Extraordinary Genius

1910. Chapter 1910 crude oil rises in the interest of all

After discussing with Kirilenko the strategy of negotiating with BHP, Feng Yu took out L-PAD and looked at the recent crude oil futures market.

At this time, crude oil futures have risen to 60 US dollars, some investment institutions, began to deliver contracts, they all believe that the global financial situation is not very good at this time, far from returning to 07 years, so in order to be safe, at this price The contract is delivered to guarantee profits.

He Zhaoji After detailed analysis, they have the same view as Feng Yu. They believe that crude oil prices will continue to rise. The main reason is that the world’s major consortiums are working hard to raise crude oil prices.

On the other side of the country, because of shale oil, the production cost of shale oil at this time exceeds 60 US dollars per barrel. Now, at this price, they still lose money, of course not.

Although the country is a big importer of crude oil, those consortia can ignore this, they will only care for their own interests.

The consortium in Europe has many connections with the country. Of course, they also have shale oil investment. Of course, the price of crude oil continues to rise, which is also in their interest. They are also buying up.

The EU is also the main importer of crude oil, but what is the relationship with them? The price of oil is soaring ten times, they are equally able to get up.

The consortium in Japan also hopes that crude oil prices will rise, but they have less investment in this area. Japan is a big exporter of cars and is the best in the world.

They developed and manufactured many low fuel consumption vehicles, which is also the main positioning of their products. With this in mind, they can even compete with the top three cars in the North American market.

The higher the oil price, the better the door truck will sell. Although car sales have declined, demand has increased and has not decreased. Many people who bought a car will find that the fuel consumption of driving is also a small expense.

Such a low fuel consumption Japan car will stand out and be chosen by more people.

Last year, the sales of Japan cars fell more seriously. They even shut down two factories. However, seeing the rising crude oil prices, Japan’s auto companies have regained their confidence, and even Toyota has released its rumors. At the latest next year, they will become the world’s production and sales. The number one car company, in three years, let car’s annual production and sales have broken through 10 million units!

Of course, one thing that makes them so confident is that General Motors, which is the No. 1 production and sales company at this time, is not applying for bankruptcy protection. It is said that the Government of the United States is so overwhelmed that it plans to acquire the equity of General Motors and even intends to invest in state-owned assets. Holding, the same use must not go bankrupt.

Needless to say, OPEC members, the higher the price of crude oil, the better for them. The price of crude oil fell so badly that they could not meet the domestic demand, and even because the price of crude oil was too low, the United Arab Emirates had an economic crisis.

It is said that United Arab Emirates’ crude oil production is high, the population is not much, and there is no war, but their investment in crazy infrastructure, real estate, tourism and other related businesses makes their debts too high.

When the price of crude oil suddenly drops, they become unable to make ends meet, and the debt interest owed is getting higher and higher. It is also because they let the price of crude oil rise more slowly because they dare not cut production and are still trying to increase production. Otherwise, If you don’t get the government, it will go bankrupt.

Fortunately, other member states, under the leadership of Saudi Arabia, have restricted some of the production as much as possible, and then tried their best to raise the price of crude oil. If there is no profit in the exploitation of oil, the income of these countries will be sharply reduced. Arab Emirates is their foresight.

Feng Yu and Kirilenko They have reduced the risk reserve at this time because of the investment. Feng Yu acquired the British bank, invested in so many financial-related businesses in the country, and in order to acquire the Lito Group, they had previously acquired a lot of stocks at stockmarket, and now they are supervised in the account of their funds, they are in the crude oil futures. The investment on it has been very small.

However, Feng Yu is not investing in He Family or Zheng Family through Wind & Rain Consultation, etc. The profit is not low, and Feng Yu has a lot of money left, so he has been paying attention to it. .

“Feng, can this really rise to over $80? If it is too high, isn’t it easy?”

Kirilenko feels that if crude oil is always so ups and downs, then OPEC members must make some extreme measures, such as a month of non-oil production or something, or their status and interests will not be guaranteed.

Besides, those big consortiums will not be moving towards a goal, and they will not be able to form cohesiveness. Now many of the contracts have been delivered, including Feng Yu and his non-delivery.

“80 dollars is a line, crude oil may fluctuate around this line for a few months, but in the end it will certainly breakthrough. Because when crude oil is this price, OPEC members can make a lot of money, they can Using production cuts to stimulate crude oil prices continue to rise.”

“Although according to our news, shale oil will appear in large numbers this summer, but the price of crude oil is rising, which is also in line with the interests of the companies that produce shale oil. Moreover, OPEC organizations must talk to those countries that produce shale oil. Let’s talk about it, then use the limited production to threaten and finally reach equilibrium.”

“The price of crude oil will certainly break through a hundred dollars again, and China’s crude oil imports are still increasing, and it will gradually become the world’s first crude oil importer. This can be seen from the growth of car sales in our country, last year. The global car market has been hit hard, but our sales in China have risen against the trend.”

“Europe and the United States and other countries must also hope that the price of crude oil will rise, thus restraining the rapid development of China’s economy and allowing China to spend more. But in fact, China will not care too much about this because China also has shale oil technology. There are also many oil fields, and many oil fields have been invested in Africa.”

“Crude oil prices will rise, everyone will be affected, but this will have a greater impact on the more serious economic recession, then China will not stop. How, is it found that it seems that crude oil prices have risen, even in line with all major powers and consortia? interest?”

Kirilenko is a little bit circling, yeah, what about the swollen thing? Why is the price of crude oil rising, and it will be supported by all major powers and big consortia?

However, he still can’t think of how to refute Feng Yu, but he did not intend to refute. Although their investment in crude oil futures has decreased, they still retain a lot, and the price of crude oil is rising, which is also in their interest.

He wants the price of crude oil to grow soaring. After a while, his net worth will easily break through a 100 billion dollar. How wonderful it is!

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