Age of Dreams

Vol 2 Chapter 1624: Around oil

In the previous life, it reached the historical high of 100 US dollars on January 2, 2008, but in this life and this life, under the constant stirring of Xiao Qi, it has exceeded 100 US dollars on December 27, 2007. In the past few trading days, they have stood firmly above 100 US dollars.

At this time last year, the price of oil was around US$50. The price of oil has doubled in a year, which is jaw-dropping.

If we continue at this price, as long as the price of oil does not collapse, all oil-producing countries will make a huge profit this year!

Ok.

This is just a whim of people who don't understand the oil market.

Anyone who really understands the oil economy knows that allowing oil prices to skyrocket is a huge hidden danger for both oil-producing countries and companies that use petroleum products.

If people don't use oil because of the guarantee of oil prices, what use is it that you can't sell them at higher prices?

In the end, there is no way but to reduce the price, but this price reduction is beyond everyone’s control. It may directly cause a price avalanche. When the time comes, let alone 100, you must look forward to it. It is possible to stop the decline.

Otherwise, do you think OPEC is a fool. If they don't make money when they have money, they will cut production all day long?

That's because they want to maintain the long-term development of the oil market, rather than skyrocketing and falling in two days, otherwise the heart of the gods will not be able to bear it!

The same is true for companies that use petroleum products. If they buy high-priced petroleum and have not started how to use it, suddenly the price drops by 20% or 40%, and then others are fighting a price war with cheap petroleum products. The oil in your hand is ridiculously expensive, and you lose as much as you use it!

Among those unlucky companies, including China's three barrels of oil and airlines, and even some companies that are not in the oil industry, they have also been fooled into signing gambling agreements. In the end, there were no pants left.

Xiao Qi could only remind the biggest ones to save the wealth that belongs to all the people, that is, there is boundless merit.

For those who want to get rich and crazy, Xiao Qi can only pray for them. He doesn't know that for more than six months, he has been bragging about the oil rise theory in major European and American newspapers and magazines. Have they seen it? If they noticed it, it would have made a small profit recently.

In fact, Xiao Qi did not fight with the so-called experts once or twice in the oil field of Europe and the United States.

Although in the past six months, Xiao Qi has been ridiculed by them repeatedly that laymen commanded the insiders to come. But after the price of oil continued to soar, the voices of these experts became weaker and weaker, and in the end they could only look at Xiao Qi alone.

Taizu said that we must have the spirit to beat down dogs.

So just after the Golden Week holiday in January, Xiao Qi immediately stood up and spoke.

"I think the price of oil is far from where it should be! You think 100 US dollars is a high price, so you should be worried? Wrong! The oil price will definitely rise to 150 US dollars this year, which belongs to our high oil era. It's coming. No one can stop this!"

The boy’s remarks on Weibo were directly used by CNN and other super-large TV stations as the most important discussion item for the evening news of the financial channel. Countless experts jumped up and down, trying to eliminate this nonsense guy.

"It's ridiculous! Xiao Qi only won twice by fluke. What is there to be proud of? Couldn't he see that at the end of December, the oil price was almost impossible to reach 100? It has also been sideways in recent days. The shock proves that the market simply does not have the strength to accept such high prices!"

"I hate this kind of nouveau riche the most. He should focus on his own smart electronic market. Not the oil futures industry, which is full of variables! Even the big men like Buffett, Soros and Rogers dare not predict this way. He thinks he Who is it? The person who listens to him is the biggest fool!"

"Hehe, the U.S. economy is declining, and the European economy is also greatly implicated. Everyone knows that when the economic development is good. The price of oil will rise, but when the economic development gets worse, the price of oil will It will fall. This is caused by market rules. I think Mr. Xiao Qi is too smug this time."

"How is it possible? The economy has weakened to this point. Who can afford 100 US dollars a barrel of crude oil? With so many raw material costs, who else is willing to use it? U.S. current oil inventories are still enough to support a period of time. Time, once the U.S. oil inventories are gone, I believe that at such a high price, they will not dare to buy in large quantities! Only when the price of oil plummets, will everyone start buying!"

"..."

In response to these criticisms one after another, Xiao Qi simply said on his certified Weibo: "I bet that the price of oil will rise to US$150 before July 31 this year, and I will provide 20 billion. If you are interested in a US-dollar gambling fund, please contact me. You will only slap X, please shut up!"

All of a sudden, the clamoring experts converged a lot.

Because in Xiao Qi’s past two oil gambling bets, they have already slapped them in the face again and again, and even a little bit embarrassed are embarrassed to argue with Xiao Qi again on this matter, let alone Xiao Qi directly. Take out the gold and silver to bet.

The rich dare not make noise anymore, but reporters who have no money shuttled between the various funds and investment banks on Wall Street, starting various interviews and soliciting discord.

Merrill Lynch and Goldman Sachs, which have suffered many losses, the staff and senior officials all kept silent about this, and even cursed people directly when they were pressed urgently.

Citi, Lehman Brothers, Bear Stearns... Well, Bear Stearns doesn't need to ask anymore. The company that has collapsed is still one of the driving forces in the bet against Xiao Qi. If asked, it is possible to be beaten directly.

For the remaining Citigroup and Lehman Brothers, the top Lehman Brothers directly responded, saying that he would no longer be gambled, but would concentrate on his own work.

Citi’s answer is the same, but according to internal intelligence sources, those who squeezed out Xiao Qi’s family have long lost their important position because of this gambling, while the close Xiao Qi Asian family has won a big victory. Occupies an increasing advantage in the layer.

As for some other funds and companies, none of them dare to fight.

The reason is very simple. Xiao Qi's grasp of the oil market is so accurate, so accurate that makes people feel terrified!

Hundreds of experts are inferior to Xiao Qi's judgment on the market, making people feel as if he can see through the future!

To bet against such a foolproof person is simply too much money to spend!

Because of the celebrity effect, Wall Street’s expectations of soaring oil prices have increased because of Xiao Qi’s outrageous rhetoric.

As the saying goes, some are happy and some are sad.

The OPEC giants are naturally very frightened, but at the same time, some other companies are very happy.

For example, Rosneft, Lukoil and Surgut Petroleum, the three giants from Russia, have been very active on Wall Street recently.

why?

Of course, because of the skyrocketing oil prices, these people who make a living by selling crude oil and products have made a lot of money!

People's pursuit of money may still be limited, but for a profit-oriented company, the pursuit of money is absolutely endless!

The three companies that have earned at least US$3-10 billion in extra dollars, looking at the situation so good and the situation so favorable, of course, are like a chicken blood, the first idea is to expand!

Yes it is!

Taking advantage of this good market, the faster you expand production and the faster you sell oil, the more money you will make!

Even if the price of oil drops after a year and a half, then according to the current upward trend, I am afraid it will be around 80-100, even if it drops to 60, such prices are still making money!

So under the circumstance that OPEC may announce production cuts again, they feel that now is an opportunity for their own development.

It has been more than 16 years since the Soviet economy was directly destroyed, and the Russian economy has never recovered.

Do not!

To be precise, from the establishment to the collapse of the former Soviet Union, the economy was simply abnormal.

The Soviet Union's heavy industry is extremely developed, but their light industry and daily life industries are extremely lacking, which directly leads to people's low standard of living.

After the collapse, Russia is the same as them. Even after Putin came to power, it still relies heavily on the output of resource products. Among them, the output of natural gas and oil accounts for a large share of their foreign trade.

It is precisely because the energy economy is the lifeline of Russia’s foreign trade that they are so anxious to make more money. Fortunately, they can show their power in front of the people, and they also make the leaders above pay more attention to themselves-you read it right, Russia’s These oil giants, like China, are mostly state-owned.

If you want to expand production, the most important thing is of course money!

What is the most on Wall Street?

Money!

Therefore, Russian merchant brokers jumped on Wall Street~www.readwn.com~, hoping to borrow large sums of funds to get them back, and develop their own oil fields that can be exchanged for money!

But now is the time when Wall Street is in trouble, who can lend them how much money?

Even if Goldman Sachs, Morgan Stanley, Wells Fargo Bank, etc. borrowed money, they still fell far short of their expectations.

Under such circumstances, they found a super rich woman who is said to have more than 20 billion US dollars in cash in her hand.

That's right!

She is known as the first genius girl... Tang Mingxiang! (To be continued. If you like this work, you are welcome to come to the starting point () to vote recommended votes, monthly tickets, your support is my biggest motivation. Mobile users please go to read.)

PS: Thank you, Shalex, No Jitianjun, Tofu Killing People, Xue Erya, Dream Come True 88, Jia Shimei Eyes, Bailong Jianxian and other recent rewards from Xiongtai, thank you for your monthly subscription and praise! ! In addition, there is a disaster in Yunnan, pray for peace!

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