Q4/2018, inventory loss was THB 2,517 million. In this quarter, the refinery’s average production rate was 110.12 thousand barrels per day, as there was a maintenance of the Hydrocracking Unit’s Gas
to lower production once again by 1 million barrels per day for the first half of 2019, beginning in January 2019. While Saudi Arabia has lowered their production levels prior in December 2018 by as
crude oil in the United States that rose to 9.8 million barrels per day in December, leading to oil production in the United States to increase from 8.9 million barrels per day in 2016 to 9.2 million
manufacturers of automotive components such as steering knuckles, brake discs, brake drums, brake caliper, axel arms, and brackets for original equipment manufacturers (“OEM”) such as General Motors, Continental
Business Exploration and Production Business recorded sales revenue of THB 387 million (+30% YoY, -3% QoQ), and sales volume of 205,553 barrels (-48% YoY, +1% QoQ), selling price in this quarter decreased
% QoQ). Exploration and Production Business The Exploration and Production Business has sales revenue of THB 336 million (-48% YoY, -13% QoQ), total sales volume of 203,807 barrels (+3% YoY, -2% QoQ), the
crude oil production in the US that increased by 650,000 barrels per day in Q1/2018, coming to a total of 10.4 million barrels per day late in the quarter. While the amount of active rigs in the US
speculate that this new round of sanctions will reduce crude oil volume by 600,000 – 1,500,000 barrels per day; from the record high figures of crude oil exported by Iran in April 2018 at 3. 09 million
a meeting in Vienna where they agreed to deepen the crude oil production quantity cut by another 0. 5 million barrels per day from the previous agreed upon 1. 2 million barrels per day reduction
production rate, its average crude run was at 112.67 thousand barrels per day. Furthermore, from the tumultuous disposition of crude oil price in the global market during the quarter, Dubai crude oil price