Bangchak Corporation announced its Q1 2026 business performance, highlighting increased average crude oil prices, high refinery utilization, record marketing sales, and growth in its natural resources and bioenergy segments. The company also saw increased proportional power generation from its US natural gas plants.

Geopolitical conflicts in the Middle East and OPEC+ production cuts significantly impacted global oil prices and crack spreads, benefiting Bangchak's upstream and refining businesses. The company's diversified portfolio and effective supply chain management supported strong domestic demand and contributed to national energy security.