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
remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing
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
from narrower DTD/DB spread. Within this quarter there was an inventory gain of THB 241 million from the increase in crude price, but there was a loss from the crude and product oil price hedging
Business Operation for 2Q/2018 Bangchak Corporation Plc. I 7 from the increment in crude oil price and improving crack spread of some products. In this quarter, crude oil price adjusted upward sharply, which
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
production of the bunker oil with Sulphur content not exceeding 0.5% in 2020. When comparing Dated Brent and Dubai spread (DTD/DB) average between 2019 and 2018, a decline of 0.96 $/BBL, this is due to
spread between finished product and crude oil in every product category, and from the higher average crude oil price; resulting in an Inventory Gain of THB 834 million, exceeding 2016’s. Moreover, there
USD 12.82 per barrel in Q2/2018; the decline was due to the retracting finished product and crude oil crack spread for most products. Moreover, refinery business incurred an inventory loss of THB 107
reinforced Dubai crude oil price to increase. Dated Brent and Dubai spread (DTD/DB) in Q3/2019 on average decline by 0.20 $/BBL when compared to Q3/2018, due to pressures from light crude supplies that has