IRPC’s oil refinery facilities in Rayong’s Muang district. (Photo: IRPC)
Dubai crude oil reference prices are expected to fall to US$83-85 per barrel next year based on slow global economic growth, says Phichin Aphiwantanaporn, senior executive vice-president of IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.
The new average price is slightly lower than the $86-87 per barrel estimated for the fourth quarter of this year, he…
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