People in Hong Kong create super chaebols

Chapter 528 Sold for nearly 50 billion US dollars

The two came to the negotiation area of ​​the office, and Li Yihui began to make tea.

After pouring a cup of tea for his boss and himself, Li Yihui went back to his desk again, took a document, returned to the negotiation area, handed the document to Su Cheng, and then said: "Boss, this is how to sell crude oil in the past few months. detailed data."

Su Cheng nodded, took the document, opened it and looked at it.

1.7 million barrels of crude oil were finally sold out after being sold for more than half a year.

"Of these 1.7 million barrels of crude oil, our refineries have used nearly 4000 million barrels, which means that the actual sales are about 1.3 million barrels." Li Yihui continued to explain.

These are what Su Cheng agreed to do with Li Yihui.

After all, compared to selling crude oil, you can actually make more money by refining crude oil into finished products and then selling them.

Therefore, in fact, the more the refinery recruits, the more money Sioux City will make.

In more than half a year, 1.3 million barrels of crude oil were sold, which is quite fast.

Su Cheng turned directly to the last page to check the total sales.

Total sales were US$49.86 billion.

Nearly $50 billion!
The average unit price of a barrel of crude oil is US$38.35.

The original purchase price in Sioux City was only around US$10.

In other words, Su Cheng made a lot of money from this operation.

This is much better than what was originally expected.

At the beginning, Sioux City estimated that it would be satisfied if it could double the profit. It would also be satisfied if it could earn US$20 billion after the entire batch.

At the beginning, this batch of crude oil only cost Sioux City US$18.59 billion. Adding import taxes, transportation fees, etc., the investment was less than US$20 billion.

Today, it has actually sold nearly 50 billion US dollars in revenue. This is the reason why only 1.3 million barrels were sold. There are still 4000 million barrels going to the refinery, which can earn more.

The refinery cooperates with the gas stations of Hutchison Petroleum Company. Basically, the oil refined is based on the sales estimates of Hutchison gas stations. In other words, these 4000 million barrels of oil will basically be Shipped to various Hutchison gas stations and sold out.

Unexpectedly, the average selling price could reach such a high level.

This kind of operation is unique in the world.

Since Sioux City knew that the exchange rate between US dollars and Hong Kong dollars would continue to rise, all transactions were settled in US dollars.

Except for the requisition of part of the funds sold by Sioux City when they first went to Beautiful Country, Sioux City has not used the funds to sell crude oil since then.

Now, these funds are lying in the bank.

These are cash, not assets!

Previously, crude oil was nothing more than cargo, but now it has finally been turned into cash. It can be said that you are safe.

"What's going on with the oil price? What's the oil price now?" Su Cheng put down the document and asked in surprise.

The average price per barrel was US$38.35, which was really beyond his imagination. After all, his initial plan was to accept an average price of US$20 per barrel.

Unexpectedly, the average price was almost US$40.

This is really beyond expectation.

"According to the latest price, the international crude oil price is now US$33.69 per barrel. This month, the price has been hovering between US$32 and US$34, which is very stable. At the highest point, the price once exceeded US$50 per barrel, which was in From December last year to January this year, we took the opportunity to ship a lot of goods, and now the price has dropped." Li Yihui replied.

According to the information he got from Xiao Ai, during the second world oil crisis in his previous life, the highest price of crude oil only soared to 41 US dollars per barrel. This would not happen until the end of 1980. But now, it is only March 1979. According to the price trend in the previous life, the current oil price should still be around 3 US dollars per barrel, because the Iran-Iraq War has not yet broken out. Wait a few months before the Iran-Iraq War breaks out. , the oil price will go up in a straight line, going straight to more than 20 US dollars a barrel.

After all, both Iran and Iran are major oil producers. A cutoff in oil supply to two countries would be much more serious than a cutoff in supply to one country in Persia.

But now, just the Persian Civil War has raised the price to the highest price reached during the second world oil crisis in the previous life.

It's messed up, everything is messed up.

Just because he bought crude oil aggressively before the crisis, the price of crude oil has deviated far from the price trend of the previous life.

This is really something Su Cheng unexpectedly encountered.

He, a little butterfly, flapped his wings and actually completely changed the direction of the world.

No matter what, these are only good for Su Cheng and have no harm, allowing him to earn so much.

Although, among the money, there is HK$50 billion borrowed from Huifeng Bank by Suzhou City.

However, among US$50 billion in sales, HK$50 billion is nothing.

At the current exchange rate, one U.S. dollar can be exchanged for 5 Hong Kong dollars.

When the repayment period comes, Sioux City can easily repay the HK$50 billion plus interest.

At the beginning, borrowing this money was really a good deal.

The price is just 5% interest.

The interest of HK$50 billion is only HK$2.5 million.

But Sioux City used this 50 billion Hong Kong dollars to make more than 100 billion Hong Kong dollars.

Calculated this way, HK$2.5 million is nothing at all.

There are still several months left before the one-year repayment period, so this matter is not urgent.

"The drop in oil prices means that the situation in Persia has stabilized?" Su Cheng asked.

During this period, he didn't pay much attention to oil prices and things in the Middle East, so he didn't know much about the situation there.

"It's considered stable. The King of Persia fled Persia in January, and his regime has been overthrown. After he left, all the symbols of the Pahlavi Dynasty were destroyed, and the opposition took over Persia. I heard that there Preparations are already underway to establish a republic next month.

Despite this, Persian oil is still in a state of stopping external sales. Because of this, the international crude oil price is still above 30 US dollars. However, as everyone is full of confidence in the future reduction of oil prices, it is difficult for the oil price to rise. It’s forty or fifty US dollars per barrel. According to the predictions of experts in the international oil industry, oil prices may fall to less than US$30 next month. When Persia completely stabilizes, it is not impossible for the price to fall back to more than ten US dollars per barrel. "Li Yihui said everything he knew.

Su Cheng nodded, disapproving of the predictions of these experts and simply ignored them.

Because he knows that next, the oil dealers in the beautiful country will start to cause trouble, causing the situation in Persia to stabilize and the oil price to be unable to fall.

And wait until next year, the Iran-Iraq war will break out, and by then, oil prices will rise even higher!

Due to the political turmoil, Persia's oil production dropped significantly. Under the slogan of "execute the beautiful country" by the new Persian regime, the relationship between Persia and the beautiful country began to deteriorate, and almost all the beautiful businessmen engaged in oil exploration and oil trade in Persia were expelled. Outbound.

The American oil companies then passed on the losses they suffered in Persia to the American people. Just like the first oil crisis, the American oil companies repeated their old tricks. First, they used the media to exaggerate the harm of Persian oil production cuts to the American people, and then Deliberately reducing the supply of oil on the American market, artificially creating an oil shortage, and then large and small oil companies crazily raising prices according to the uniformly agreed prices.

These are the reasons why oil prices cannot fall.

It's just that everyone doesn't know it yet and naively thinks that oil prices will fall soon. (End of chapter)

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