ABD Enerji Enformasyon \u0130daresi (EIA) verileri, distile yak\u0131t stoklar\u0131nda daha g\u00fc\u00e7l\u00fc bir d\u00fc\u015f\u00fc\u015fe i\u015faret etti. 21 A\u011fustos\u2019ta sona eren haftada stoklar 2,228 milyon varil azald\u0131. Bu rakam, \u00f6nceki raporlama d\u00f6nemindeki 1,53 milyon varillik gerilemeyle kar\u015f\u0131la\u015ft\u0131r\u0131ld\u0131.<\/p>\n\n
EIA serisine g\u00f6re bu hareket, son haftada stoklar\u0131n daha h\u0131zl\u0131 s\u0131k\u0131la\u015ft\u0131\u011f\u0131na i\u015faret ediyor. Distile stoklar; motorin ve kalorifer yak\u0131t\u0131 gibi, rafine \u00fcr\u00fcnler piyasas\u0131nda arz-talep ko\u015fullar\u0131 a\u00e7\u0131s\u0131ndan yak\u0131ndan izlenen \u00fcr\u00fcnleri kaps\u0131yor.<\/p>\n\n
Son EIA verilerinin 21 A\u011fustos\u2019ta sona eren haftada distile stoklar\u0131n\u0131n 2,228 milyon varil geriledi\u011fini g\u00f6stermesi, ABD enerji piyasas\u0131nda belirgin bir s\u0131k\u0131la\u015fmaya i\u015faret ediyor. Bu stok \u00e7ekili\u015fi, bir \u00f6nceki haftadaki 1,53 milyon varillik d\u00fc\u015f\u00fc\u015ften daha derin; bu da piyasa kat\u0131l\u0131mc\u0131lar\u0131n\u0131n bekledi\u011finden daha g\u00fc\u00e7l\u00fc bir talebe i\u015faret ediyor. Bu nedenle, k\u0131sa vadede motorin ve kalorifer yak\u0131t\u0131 fiyatlar\u0131 \u00fczerinde yukar\u0131 y\u00f6nl\u00fc bask\u0131 bekliyoruz.<\/p>\n\n
Tarihsel olarak a\u011fustos sonu; tar\u0131msal hasat haz\u0131rl\u0131klar\u0131n\u0131n ve k\u0131\u015fa d\u00f6n\u00fck stoklaman\u0131n distile envanterlerini a\u015fa\u011f\u0131 \u00e7ekmeye ba\u015flad\u0131\u011f\u0131 kritik bir ge\u00e7i\u015f d\u00f6nemidir. 2022 gibi arz\u0131n s\u0131k\u0131\u015f\u0131k oldu\u011fu y\u0131llarda distile stoklar\u0131 be\u015f y\u0131ll\u0131k ortalaman\u0131n %15\u2019ten fazla alt\u0131na inerken, yaz sonundaki \u00e7ekili\u015fler sonbahara girerken sert fiyat s\u0131\u00e7ramalar\u0131n\u0131 tetiklemi\u015fti. Mevcut piyasa yap\u0131s\u0131n\u0131n da ge\u00e7mi\u015fteki bu s\u0131k\u0131 arz d\u00f6ng\u00fclerini yans\u0131tt\u0131\u011f\u0131n\u0131 ve g\u00f6r\u00fcn\u00fcm\u00fcn belirgin \u015fekilde \u201cbo\u011fa\u201d oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n\n
T\u00fcrev piyasa yat\u0131r\u0131mc\u0131lar\u0131n\u0131n, \u00f6n\u00fcm\u00fczdeki haftalarda rafine \u00fcr\u00fcn marjlar\u0131nda s\u00fcren bir s\u0131k\u0131\u015fmaya konumlanarak tepki vermesi gerekti\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz. Mevsimsel y\u00fckseli\u015ften faydalanmak i\u00e7in Ekim ve Kas\u0131m vadeli kalorifer yak\u0131t\u0131 (ULSD) al\u0131m (call) opsiyonlar\u0131n\u0131n al\u0131nmas\u0131n\u0131 \u00f6neriyoruz. Ayr\u0131ca, kalorifer yak\u0131t\u0131\u2013WTI crack spread\u2019inde uzun pozisyon almak, genel ham petrol fiyatlar\u0131 dalgalansa bile rafinaj taraf\u0131ndaki g\u00fc\u00e7lenmeden gelir elde etmemizi sa\u011flayabilir.<\/p>\n\n
Toplam yurt i\u00e7i distile stoklar\u0131n\u0131n h\u00e2lihaz\u0131rda mevsimsel be\u015f y\u0131ll\u0131k ortalaman\u0131n yakla\u015f\u0131k %10 alt\u0131nda seyretmesi, arz \u015foklar\u0131na kar\u015f\u0131 manevra alan\u0131n\u0131 olduk\u00e7a daralt\u0131yor. Atlantik kas\u0131rga sezonunun kalan b\u00f6l\u00fcm\u00fcnde beklenmedik rafineri duru\u015flar\u0131, h\u0131zl\u0131 bir \u201cshort squeeze\u201di tetikleyebilir. Daha geni\u015f ekonomik r\u00fczg\u00e2rlara kar\u015f\u0131 s\u0131k\u0131 risk limitleri korunurken, k\u00fc\u00e7\u00fck geri \u00e7ekilmelerde uzun pozisyonlar\u0131n kademeli art\u0131r\u0131lmas\u0131n\u0131 \u00f6neriyoruz.<\/p>\n\n\n\n
Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":" EIA verileri distile stoklarda 2,228 milyon varillik sert d\u00fc\u015f\u00fc\u015fle arz\u0131n h\u0131zla s\u0131k\u0131la\u015ft\u0131\u011f\u0131n\u0131 g\u00f6sterdi. Be\u015f y\u0131ll\u0131k ortalaman\u0131n %10 alt\u0131 stoklar fiyatlar\u0131 desteklerken, ULSD call ve crack spread uzunlar\u0131 \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":49963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-53275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t