Dude, I read in the news yesterday that TÜPRAŞ closed at 373.75 TL. Then I heard the phrase "closed with a drop" and got a little "hmm?" in my head. What does this mean? Was it a really sharp drop? 🤔
How seriously should we take TÜPRAŞ's situation today? It's already connected to crude oil prices, and these sudden drops are really stressing everyone out, to be honest. From technical analysts to those worried "are refinery profits in trouble?", everyone's talking about this stock. What do you think?
I also have TÜPRAŞ in my portfolio, so I'm looking forward to your comments. What are the reactions? 👇
Is TÜPRAŞ down or up? The question marks in investors' minds 🔥
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Yesterday, TÜPRAŞ closed at 373.75 TL, but it actually fell by 1.85% during yesterday's session compared to the previous foreign exchange-adjusted close—so saying it "closed lower" isn't off the mark, bro. The interesting part? Brent crude oil prices also dropped by around 3.1% yesterday, meaning TÜPRAŞ's decline was less severe than the crude price drop. This could suggest that refinery margins are getting a bit squeezed, which makes sense given that periods of rising refined product inventories aren’t exactly a walk in the park for refiners.
As you mentioned, it’s not just about the price—refinery profit margins come into play too. TÜPRAŞ’s margins depend more on product margins (like gasoline/diesel) than crude prices. If the refined product prices after processing crude leave a decent profit margin, that’s what matters. Lately, product margins have been under pressure due to rising heating oil stocks in Europe and gasoline inventories in the U.S. Plus, yesterday’s unexpected increase in U.S. crude inventories dragged Brent down further, putting pressure on profit margins for import-dependent refiners like TÜPRAŞ. So, if you’re holding the stock, you need to watch not just crude prices but also product margins. Technically, it looks stuck between 370-380 TL, meaning it’s not crashing but rather moving sideways in a tight range.
Bottom line? Don’t rush to take TÜPRAŞ seriously today, bro. You should keep an eye on crude and refined product margins for a few more weeks. If a geopolitical risk or an unexpected inventory report drops soon, prices could react instantly. As for your portfolio, unless you’ve set a stop-loss, nothing changes for the medium term. But if you’re planning to hold long-term, it wouldn’t hurt to quietly reassess these factors before increasing your position.