Extraordinary Genius

After discussing the strategy with Kirilenko, Feng Yu pulled out the L-PAD and looked at the recent crude oil futures.

Crude oil futures have risen to sixty dollars at this time, and some investment agencies are beginning to close contracts, and they all believe that the global financial situation is not very good at this time, far from recovering to before '07, so for insurance purposes, contracts are closed at this level to secure profits.

After a detailed analysis, Ho Zhaoji shared Feng Yu's view that crude oil prices would continue to rise, most importantly because of the efforts of large consortia around the world to raise crude oil prices.

Because of shale oil, the cost of producing shale oil now exceeds 60 dollars per barrel, and at this price, they still lose, of course not.

Although the United States was a major crude oil importer, those consortia could ignore them and would only care for their own interests.

The consortium on the European side has a lot to do with the US side, of course they have shale oil investments, of course crude oil prices continue to rise, in their interest, they are also buying up.

The EU is also the main importer of crude oil, but what does it have to do with them? Oil prices have soared tenfold, and they can drive just as well.

Consortiums on the island side are also hoping for higher crude oil prices, although they have less investment in this area. Island countries are major automobile exporters and are among the best in the world.

They have developed and manufactured many low-fuel vehicles, which is also the main positioning of their products. With this, they can even wrestle with the three biggest car companies in the US in the North American market.

The higher the price, the better his truck will sell. While car sales have declined, demand is increasing and not decreasing. And a lot of people who buy cars will find that the fuel consumption that they usually drive is also a huge expense.

This way, low-fuel island cars will stand out and be chosen by more people.

Last year, the sales of ISL cars declined quite severely, even shutting down two factories, but seeing the price of crude oil continue to rise, ISL cars regain confidence, even the mad fields release a boast. By next year, they are going to be the world's number one car company, and within three years, they are going to have to exceed 10 million cars annually!

Of course, one more thing that makes them so confident is that at this time, the number one vehicle in production and sales is not applying for bankruptcy protection. It is said that the US government axe is coarse for this purpose, and plans to acquire shares in the same car, or even intend to state-owned holdings, so that the same use can never go bankrupt.

It goes without saying that the higher the price of crude oil, the better for them. The price of crude oil had fallen so badly that their desperate exploitation had not met domestic demand, even because the price of crude oil was too low, and the United Arab Emirates had experienced an economic crisis.

The UAE is said to have a high crude oil output, a small population and no fighting, but their insane investment in infrastructure, real estate, tourism and other related businesses makes them too indebted.

When crude oil prices plummet, they fall into disrepair and interest on debt becomes higher and higher, also because they have slowed the price of crude oil much slower, because they are afraid to cut production and are desperately increasing production, or else the axe will go bankrupt.

Fortunately, other Member States, led by Saudi Arabia, had limited production as much as possible and then tried to raise the price of crude oil. If oil was not exploited profitably, their revenues would fall sharply, perhaps the United Arab Emirates would be their forerunner.

Feng Yu and Kirilenko both reduced their risk reserves at this time because they invested. Feng Yu acquired UK banks, invested in so many financial-related businesses in the US, and in order to acquire Li Tuo Group, they had bought a lot of stocks in the stock market before, and now they have funds in their accounts regulated, they have invested very little in crude oil futures.

However, Feng Yu is still investing through wind and rain consultation, why are the family, Zheng Jia, etc., the profit here is also not low, plus Feng Yu himself still has a lot of money left, so he has been paying attention.

“Feng, can this really go up to over $80? It's not easy if you're too tall, is it? ”

Kirilenko felt that if crude oil was always so negligible, the OPEC member States would certainly have to put in place extreme measures, such as a month-long struggle against oil production or something, without which their status and interests would not be guaranteed.

Besides, the big syndicates will no longer aim to create cohesion. So many people's contracts have now been closed, including Feng Yu and his own.

“Eighty dollars is a line where crude oil may fluctuate for months, but it will definitely break through. Because when crude oil is at this price, OPEC members can make a lot of money, and they can use production cuts to stimulate the price of crude oil to continue to rise. ”

“While according to our sources, shale oil will appear in abundance this summer, higher crude oil prices are equally in the interest of those producing shale oil. Moreover, the OPEC must talk to those countries that produce shale oil, and then threaten it with production restrictions, ultimately striking a balance. ”

“Thus, the price of crude oil will surely exceed a hundred dollars again, and Huaxia's crude oil imports will continue to increase, gradually becoming the world's largest importer of crude oil, as can be seen from the growth in car sales in our country, which hit the global automotive market hard last year, but our sales in Huaxia have risen adversely. ”

“Countries such as Europe and the United States certainly hope to see crude oil prices rise, thereby curbing the rapid growth of the Huaxia economy and allowing Huaxia to spend more. But in fact, Huaxia doesn't give a shit, because Huaxia has mastered shale oil technology, has a lot of oil fields, and has invested a lot in Africa. ”

“The rise in crude oil prices will affect everyone, but it will not stop Huaxia if it affects the US more severely in the recession. What do you think, it seems to be in the interest of all the major Powers and consortia to see the price of crude oil rise? ”

Kirilenko's a little cloaked. Yeah, what's the matter? Why did the price of crude oil rise with the support of all the major Powers and consortia?

He had no idea how to rebut Feng Yu, but he had no intention of rebutting it. Although their investment in crude oil futures had decreased, it was still very much retained, and it was in their interest to see the price of crude oil rise.

He can't help but have a long crude oil price. After a while, his home will easily break 100 billion dollars. How wonderful!

……