Business Developement & Price Risk Management |
| The price volatility creates impacts both on the cost and revenue sides to the petroleum trading business, thus necessitating the need to use hedging mechanism to mitigate risks involved. Using hedging effectively requires an in-depth understanding of fundamental factors, market sentiment and technical elements which affect price movements of crude oil and refined products. |
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| Wild fluctuations of oil price in the past few years had significant bearing on energy firms and challenging their ability to manage risks resulting from price movements. At PTT and affiliated companies, risk management is an important function. Dedicated units have been set up and tasked to work closely together to constantly monitor the oil market situation. They will then come up with the most pragmatic plan to minimize risks arising from their business undertakings. |
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