Ortado\u011fu Petrol Fiyatland\u0131rmas\u0131 Bask\u0131 Alt\u0131nda \u00c7atl\u0131yor<\/p>\n<\/h2>\n
Platts Dubai g\u00f6sterge fiyat\u0131, H\u00fcrm\u00fcz’deki aksakl\u0131klar\u0131n ihracat\u0131 durdurmas\u0131yla ciddi bir bask\u0131 alt\u0131na girmi\u015f, bu durum onu fiziksel petrol ak\u0131\u015flar\u0131ndan koparm\u0131\u015f ve mevcut fiyatland\u0131rma derecelerini azaltm\u0131\u015ft\u0131r.<\/p>\n
D\u00fc\u015f\u00fck likidite ve yo\u011funla\u015fm\u0131\u015f ticaret, g\u00f6sterge fiyat\u0131n\u0131 savunmas\u0131z hale getirmi\u015f, birka\u00e7 oyuncu fiyatlar \u00fczerinde orant\u0131s\u0131z bir etki yaratm\u0131\u015ft\u0131r.<\/p>\n
Arz ve rafinajdaki yap\u0131sal de\u011fi\u015fimler Murban’\u0131n rol\u00fcn\u00fc art\u0131rm\u0131\u015f, fiyatland\u0131rma dinamiklerini yeniden \u015fekillendirmi\u015f ve geleneksel Ortado\u011fu g\u00f6sterge sistemindeki zay\u0131fl\u0131klar\u0131 ortaya \u00e7\u0131karm\u0131\u015ft\u0131r.<\/p>\n
G\u00fcnde yakla\u015f\u0131k 18 milyon varil, yani k\u00fcresel arz\u0131n neredeyse be\u015fte birini fiyatland\u0131rmada kullan\u0131lan Platts Dubai g\u00f6sterge fiyat\u0131, H\u00fcrm\u00fcz Bo\u011faz\u0131 \u00fczerinden yap\u0131lan ihracat\u0131n durmas\u0131yla “tehlikeli bir konumda” ciddi bir bask\u0131 alt\u0131na girmi\u015ftir. Reuters’a g\u00f6re, \u00e7o\u011fu kargonun bo\u011fazdan g\u00fcvenli bir \u015fekilde ge\u00e7ememesi nedeniyle, sistem y\u00fcklenemeyen petrol\u00fcn nas\u0131l fiyatland\u0131r\u0131laca\u011f\u0131 gibi temel bir sorunla bo\u011fu\u015fmaktad\u0131r. Washington’\u0131n Bo\u011faz’\u0131n yeniden resmi olarak ticarete a\u00e7\u0131k oldu\u011funu duyurmas\u0131na ra\u011fmen, durum bug\u00fcne kadar b\u00fcy\u00fck \u00f6l\u00e7\u00fcde de\u011fi\u015fmemi\u015ftir. Platts Dubai g\u00f6sterge fiyat\u0131, BAE, Umman ve Katar’da \u00fcretilen ve \u00e7o\u011fu Bo\u011faz i\u00e7inde y\u00fcklenen ham petrole ba\u011fl\u0131d\u0131r. Ancak \u00e7at\u0131\u015fmalar\u0131n ba\u015flamas\u0131ndan bu yana tanker trafi\u011fi \u00f6nemli \u00f6l\u00e7\u00fcde yava\u015flam\u0131\u015f, bu da g\u00f6sterge fiyat\u0131n\u0131 fiziksel ger\u00e7eklikten koparm\u0131\u015ft\u0131r. Platts, teslim edilebilir dereceleri be\u015ften ikiye (Murban ve Umman) d\u00fc\u015f\u00fcrerek fiyatland\u0131rma sepetindeki arz\u0131 yakla\u015f\u0131k %40 oran\u0131nda azaltarak yan\u0131t vermi\u015ftir. Piyasa kat\u0131l\u0131mc\u0131lar\u0131 Reuters’a g\u00f6sterge fiyat\u0131n\u0131n “fiilen bozuldu\u011funu” belirtmi\u015f, baz\u0131lar\u0131 Dubai ba\u011flant\u0131l\u0131 kargo veya t\u00fcrev ticaretinden tamamen \u00e7ekilmi\u015ftir. Di\u011ferleri reform \u00e7a\u011fr\u0131s\u0131 yaparken, Asyal\u0131 al\u0131c\u0131lar Brent ba\u011flant\u0131l\u0131 s\u00f6zle\u015fmeler de dahil olmak \u00fczere alternatif fiyatland\u0131rma y\u00f6ntemlerine giderek daha fazla y\u00f6nelmektedir.<\/p>\n
Umman ham petrol\u00fc eksik varilleri yerine koyamam\u0131\u015f, y\u00fck\u00fcn \u00e7o\u011funu Murban’a b\u0131rakm\u0131\u015ft\u0131r. Umman ihracat\u0131 Bo\u011faz’\u0131 atlayabilir ve DME Umman vadeli i\u015flem s\u00f6zle\u015fmesi \u015feffaf, borsa tabanl\u0131 bir fiyatland\u0131rma mekanizmas\u0131 sa\u011flamak i\u00e7in olu\u015fturulmu\u015ftur, ancak likidite d\u00fc\u015f\u00fck kalmakta ve kat\u0131l\u0131m s\u0131n\u0131rl\u0131d\u0131r. Platts Dubai sistemi i\u00e7inde Umman hala ayn\u0131 gergin yap\u0131ya ba\u011fl\u0131 oldu\u011fundan, fiyatland\u0131rma sorununu \u00e7\u00f6zmemektedir.<\/p>\n
Enerji krizi, Ortado\u011fu g\u00f6sterge fiyat\u0131n\u0131n yo\u011funla\u015fm\u0131\u015f ticarete kar\u015f\u0131 ne kadar savunmas\u0131z oldu\u011funu da ortaya koymu\u015ftur.<\/p>\n
Platts Dubai fiyatland\u0131rmas\u0131, k\u0131smi kargo i\u015flemlerinin tam teslimatlara d\u00f6n\u00fc\u015ft\u00fcr\u00fcld\u00fc\u011f\u00fc “Kapan\u0131\u015f Piyasas\u0131” s\u00fcrecine dayanmaktad\u0131r. Daha az kat\u0131l\u0131mc\u0131 ve d\u00fc\u015f\u00fck likidite ile etki yo\u011funla\u015fmaktad\u0131r. Ticaret verileri, TotalEnergies’in ticaret kolunun Mart ay\u0131nda Dubai k\u0131smi kargolar\u0131na yakla\u015f\u0131k 4 milyar dolar harcad\u0131\u011f\u0131n\u0131, 82 kargonun 77’sini teslim ald\u0131\u011f\u0131n\u0131 ve s\u00fcreci etkin bir \u015fekilde domine ederek fiyatlar \u00fczerinde yukar\u0131 y\u00f6nl\u00fc bask\u0131 olu\u015fturdu\u011funu g\u00f6stermektedir. Bu herhangi bir kural\u0131 \u00e7i\u011fnemese de, potansiyel bir soruna i\u015faret etmektedir. Bir g\u00f6sterge fiyat\u0131 az say\u0131da i\u015flemle y\u00f6nlendirildi\u011finde, tek bir oyuncu fiyat\u0131 \u015fekillendirebilir ve rekabeti a\u015f\u0131nd\u0131rabilir.<\/p>\n
Yeni Fiyatland\u0131rma Mekanizmas\u0131<\/p>\n<\/h2>\n
Ancak, Murban’\u0131n artan hakimiyeti, \u0130ran sava\u015f\u0131ndan \u00e7ok \u00f6ncesine dayanan bir olgudur. Daha \u00f6nemli de\u011fi\u015fim, arz disiplini ve rafineri ekonomisinin tatl\u0131 ve ek\u015fi dereceler aras\u0131ndaki k\u00f6kl\u00fc ili\u015fkileri alt\u00fcst etmesiyle Murban’\u0131n g\u00f6sterge fiyatlar\u0131n\u0131n i\u00e7indeki fiyatland\u0131rma davran\u0131\u015f\u0131n\u0131, \u00f6zellikle Asya’da nas\u0131l de\u011fi\u015ftirdi\u011fidir. Bu de\u011fi\u015fimin a\u00e7\u0131k bir i\u015fareti, Murban’\u0131n Dubai g\u00f6sterge fiyat\u0131 i\u00e7inde nas\u0131l i\u015flem g\u00f6rd\u00fc\u011f\u00fcd\u00fcr. Murban art\u0131k sepete teslim edilebilecek derecelerden sadece biri de\u011fildir: orta ve a\u011f\u0131r ek\u015fi arz\u0131n\u0131n s\u0131k\u0131 oldu\u011fu d\u00f6nemlerde Murban genellikle en \u00e7ok bulunan ham petrol olmu\u015f ve fiyatlar onun etraf\u0131nda \u015fekillenme e\u011filimi g\u00f6stermi\u015ftir. Baz\u0131 durumlarda bu durum, Murban’\u0131n normalde indirimli fiyatland\u0131r\u0131lacak ek\u015fi derecelerin alt\u0131nda i\u015flem g\u00f6rmesine neden olmu\u015ftur.<\/p>\n
Sadece on y\u0131l \u00f6nce, bu tersine d\u00f6n\u00fc\u015f\u00fc hayal etmek zor olurdu. Dubai g\u00f6sterge fiyat\u0131, rafinerilerin daha a\u011f\u0131r varilleri i\u015flemek \u00fczere kuruldu\u011fu Asya’ya akan orta ek\u015fi ham petroller etraf\u0131nda in\u015fa edilmi\u015fti. Murban gibi hafif tatl\u0131 dereceler, i\u015flenmesi daha kolay oldu\u011fu ve daha y\u00fcksek de\u011ferli \u00fcr\u00fcnler \u00fcretti\u011fi i\u00e7in genellikle primli i\u015flem g\u00f6r\u00fcrd\u00fc. Arz modelleri de\u011fi\u015ftik\u00e7e ve rafineri ekonomisi farkl\u0131la\u015ft\u0131k\u00e7a, bu ili\u015fki daralm\u0131\u015f ve hatta bazen tersine d\u00f6nm\u00fc\u015ft\u00fcr.<\/p>\n
Temel itici g\u00fc\u00e7 talepten ziyade arz y\u00f6netimi olmu\u015ftur. OPEC+ \u00fcretim kesintileri, orta ve a\u011f\u0131r ek\u015fi dereceleri orant\u0131s\u0131z bir \u015fekilde k\u0131s\u0131tlayarak Upper Zakum, Umman, Al Shaheen ve Dubai Fateh gibi ham petrollerin bulunabilirli\u011fini s\u0131k\u0131la\u015ft\u0131rm\u0131\u015ft\u0131r. Murban ise aksine nispeten bol ve serbest\u00e7e ticareti yap\u0131labilir kalm\u0131\u015ft\u0131r. Sonu\u00e7 olarak, ek\u015fi arz\u0131n\u0131n s\u0131k\u0131 oldu\u011fu d\u00f6nemlerde Murban, Dubai sepetindeki en ucuz teslim edilebilir ham petrol haline gelmi\u015f ve g\u00f6sterge fiyat\u0131n\u0131n de\u011ferini etkili bir \u015fekilde s\u0131n\u0131rlam\u0131\u015ft\u0131r.<\/p>\n
Ayn\u0131 zamanda, Asya’daki rafineri ekonomisi de geli\u015fmi\u015ftir. Son on y\u0131lda, \u00f6zellikle \u00c7in’deki rafineriler, daha a\u011f\u0131r, daha ucuz ham petrolleri i\u015fleyebilen ve ayn\u0131 zamanda benzin, nafta ve jet yak\u0131t\u0131 gibi hafif \u00fcr\u00fcnlerin \u00fcretimini maksimize eden karma\u015f\u0131k y\u00fckseltme kapasitesine b\u00fcy\u00fck yat\u0131r\u0131mlar yapm\u0131\u015ft\u0131r. Bu yat\u0131r\u0131m, bir zamanlar hafif tatl\u0131 ham petrollerin sahip oldu\u011fu yap\u0131sal avantaj\u0131 azaltm\u0131\u015f ve rafinerileri sadece kaliteye de\u011fil, bulunabilirli\u011fe dayal\u0131 olarak farkl\u0131 dereceler aras\u0131nda ikame yapmaya daha istekli hale getirmi\u015ftir.<\/p>\n
Ge\u00e7en y\u0131l, Dubai sepetindeki orta ek\u015fi dereceler zaman zaman Murban’\u0131n \u00fczerinde i\u015flem g\u00f6rd\u00fc. Bu de\u011fi\u015fim kaliteyle ilgili de\u011fildi; daha ziyade arz dinamiklerini yans\u0131t\u0131yordu. OPEC+ kesintileri daha a\u011f\u0131r ek\u015fi varillerin bulunabilirli\u011fini s\u0131k\u0131la\u015ft\u0131r\u0131rken, Murban daha serbest akmaya devam etti. Bu durum, Murban’\u0131 sepetteki (bazen) en d\u00fc\u015f\u00fck fiyatl\u0131 teslim edilebilir ham petrol haline getirerek g\u00f6sterge fiyat\u0131 i\u00e7in etkili bir taban olu\u015fturdu. Bu geli\u015fen ger\u00e7eklik, g\u00f6sterge y\u00f6neticilerini stratejilerini de\u011fi\u015ftirmeye zorlad\u0131.<\/p>\n
Platts, Ocak ay\u0131nda Dubai g\u00f6sterge fiyat\u0131n\u0131 de\u011fi\u015ftirerek Murban’a \u00e7ok daha b\u00fcy\u00fck bir rol verdi ve Dubai’nin \u00fczerinde tutulmak yerine sepet i\u00e7inde serbest\u00e7e i\u015flem g\u00f6rmesine izin verdi. Eski prim sistemi, Murban’\u0131n piyasa ko\u015fullar\u0131na g\u00f6re di\u011fer derecelerin \u00fczerinde veya alt\u0131nda fiyatland\u0131r\u0131labilece\u011fi, Umman ile son fiyat farklar\u0131ndan hesaplanan \u00e7ift y\u00f6nl\u00fc hareket edebilen bir Murban Kalite Ayarlamas\u0131 ile de\u011fi\u015ftirildi. Bu sistem ayn\u0131 zamanda, Murban fiyatlar\u0131 sepetin geri kalan\u0131n\u0131n alt\u0131ndaysa bir sat\u0131c\u0131n\u0131n al\u0131c\u0131y\u0131 etkili bir \u015fekilde telafi edece\u011fi negatif ayarlamalara da izin veriyordu. Ancak Mart ay\u0131nda, \u0130ran sava\u015f\u0131n\u0131n ak\u0131\u015flar\u0131 aksatmas\u0131yla Platts bu de\u011fi\u015fikli\u011fin bir k\u0131sm\u0131n\u0131 geri ald\u0131 ve negatif ayarlamalar\u0131 ask\u0131ya alarak, Murban’\u0131n sisteme varil ak\u0131\u015f\u0131n\u0131 sa\u011flamak i\u00e7in (kalan birka\u00e7 dereceden biri oldu\u011funda) tekrar bir taban koydu.<\/p>\n
Oilprice.com i\u00e7in Alex Kimani taraf\u0131ndan<\/p>\n
Oilprice.com’dan Daha Fazla \u00d6ne \u00c7\u0131kan Haberler<\/p>\n
#PetrolFiyatlar\u0131 #Ortado\u011fuPetrol\u00fc #H\u00fcrm\u00fczBo\u011faz\u0131 #PlattsDubai #MurbanPetrol #EnerjiPiyasas\u0131 #OPEC #PetrolTicaret #RafineriEkonomisi #K\u00fcreselPetrol<\/p>\n","protected":false},"excerpt":{"rendered":"
Ortado\u011fu Petrol Fiyatland\u0131rmas\u0131 Bask\u0131 Alt\u0131nda \u00c7atl\u0131yor Platts Dubai g\u00f6sterge fiyat\u0131, H\u00fcrm\u00fcz’deki aksakl\u0131klar\u0131n ihracat\u0131 durdurmas\u0131yla ciddi bir bask\u0131 alt\u0131na girmi\u015f, bu durum onu fiziksel petrol ak\u0131\u015flar\u0131ndan koparm\u0131\u015f ve mevcut fiyatland\u0131rma derecelerini azaltm\u0131\u015ft\u0131r. D\u00fc\u015f\u00fck likidite ve yo\u011funla\u015fm\u0131\u015f ticaret, g\u00f6sterge fiyat\u0131n\u0131 savunmas\u0131z hale getirmi\u015f, birka\u00e7 oyuncu fiyatlar \u00fczerinde orant\u0131s\u0131z bir etki yaratm\u0131\u015ft\u0131r. Arz ve rafinajdaki yap\u0131sal de\u011fi\u015fimler Murban’\u0131n […]<\/p>\n","protected":false},"author":2,"featured_media":3450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-3449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-orta-dogu-haberleri"],"_links":{"self":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/3449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3449"}],"version-history":[{"count":0,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/3449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/media\/3450"}],"wp:attachment":[{"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}