Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in oicq.net -> Romance -> dream era

Text Chapter 1161 Oil War

Previous page        Return to Catalog        Next page

    Xiao Qi had no desire to take the opportunity to ask for something to happen with Li Zhenxi. Even if he knew that as long as he forced it, the beautiful young woman who was full of gratitude to him would not dare to refuse.

    "But Xiao Qi has enough beauties around him now, and it's really hard to handle it if he messes around with women.

    After all, the most important work of a young man is still going on.

    So after arranging a car, bodyguards and tour guide, and taking Li Zhenxi and her daughter to travel around Sichuan, Xiao Qi got back to work.

    The next day, July 31, the most active September oil futures contract in New York continued its rising momentum since June and July, directly reaching a record high of $78.21, and was about to break through.  The $80 barrier scared a group of investors to the point where their hearts almost jumped out of their chests.

    Especially the five major investment banks that were betting against Xiao Qi, they were almost scared to the point of peeing.

    There are still four months to go before December 31. If this trend continues, the futures price will reach $100, which will be just around the corner.

    Although the five major investment banks have deep pockets, this is not only about the $1 billion bet, it is also about their influence on the entire oil futures market.

    If Xiao Qi wins, then the boy who accurately predicted the price of oil futures twice with the power of the last bet will become a super giant in the oil futures market, and his words can cause violent shocks in the oil futures market.  , oil prices will also be affected by Xiao Qi.

    ¡°If their five major investment banks succeed, they will not only consolidate their original position in the oil futures market, but also directly suppress this hateful guy Xiao Qi, so that he will never even think about entering the oil futures market again in his life.

    The profits in the oil futures market are really huge, not only the profits from spot trading, but also the profits from speculation in the futures market, which exceed hundreds of billions of dollars every year.

    Such huge profits have long been monopolized by European and American oil companies, the world's major investment banks, and fund companies. They will never allow another unknown factor to be added to the mix, especially since Xiao Qi is from China - the world's largest oil company.  The country that is the biggest culprit in the market cannot afford to have a single talent wipe out everyone¡¯s profits.

    In fact, Xiao Qi certainly didn¡¯t just oppose them on the oil bet.

    Because of Uncle Niu¡¯s relationship and Cao Zhichong¡¯s relationship, Xiao Qi began to guide them to purchase oil in March this year.

    Those so-called experts in the Chinese oil system should all be thrown in jail for "malfeasance in duty."

    ???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? It is found that they made the most wrong buying and selling decisions at the wrong time, and at the wrong time.

    They hoarded a large amount of oil when oil prices were at their highest, and then after the oil price plummeted, they suffered huge losses of tens of billions.

    "Then these people were deceived into signing a so-called "hedging" oil betting agreement, and lost so much that they lost their pants, causing greater losses to the country and the people.

    After being deceived and deceived abroad, they were shameless and could only recover their losses from the people at home and significantly increased the price of oil.

    This is the most important reason why the price of oil has dropped to US$60 per barrel, and the price of our domestic refined oil is actually higher than when it was US$140!

    Of course Xiao Qi would not allow this to happen a second time.

    Therefore, PetroChina took the lead in starting to stockpile oil on a large scale in March, when crude oil price per barrel was US$56. So far, it has stockpiled more than 150 million barrels of crude oil.

    After Niu Ru asked Xiao Qi, he confirmed that Xiao Qi was confident in judging the large-scale rise in oil, and immediately ordered several airlines such as Sinopec, CNOOC, and China National Aviation Oil to also buy together with PetroChina.

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

    ???????? Niu Ruzheng is also very courageous. After knowing that Xiao Qi has the talent of "the wise man of the country" in the previous experiments, he decided to believe in him this time.

    Although many experts at home and abroad are clamoring that the economic downturn will definitely mean that the price of oil will continue to fall. You cannot buy it at this time, but you should hold the currency and wait and see, or hedging, Niu Ruzheng still withstood a lot of pressure.  , firmly believe in Xiao Qi.

    Because from the experience of the past ten years, Niu Ruzheng knows that it is okay for these experts to just talk, but if they are really asked to fight in the market, they will definitely collapse under the huge pressure before long - there is no point in talking anyway.  Pay the price, right?  Zhao Kuo, an armchair strategist, has existed since ancient times.

    Things were just as Xiao Qi expected. Although oil prices were trading sideways for a time, after June??No matter how weak the current economy is, oil prices continue to rise, with no signs of decreasing at all.

    Some sour economists in the country suddenly changed their tune and praised Niu Ruzheng for his wise decision-making. These huge purchases of storage will definitely bring huge benefits to China's oil industry.

    Xiao Qi felt a little funny in his heart.

    Although oil prices are about to exceed 80 US dollars now, the upcoming enhanced version of the subprime mortgage crisis will definitely cause oil to decline for another month, and it will not rise steadily again until mid-September.

    When the decline comes in August, I wonder if they will immediately change their tone and ridicule Niu Ruzheng and Xiao Qi?

    And what will happen to them when they rise in September?

    In the midst of ups and downs, this kind of comment about a complete loss of moral integrity will obviously make them lose face, right?

    All right.

    Those are all small things.

    Niu Ruzheng, who is about to be promoted to a member of the Political Bureau of the Central Committee of the Communist Party of China, is more worried about another thing recently.

    That is the subprime mortgage crisis that is already sitting on a lit barrel of dynamite.

    From a macroeconomic perspective, it is absolutely impossible for China¡¯s economy to exist in isolation from 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 we have to make some preparations in advance.

    Niu Ruzheng has recently convened several discussions with economists. Unfortunately, he was not so satisfied with the conclusions. Therefore, he thought of his talented young think tank and hoped to ask Xiao Qi to take the time to go to the capital in the next few days.

    When Uncle Niu spoke, Xiao Qi naturally wanted to give him face.

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

    Fortunately, the Fairy Company is on the right track. It doesn¡¯t seem to matter whether the small boss who controls the overall situation is in Chengdu or not.  (To be continued. Please search Piaotian Literature, the novels will be better and updated faster!)
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report