battery production technology. With its advanced innovation, it is able to sustain charges 10 times faster than normal charging February o The company started
synergy benefit of ~20 $M with cost optimizations. Integrated EO profitability were impacted due to poor oilfield demand and slowdown in construction sector though margins remain intact. Poor Gasoline
Plc. I 4 slightly improved from the previous quarter, due to the recovery of Gasoline-Dubai crack spread (UNL95/DB) in this quarter. Moreover, the refinery was able to continuously maintain its normal
6.90 11.00 14.32 -3.32 12.75 -1.75 FO/DB 2.36 (16.57) (7.30) (18.59) 11.29 0.54 -7.84 Crack Spreads Analysis Gasoline and Dubai crack spread (UNL95/DB) in Q1/2020 averaged at 6.54 $/BBL, a decline of
. However, the Company’s sales of B20 Diesel through the retail channel has doubled from the previous quarter after debuting the Hi-Diesel B20S which is of higher quality than the normal B20 Diesel. At the
started producing more gasoline products. When compared to Q1/2017, Mogas/Dubai crack spread (UNL95/DB) decreased by 0.53 USD/BBL. In Q2/2017 the crack spread faced pressure from excess supply; especially
delivering to our customers at this time of lockdown and crisis led by COVID19. Our PX business in USA has seen improvement with lower feedstock prices driven by lower crude oil and lower gasoline demand