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
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
. 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
replace its catalyst from mid-July to mid-August. The unit has currently resumed operation and operates at full capacity. Despite the higher Fuel Oil yield portion during this quarter, the refinery
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
Corporation Plc. regulation standards enforced since the previous April. Supply side saw various refineries in Europe, Asia, and the U.S. going through emergency shutdowns, tightening supplies. Fuel oil
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
petroleum products traded with partners abroad in the form of Overseas Trading (Out-Out) , and the trade of Low Sulphur Fuel Oil products that were further upgraded to be more valuable product. The market
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
barrels. Fuel Oil and Dubai crack spread (FO/DB) in Q1/2019 averaged at 0.54 $/BBL, an increase of 5.50 $/BBL compared to Q1/2018, influenced by the production cut of OPEC and their associates, combined