Age of Dreams

Vol 2 Chapter 1161: Oil war

Chapter 161 The Oil War

   Xiao Qi didn't take the opportunity to ask for something to happen with Li Zhenxi. Hope, even if he knows that as long as he is forced to ask, he dare not refuse the beauty, children and women who are full of gratitude to him.

   But Xiao Qi has enough beauties next to him now, and it is really too much to deal with the flowers and grass.

   After all, the most important job for young people is still going on.

   So I arranged a car, bodyguards and tour guides, and after taking Li Zhenxi's mother and daughter to travel around Shuchuan, Xiao Qi went back to work.

On the second day, July 31, the most active September oil futures contract in New York, the United States, continued its upward momentum since June and July, and reached a record high of $78.21, which is about to break through. The 80-dollar barrier scared a group of investors almost out of their hearts.

  Especially the five major investment banks that bet against Xiao Qi, almost scared to pee.

   There are still four months left until December 31. If this trend continues and the futures price reaches 100 US dollars, it is just around the corner.

   Although the five major investment banks have strong financial resources, this is not only related to the 1 billion dollar bet, but also related to everyone's influence on the entire oil futures market.

If Xiao Qi wins, then with the prestige of the last gambling, the teenager who accurately predicted the price of oil futures both times will become a super giant in the oil futures market, and a single word can cause a violent shock in the oil futures market , Oil prices will also be affected by Xiao Qi.

   If their five major investment banks win, then no

   But he consolidated his original position in the oil futures market, and directly suppressed Xiao Qi, this abominable guy, so that he would never want to enter the oil futures market for the rest of his life.

   The profits of the oil futures market are really too great. Not only profits from spot trading, but also profits from futures market speculation, exceed hundreds of billions of dollars each year.

Such a huge profit has long been monopolized by oil companies in Europe and the United States, major investment banks, and fund companies in the world. They will never allow another unknown factor to be added, especially if Xiao Qi is a Chinese person-the world oil. The country that is the most plagued by the market cannot produce a single talent to wipe out everyone's profits.

   In fact, Xiao Qi is certainly not just against them on the oil gambling.

   Due to the relationship between Uncle Niu and Cao Zhichong, Xiao Qi began to guide them to buy oil in March this year.

   The so-called experts in the China Petroleum System should all be sent to prison for "dereliction of duty."

  Because of the oil trading in the past few years, they all made the most wrong trading decision during the most wrong time period.

   They hoarded a large amount of oil when the oil price was the highest, and then after the oil plummeted, they suddenly lost tens of billions of dollars.

   Then these people were fooled again, signed the so-called "hedging" oil betting agreement, and lost even the pants, causing greater losses to the country and the people.

   After being deceived abroad, the shameless people can only recover their losses from the people in China, and they do not know the so-called increase in oil prices drastically.

   This is the most important reason why the price of oil has dropped to US$60 per barrel. The price of our domestic refined oil products is actually higher than that of US$140!

   Xiao Qi certainly would not allow such a thing to happen a second time.

   Therefore, PetroChina took the lead in hoarding oil on a large scale when it was 56 US dollars per barrel of crude oil in March. So far, it has accumulated more than 150 million barrels of crude oil.

   After asking Xiao Qi, Niu Ru determined that Xiao Qi was confident of judging a large-scale increase in oil, and immediately ordered several airlines, including Sinopec, CNOOC, and China Aviation Oil, to also buy with CNPC.

   They also bought a total of about 400 million barrels and stored them in storage bases such as Liancheng, Jichun, and Qindao.

   To say that Niu Ruzheng is also courageous enough, after knowing that Xiao Qi has the talent of "the brain of the country" in the previous several experiments, this time he also decided to trust him.

Although many experts at home and abroad are clamoring that the economic downturn definitely represents the continuous decline in oil prices, it is not possible to buy at this time, and it is time to hold money and wait and see, or hedging, but Niu Ruzheng has withstood a lot of pressure. , I firmly believe in Xiao Qi.

Because from the experience of the past ten years, Niu Ruzheng knows that this group of experts is okay to talk about it, really want to ask them to go to the market to fight, and it will not be long before they collapse under huge pressure-anyway, talk and don’t want to. Pay the price, right? Zhao Kuo, who talks about soldiers on paper, has existed since ancient times.

Things are the same as Xiao Qi expected. Although oil prices were trading sideways for a time, once June, no matter how weak the current economy is, oil prices will keep going up anyway. There is no sign of degradation.

   Some sour domestic economists suddenly changed their tone and praised Niu Ruzheng for his wise decision-making. These huge amounts of purchase and storage will surely bring huge benefits to China's oil industry.

   Xiao Qi felt a little funny in his heart.

   Don’t look at it now that the price of oil is about to exceed US$80, but the upcoming enhanced subprime mortgage crisis will definitely make oil fall again for a month, and it will not rise steadily until mid-September.

   When it fell in August, I wonder if they will immediately change their tone~www.readwn.com~ satirizing Niu Ruzheng and Xiao Qi?

   And when it rises in September, what will happen to them?

   Amidst the ups and downs, this kind of comment of complete loss of integrity will obviously embarrass them?

Ok.

   Those are all trivial things.

   Niu Ruzheng, who is about to be promoted to the Central Committee of the Central Government, and a member of the Governance Bureau, has been more worried about another matter recently.

   That was the subprime mortgage crisis already sitting on the lit explosive barrel.

  From a macroeconomic perspective, China’s economy is absolutely impossible to exist without the world.

  Although the subprime mortgage crisis is a matter of the United States, in this era of global economic integration, the outbreak of the economic crisis in the United States is likely to affect China's export trade, so some preparations have to be made in advance.

  Niu Ruzheng recently convened several discussions with economists in a row, but he was not so satisfied with the conclusions he got. Therefore, he thought of his talented youth think tank, hoping to ask Xiao Qi to take the time to visit the capital in the last few days.

   Uncle Niu said, Xiao Qi naturally wanted to save face.

   So in the past few days, Xiao Qi has been arranging the work schedule for the last half month.

   Fortunately, the Fairy Company is already on the right track. Whether the small boss in charge of the overall situation is in Chengdu or not, it seems that it doesn't matter much. ((To be continued, "This text is provided by the Breaking Dawn Update Team@Mayu樱花". If you like this work, you are welcome to (m) to vote for a recommendation and a monthly pass. Your support is my biggest motivation.))

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