Age of Dreams

Vol 2 Chapter 1192: The beginning of the oil price crash?

 

   came to pick up Xiao Qi’s car, this time it was replaced by a CNPC Capital Branch car.

 

The queen sister is now in Lin'an and started filming "If You Are the One 2", although the location is still selected in the summer, which corresponds to the cold Hokkaido in the first episode, but the script is much better than the rough fabrication of the second episode in the previous life. , Xiao Qi read the script and felt that the quality was not lower than the first episode.

 

   The second sequel of "Palace Lock Heart Jade", "Palace Lock Bead Curtain", is also beginning to be filmed intensely. In addition, the fashion icon drama "Marriage Defense War" is also under preparation.

 

For a small film and television company as small as Kiwi, it is really struggling to do two TV series and one movie at the same time. If it were not for the secondment of a lot of manpower from Baoyu, I am afraid it would just collapse. .

 

  Rao is so, Xiao Jiawei, Zhu Hong and others are also very busy.

 

   Relatively speaking, the boss, Miss Qiao Guoer, is an optimistic personality. After handing over the matter to someone she trusts, she becomes a big shopkeeper, which is naturally much easier.

 

   When Xiao Qi came to the capital this time, he naturally called her in advance. The beautiful and charming girl is not the woman who can't live without seeing her boyfriend for three days. There is no special regret.

 

   Jiang Dahai used a total of five cars, all of them Mercedes-Benz commercial vehicles. The cars Xiao Qi and Tang Mingxiang were in were in the middle of the convoy. Opposite the seat was a fat middle-aged man with a sad face.

 

   "Mr. Jiang, aren't you going to be the general manager in another place? Why do you look sad when you win? Did you send you to Huozhou?" Xiao Qi asked jokingly.

 

  As soon as he got on the car, Jiang Datao had deliberately been so angry, naturally, he had full of words to talk to Xiao Qi.

 

   Now when Xiao Qi mentioned the conversation, President Jiang naturally said with a wry smile: "Scared Shao, I don't believe you are not nervous, but you have placed 5 billion U.S. dollars in gambling chips!"

 

   "5 billion US dollars?" Xiao Qi pondered for a moment, and suddenly realized: "You are talking about oil futures!"

 

   Jiang Dahai's eyes are almost staring out: "Don't say you don't know!"

 

   "What do you know?" Xiao Qi asked rhetorically.

 

"A few days ago it was about to break through the US dollar per barrel, but after entering August, the price began to fall. In the past two days, it dropped by as much as 2 US dollars. Our entire CNPC is panicked!" Jiang Dahai Staring at Xiao Qi, "Kid Young, what have you been up to lately? Are you nervous about such a big thing?"

 

   "Oh, this, I know." Xiao Qi nodded, "It doesn't matter if it has risen for so long, and it has fallen a little bit. Why should you be nervous?"

 

"However, since the president of Bear Stearns resigned a few days ago and the U.S. Real Estate Investment Trust Co., the U.S. Home Mortgage Corporation announced bankruptcy protection, the financial situation in the United States is now tense. Where can we hold it?” Jiang Dahai almost cried, “It’s so rare, if the price of oil drops so rapidly, we will have a huge loss for the four-to-two barrels of oil we bought! How can Cao Dong be able to hold it by then? live?"

 

   The purchase trajectory of PetroChina is based on discussions between Xiao Qi and Cao Zhichong.

 

   From the month to the present, they bought a total of more than 1.2 billion barrels of oil, purchased by spot and futures. Now it has been stored in coastal cities or is being shipped one after another.

 

"A barrel of crude oil is usually more than 150 kilograms, and the average barrel is a ton in weight. More than 1.2 billion barrels is about 170 million tons. Calculated at an average price of 62 US dollars per barrel, the purchase price of PetroChina is 75 billion US dollars, plus transportation. The cost of storage can directly exceed 78 billion U.S. dollars, accounting for almost all of PetroChina’s cash flow, and even borrowing 20 to 30 billion U.S. dollars from the National Development Bank is enough.

 

Not only PetroChina. In the past few months, the three giants, Sinopec, CNOOC, and China Aviation Oil, have bought more than 2.7 billion barrels of oil. The four companies have 40 barrels in total, which is 57.2 billion tons of terrorist stocks. .

 

  In the field of oil circulation, PetroChina, Sinopec, and CNOOC are the Big Three. However, if the consumption field is added, AVIC Oil, which supplies 80% of aviation fuel, is also a big oil swallower. So Niu Ruzheng asked them to join in:

 

   At the beginning, everyone was very careful, but since the beginning of the month, after the rising oil price, the three giants also accelerated the pace of buying oil. The super inventory of more than 100 million barrels is also something they have not experienced.

 

   You must know that at the time of Kuang Nai Nian, China's total oil consumption was only 1 ton, of which its own crude oil still accounted for the touch, that is, only 128 million tons were imported last year.

 

  According to the current inventory of 572 million tons, no matter how economic growth is, there is no problem in two to three years.

 

  If oil prices really keep rising, then China’s oil industry will be making a lot of money in this rising crisis, and all those who implement this plan will get rich returns.

 

   But if the subprime mortgage crisis is really serious and the price of oil suddenly turns down, then it is undoubtedly a huge disaster.

 

   Seeing that the next mortgage crisis is a foregone conclusion, in the financial crisis ~www.readwn.com~ because of the decline in demand. The price of oil will continue to fall. This is the same law as iron. In many people’s eyes, the current price drop is the beginning of the crash.

 

  Once it crashes, the damage to China's oil industry is absolutely catastrophic!

 

Involving tens of billions of dollars in losses and decision-making mistakes, let alone the giants of the oil industry, even Niu Ruzheng has to bear big ties, and it is unlikely that he will retreat to the second line, but next year’s position as prime minister will be a bit dangerous. Up:

 

If you really get there, Cao Zhichong, who is the most active in hoarding oil, is definitely the biggest scapegoat, and he will definitely be slapped to the end. Like the general manager of China Aviation Oil who was sentenced in Singapore, he spent more than a few years in jail. It is not unimaginable that CAO only lost 550 million US dollars that time. Now Cao Zhichong is facing a huge danger of tens of billions of US dollars! !

 

  Jiang Dahai is Cao Zhichong’s absolute confidant. If Cao Zhichong collapses, Jiang Dahai also collapses. Not to mention being placed in a prosperous province as the top leader, it is safe to retreat to the second line, I am afraid it will be a problem:

 

  Being able to ascend the position of CNPC chairman, Cao Zhichong naturally has the mind, and he can still be stable. But Jiang Dahai was a little unstable.

 

   There is no other reason. The amount involved this time is really too big, and it will help more than 570 billion yuan. Once the crash loses, no company can bear it! (To be continued [this text is provided by the Xiaoxiao update team@swds路顺风]. If you like this work, you are welcome to (m) vote for recommendation and monthly pass. Your support is my biggest motivation. Mobile users please Read to m.)

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