ืขืฉื” ืืช ื”ื”ืฉืงืขื•ืช ื”ื˜ื•ื‘ื•ืช ื‘ื™ื•ืชืจ ืฉืœ ื—ื™ื™ืš

23,8 % ร˜-Performance der Fair-Value-Strategie seit 2003
ืžืชื—ื™ืœื™ื ืž-2 ืื™ืจื•
Analyse
ืคืจื•ืคื™ืœ
๐Ÿ‡บ๐Ÿ‡ธ

ืืจืฆื•ืช ื”ื‘ืจื™ืช ืžืœืื™ ื‘ื ื–ื™ืŸ API

ืฉืขืจ

207,000 BBL/1
ืฉื™ื ื•ื™ +/-
-1.477 ืžื™ืœื™ื•ืŸ BBL/1
ืฉื™ืขื•ืจ ืฉื™ื ื•ื™ %
-156.20 %

ื”ืขืจืš ื”ื ื•ื›ื—ื™ ืฉืœ ืžืœืื™ ื‘ื ื–ื™ืŸ API ื‘-ืืจืฆื•ืช ื”ื‘ืจื™ืช ื”ื•ื 207,000 BBL/1. ืžืœืื™ ื‘ื ื–ื™ืŸ API ื‘-ืืจืฆื•ืช ื”ื‘ืจื™ืช ื™ืจื“ ืœ-207,000 BBL/1 ื‘-1.4.2025, ืœืื—ืจ ืฉื”ื™ื” 1.684 ืžื™ืœื™ื•ืŸ BBL/1 ื‘-1.2.2025. ืž-19.5.2017 ืขื“ 23.5.2025, ื”ืชืž"ื’ ื”ืžืžื•ืฆืข ื‘-ืืจืฆื•ืช ื”ื‘ืจื™ืช ื”ื™ื” โ€Ž-36,257.21 BBL/1. ื”ืฉื™ื ื”ื”ื™ืกื˜ื•ืจื™ ื ืจืฉื ื‘-7.1.2022 ืขื 10.86 ืžื™ืœื™ื•ืŸ BBL/1, ื‘ืขื•ื“ ืฉื”ืขืจืš ื”ื ืžื•ืš ื‘ื™ื•ืชืจ ื ืจืฉื ื‘-26.2.2021 ืขื โ€Ž-9.93 ืžื™ืœื™ื•ืŸ BBL/1.

ืžืงื•ืจ: American Petroleum Institute (API)

ืžืœืื™ ื‘ื ื–ื™ืŸ API

  • ืฉืœื•ืฉ ืฉื ื™ื

  • ื—ืžืฉ ืฉื ื™ื

  • ืžืงืก

ืžืœืื™ ื‘ื ื–ื™ืŸ API

ืžืœืื™ ื‘ื ื–ื™ืŸ API ื”ื™ืกื˜ื•ืจื™ื”

ืชืืจื™ืšืขืจืš
1.4.2025207,000 BBL/1
1.2.20251.684 ืžื™ืœื™ื•ืŸ BBL/1
1.1.20254.647 ืžื™ืœื™ื•ืŸ BBL/1
1.12.20242.284 ืžื™ืœื™ื•ืŸ BBL/1
1.11.20242.25 ืžื™ืœื™ื•ืŸ BBL/1
1.9.20241.62 ืžื™ืœื™ื•ืŸ BBL/1
1.8.20243.31 ืžื™ืœื™ื•ืŸ BBL/1
1.7.2024365,000 BBL/1
1.6.20243.156 ืžื™ืœื™ื•ืŸ BBL/1
1.5.20242.525 ืžื™ืœื™ื•ืŸ BBL/1
1
2
3
4
5
...
9

ืžื“ื“ื™ื ื›ืœื›ืœื™ื™ื ืžืงืจื• ื“ื•ืžื™ื ืœ-ืžืœืื™ ื‘ื ื–ื™ืŸ API

ืฉืื ื•ื›ื—ื™ืงื•ื“ืืชื“ื™ืจื•ืช
๐Ÿ‡บ๐Ÿ‡ธ
API ื—ื™ืžื•ื ื ืคื˜
โ€Ž-465,000 BBL/1โ€Ž-405,000 BBL/1frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
API ื™ื‘ื•ืื™ ื ืคื˜ ื’ื•ืœืžื™
954,000 BBL/1โ€Ž-1.15 ืžื™ืœื™ื•ืŸ BBL/1frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
API ืจื•ื”ืืœื“ื•ืจื›ืœืื•ืคื™
91,000 BBL/1โ€Ž-12,000 BBL/1frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ื™ื‘ื•ื ืžื•ืฆืจื™ API
384,000 BBL/1โ€Ž-233,000 BBL/1frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ื™ื™ื‘ื•ื ื ืคื˜ ื’ื•ืœืžื™
โ€Ž-532,000 Barrels110,000 Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ื™ื™ืฆื•ืจ ื‘ื ื–ื™ืŸ
190,000 Barrels178,000 Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ื™ื™ืฆื•ืจ ื“ืœืง ื“ื™ืกื˜ื™ืœืฆื™ื”
100,000 Barrels131,000 Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืžื™ืžื•ื“ ืืกื˜ืจื˜ื’ื™ ืฉืœ ืžืœืื™ ื ืคื˜ ื’ื•ืœืžื™
400.493 ืžื™ืœื™ื•ืŸ Barrels399.65 ืžื™ืœื™ื•ืŸ Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืžืœืื™ ื“ื™ืกื˜ื™ืœื˜ API
1.295 ืžื™ืœื™ื•ืŸ BBL/1โ€Ž-1.401 ืžื™ืœื™ื•ืŸ BBL/1frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืžืœืื™ ื ืคื˜ ื’ื•ืœืžื™ ืฉืœ ืงืืฉื™ื ื’
75,000 Barrelsโ€Ž-457,000 Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืžืœืื™ ืฉืžืŸ ื—ื™ืžื•ื
โ€Ž-6,000 Barrelsโ€Ž-348,000 Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืžืœืื™ ืชื–ืงื™ืงื™ื
โ€Ž-724,000 Barrels579,000 Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืžืกืคืจ API Cushing
โ€Ž-342,000 BBL/1โ€Ž-443,000 BBL/1frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืžืชืงื ื™ ืงื™ื“ื•ื— ืœื ืคื˜ ื’ื•ืœืžื™
461 465 frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืกื”"ื› ืžืกืคืจ ื”ืžื›ื•ื ื•ืช ื”ืงื™ื“ื•ื—
563 566 frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืงืฆื‘ ืขื™ื‘ื•ื“ ื ืคื˜ ื’ื•ืœืžื™ ื‘ืžื–ืงืงื”
โ€Ž-162,000 Barrels89,000 Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืฉื™ื ื•ื™ ื‘ืžืœืื™ ื’ื– ื˜ื‘ืขื™
101 ืžื™ืœื™ืืจื“ cubic feet120 ืžื™ืœื™ืืจื“ cubic feetfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืฉื™ื ื•ื™ ื‘ืžืœืื™ ื”ื‘ื ื–ื™ืŸ
โ€Ž-2.441 ืžื™ืœื™ื•ืŸ Barrels816,000 Barrelsfrequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืฉื™ื ื•ื™ ื‘ืžืœืื™ ื”ื ืคื˜ ื”ื’ื•ืœืžื™
โ€Ž-2.795 ืžื™ืœื™ื•ืŸ BBL/11.328 ืžื™ืœื™ื•ืŸ BBL/1frequency_weekly
๐Ÿ‡บ๐Ÿ‡ธ
ืฉื™ื ื•ื™ ื‘ืžืœืื™ ื ืคื˜ ื”-API
โ€Ž-4.236 ืžื™ืœื™ื•ืŸ BBL/12.499 ืžื™ืœื™ื•ืŸ BBL/1frequency_weekly

ื“ืคื™ ืžืืงืจื• ืœืžื“ื™ื ื•ืช ืื—ืจื•ืช ื‘ ืืžืจื™ืงื”

ืžื”ื• ืžืœืื™ ื‘ื ื–ื™ืŸ API

ืงื˜ื’ื•ืจื™ื™ืช "ืžืœืื™ ื‘ื ื–ื™ืŸ API" ื‘ืืชืจ Eulerpool ื”ื™ื ืžืงื•ืจ ืžืงืฆื•ืขื™ ื•ืืžื™ืŸ ืœืžื™ื“ืข ื›ืœื›ืœื™ ืžืงืจื• ืขื‘ื•ืจ ืžื ื”ืœื™ื ืคื™ื ื ืกื™ื™ื, ืžืฉืงื™ืขื™ื ื•ืื ืœื™ืกื˜ื™ื ื‘ืจื—ื‘ื™ ื”ืขื•ืœื. ื”ื ืชื•ื ื™ื ื”ืžื•ืฆื’ื™ื ื‘ืงื˜ื’ื•ืจื™ื” ื–ื• ืžืกืคืงื™ื ืชื•ื‘ื ื•ืช ืžืขืžื™ืงื•ืช ืขืœ ืžืฆื‘ ืžืœืื™ ื”ื‘ื ื–ื™ืŸ ื‘ืืจืฆื•ืช ื”ื‘ืจื™ืช ื›ืคื™ ืฉื ืžื“ื“ ื•ื ื—ืฉื‘ ืขืœ ื™ื“ื™ ื”-American Petroleum Institute (API). ืžื™ื“ืข ื–ื” ื”ื•ื ืงืจื™ื˜ื™ ืœื”ื‘ื ืช ืžื’ืžื•ืช ื‘ื ื–ื™ืŸ ื•ื”ืฉืคืขื•ืชื™ื• ืขืœ ื”ืฉื•ืง ื•ื”ื›ืœื›ืœื” ื”ื›ืœืœ ืขื•ืœืžื™ืช. API Gasoline Stocks ืžืชื™ื™ื—ืกื™ื ืœืžืœืื™ ื”ื‘ื ื–ื™ืŸ ื”ืงื™ื™ืžื™ื ื‘ื‘ืชื™ ื”ื–ื™ืงื•ืง, ื”ื˜ืจืžื™ื ืœื™ื ื•ื”ืžืชืงื ื™ื ื”ืื—ืกื•ืŸ ื”ืื—ืจื™ื. ื”ื ืชื•ื ื™ื ื”ืœืœื• ืžืกืคืงื™ื ืžื“ื“ ืžืจื›ื–ื™ ืœื‘ื™ืงื•ืฉ ื•ื”ื™ืฆืข ืฉืœ ื‘ื ื–ื™ืŸ, ื•ื›ืš ืžืืคืฉืจื™ื ืœืื ืœื™ืกื˜ื™ื ื•ืœืžืฉืงื™ืขื™ื ืœืงื‘ืœ ืชืžื•ื ื” ืžืขืžื™ืงื” ืขืœ ืžืฆื‘ ื”ืฉื•ืง ื”ื ื•ื›ื—ื™ ื•ืœื—ื–ื•ืช ืืช ื”ืžื’ืžื•ืช ื”ืขืชื™ื“ื™ื•ืช. ื”ื ืชื•ื ื™ื ืขืœ ืžืœืื™ ื”ื‘ื ื–ื™ืŸ ื ืžื“ื“ื™ื ืžื“ื™ ืฉื‘ื•ืข ื•ืžืชืคืจืกืžื™ื ืขืœ ื™ื“ื™ API, ื•ื”ื ืžื›ื™ืœื™ื ืžื™ื“ืข ื—ืฉื•ื‘ ื‘ื ื•ื’ืข ืœืฉื™ื ื•ื™ื™ื ื‘ืžืœืื™ ื”ื‘ื ื–ื™ืŸ ืืฉืจ ื™ื›ื•ืœื™ื ืœื”ืฉืคื™ืข ืจื‘ื•ืช ืขืœ ืžื—ื™ืจื™ ื”ื“ืœืง ื•ื”ืฉื•ืง ื”ืื ืจื’ื™ื” ื‘ื›ืœืœื•. ื›ืืฉืจ ืžืœืื™ ื‘ื ื–ื™ืŸ ื ืžืฆืื™ื ื‘ืจืžื•ืช ื’ื‘ื•ื”ื•ืช, ื–ื” ืขืฉื•ื™ ืœื”ื•ื‘ื™ืœ ืœื™ืจื™ื“ืช ืžื—ื™ืจื™ื ื‘ื’ืœืœ ืขื•ื“ืฃ ื”ื™ืฆืข. ืœืขื•ืžืช ื–ืืช, ื™ืจื™ื“ื” ื‘ืžืœืื™ ื™ื›ื•ืœื” ืœื”ืฆื‘ื™ืข ืขืœ ื‘ื™ืงื•ืฉ ื”ื•ืœืš ื•ื’ื•ื‘ืจ, ื•ื‘ืขืงื‘ื•ืช ื›ืš ืขืœื™ื™ืช ืžื—ื™ืจื™ื. ื”ืฉื™ืจื•ืช ืฉืœื ื• ื‘-Eulerpool ืžืกืคืง ื ืชื•ื ื™ื ื‘ื–ืžืŸ ืืžืช, ื›ืš ืฉืคืœื˜ืคื•ืจืžืช ื”ืžื™ื“ืข ื”ืžืงืจื•-ื›ืœื›ืœื™ ืฉืœื ื• ื ื•ืชื ืช ืžืขื ื” ืœืฆืจื›ื™ ื”ืžื ื”ืœื™ื ื”ืคื™ื ื ืกื™ื™ื ื‘ืžืฉืง, ืืš ื’ื ืžืชืื™ืžื” ืœืžืฉืงื™ืขื™ื ื•ืื ืœื™ืกื˜ื™ื ื”ืžื—ืคืฉื™ื ื”ื‘ื ื” ืžืขืžื™ืงื” ื•ืฉื•ื˜ืคืช ืฉืœ ืžื’ืžื•ืช ืฉื•ืง ื”ืื ืจื’ื™ื”. ืžืœืื™ ื”ื‘ื ื–ื™ืŸ ื”ืžืคื•ืจืกืžื™ื ืขืœ ื™ื“ื™ API ื ื‘ื“ืœื™ื ื‘ื“"ื› ืžื”ืžืœืื™ื ืฉ-EIA (Energy Information Administration) ืžืคืจืกืžืช, ื•ืœื›ืŸ ืžืฉืชืžืฉื™ื ืžื™ื“ืข ื–ื” ื›ื“ื™ ืœื‘ื“ื•ืง ืืช ื”ื“ื™ื•ืง ื•ื”ืืžื™ื ื•ืช ืฉืœ ืชื—ื–ื™ื•ืช ืฉื•ื ื•ืช ื‘ืฉื•ืง. ื”ื ืชื•ื ื™ื ื™ื›ื•ืœื™ื ื’ื ืœืขื–ื•ืจ ื‘ื ื™ืชื•ื— ื”ืฉืคืขื•ืช ื”ืขื•ื ืชื™ื•ืช, ื‘ืžื™ื•ื—ื“ ื‘ืชืงื•ืคืช ื”ืงื™ืฅ ื›ืืฉืจ ื™ืฉ ื‘ื“ืจืš ื›ืœืœ ืขืœื™ื™ื” ื‘ื‘ื™ืงื•ืฉ ืœื‘ื ื–ื™ืŸ ืขืงื‘ ื—ื•ืคืฉื•ืช ื•ื˜ื™ืกื•ืช ืจื‘ื•ืช. ื‘-Eulerpool ืื ื• ืžื‘ื™ื ื™ื ืืช ื”ื—ืฉื™ื‘ื•ืช ืฉืœ ื ืชื•ื ื™ื ืžื“ื•ื™ืงื™ื ื•ืขื“ื›ื ื™ื™ื. ืœื›ืŸ, ืื ื• ืžืฉืงื™ืขื™ื ืžืฉืื‘ื™ื ืจื‘ื™ื ื›ื“ื™ ืœื”ื‘ื˜ื™ื— ืฉื”ื ืชื•ื ื™ื ื”ืžื•ืฆื’ื™ื ืขืœ ืคืœื˜ืคื•ืจืžืชื ื• ื”ื ืืžื™ื ื™ื ื•ืžื“ื•ื™ืงื™ื. ื”ืžืขืจื›ืช ืฉืœื ื• ื–ืžื™ื ื” ืœืžืฉืชืžืฉื™ื ื‘ื›ืœ ืขืช ื•ืžืกืคืงืช ื ืชื•ื ื™ ื”ื™ืกื˜ื•ืจื™ื™ื ื”ืฉื•ื•ื™ื ืœืžื™ื“ืข ื”ื ื•ื›ื—ื™, ื›ืš ืฉื ื™ืชืŸ ืœืจืื•ืช ืžื’ืžื•ืช ืืจื•ื›ื•ืช ื˜ื•ื•ื— ื•ืœื‘ืฆืข ืชื—ื–ื™ื•ืช ืžื•ืฉื›ืœื•ืช. API Gasoline Stocks ื”ื ื’ื ืงืจื™ื˜ื™ื™ื ืขื‘ื•ืจ ื”ื‘ื ืช ืžืขืจื›ืช ื”ืื ืจื’ื™ื” ื”ืขื•ืœืžื™ืช. ื”ืฉืคืขื•ืช ื”ื›ืœื›ืœื” ื”ื’ืœื•ื‘ืœื™ืช, ืœืจื‘ื•ืช ืชื ื•ื“ื•ืช ื‘ืžื—ื™ืจื™ ื”ื ืคื˜, ืžื•ืฉืคืขื•ืช ืœืขืชื™ื ืงืจื•ื‘ื•ืช ืžื ืชื•ื ื™ ื”ืžืœืื™. ื›ืืฉืจ ื™ืฉ ืœื—ืฆื™ื ื’ืœื•ื‘ืœื™ื™ื ื›ืžื• ืžืœื—ืžื•ืช, ื–ืขื–ื•ืขื™ื ื’ื™ืื•ืคื•ืœื™ื˜ื™ื™ื ืื• ืฉื™ื ื•ื™ื™ื ื‘ืžืœืื™ ื‘ื ื–ื™ืŸ, ื›ืœ ืืœื• ื™ื›ื•ืœื™ื ืœื”ื•ื‘ื™ืœ ืœืฉื™ื ื•ื™ื™ื ืžื”ื™ืจื™ื ื‘ืžื—ื™ืจื™ื ื•ื‘ื‘ื™ืงื•ืฉ. ื›ืžื• ื›ืŸ, ืžืœืื™ ื”ื‘ื ื–ื™ืŸ ื™ื›ื•ืœื™ื ืœืฉืžืฉ ื’ื ื›ื›ืœื™ ื—ืฉื•ื‘ ื‘ื ื™ืชื•ื— ื”ืฉืคืขื•ืช ืžื“ื™ื ื™ื•ืช ื›ืœื›ืœื™ืช, ื›ืžื• ืกื ืงืฆื™ื•ืช ืื• ื”ืกื›ืžื™ ืกื—ืจ. ืœื“ื•ื’ืžื, ืกื ืงืฆื™ื•ืช ืขืœ ืžื“ื™ื ื•ืช ืžืคื™ืงื•ืช ื ืคื˜ ื™ื›ื•ืœื•ืช ืœื”ื•ื‘ื™ืœ ืœื™ืจื™ื“ื” ื‘ื”ื™ืฆืข ื”ื’ืœื•ื‘ืœื™ ื•ื‘ื›ืš ืœื”ืฉืคื™ืข ืขืœ ืžืœืื™ ื”ื‘ื ื–ื™ืŸ ื•ื”ืžื—ื™ืจื™ื. ื‘ืืžืฆืขื•ืช ื”ืฉื™ืžื•ืฉ ื‘ื ืชื•ื ื™ API Gasoline Stocks, ื ื™ืชืŸ ืœื‘ืฆืข ื”ืขืจื›ื•ืช ืกื™ื›ื•ื ื™ื ื•ืœืงื‘ืœ ื”ื—ืœื˜ื•ืช ืžื•ืฉื›ืœื•ืช ื‘ื—ื‘ืจื•ืช ื•ื‘ืืจื’ื•ื ื™ื. ืžื ื”ืœื™ ืคื™ื ื ืกื™ื™ื ื•ืžืฉืงื™ืขื™ื ื™ื›ื•ืœื™ื ืœื”ืฉืชืžืฉ ื‘ืžื™ื“ืข ื›ื“ื™ ืœื–ื”ื•ืช ื”ื–ื“ืžื ื•ื™ื•ืช ืขืกืงื™ื•ืช, ืœื”ื‘ื™ืŸ ืฉื™ื ื•ื™ื™ื ื‘ืฉื•ืง ื•ืœื”ื’ื“ื™ืจ ืืกื˜ืจื˜ื’ื™ื•ืช ืืจื•ื›ื•ืช ื˜ื•ื•ื—. ื”ืฉื™ืจื•ืช ืฉืœื ื• ื‘-Eulerpool ืชื•ืžืš ื’ื ื‘ืฉื™ืžื•ืฉ ื‘ื›ืœื™ ื ื™ืชื•ื— ื˜ื›ื ื™ื™ื ื•ืžื›ืฉื™ืจื™ ื”ืฉื•ื•ืื” ื›ื“ื™ ืœืกื™ื™ืข ื‘ื ื™ืชื•ื— ื”ื ืชื•ื ื™ื. ื”ืžืฉืชืžืฉื™ื ื™ื›ื•ืœื™ื ืœื’ืฉืช ืœืžื’ื•ื•ืŸ ืจื—ื‘ ืฉืœ ื’ืจืคื™ื, ื˜ื‘ืœืื•ืช ื•ื“ื•ื—ื•ืช ื”ืžืกืคืงื™ื ืชื•ื‘ื ื•ืช ื ื•ืกืคื•ืช ืขืœ ืžื’ืžืช ืžืœืื™ ื”ื‘ื ื–ื™ืŸ. ืœืกื™ื›ื•ื, ืงื˜ื’ื•ืจื™ื™ืช "ืžืœืื™ ื‘ื ื–ื™ืŸ API" ืฉืœ Eulerpool ื”ื™ื ืžืงื•ืจ ืืžื™ืŸ ื•ื—ืฉื•ื‘ ืœืžื™ื“ืข ื›ืœื›ืœื™ ืžืงืจื• ืขื‘ื•ืจ ื›ืœ ืžื™ ืฉืžื—ืคืฉ ืœื”ื‘ื™ืŸ ืืช ื”ืฉืคืขื•ืช ืžืœืื™ ื”ื‘ื ื–ื™ืŸ ื•ื”ืžืฆื‘ ื‘ืฉื•ืง ื”ืื ืจื’ื™ื”. ืขื ื ืชื•ื ื™ื ืขื“ื›ื ื™ื™ื, ืฉื•ื˜ืคื™ื ื•ืžื“ื•ื™ืงื™ื, ืงื˜ื’ื•ืจื™ื” ื–ื• ืžืกืคืงืช ืžืื•ื“ ืœื—ื‘ืจื•ืช, ืžืฉืงื™ืขื™ื ื•ืื ืœื™ืกื˜ื™ื ื›ืœื™ ื—ืฉื•ื‘ ืœืงื‘ืœืช ื”ื—ืœื˜ื•ืช ืžื•ืฉื›ืœื•ืช ื•ืœื”ื‘ื ื” ืžืขืžื™ืงื” ืฉืœ ื”ืžื’ืžื•ืช ื‘ืฉื•ืง ื”ืื ืจื’ื™ื”.