Chapter 1730

The international economic situation is deteriorating, and the financial market is greatly affected. But at this time, the prices of energy futures, gold and other precious metals are rising.

The price of crude oil has risen to US $95 / barrel and is still rising today.

But at this time, many people began to be nervous again. Because the price of crude oil is about to touch the 100 Yuan line, which many people think is impossible to break.

How can crude oil break through the super high price of $100? Even if it's irrational speculation, those international financial speculators should leave.

Once this line breaks through, how much will be lost for many big crude oil importers. Can those big countries watch the irrational rise of crude oil prices?

But they ignored that in the late 1970s, crude oil also broke through the $100 line, and in terms of inflation rate, it was much higher than the current price.

When supply is less than demand, the price rise itself is normal. This year, the world's demand for crude oil itself has risen. Some OPEC member countries, like Iran, have cut their production of crude oil. Although Saudi Arabia has not announced such a leader, it is true that the supply of crude oil is in short supply.

Should we say that Huaxia has no oil field of its own? Yes, the reserves are not too bad.

But just as island countries do not exploit resources, many resources in China are also limited. Some resources are mainly imported. Domestic resources are mainly used to increase production when the prices of related resources are falsely high, so as to stabilize domestic prices.

In the future, China's crude oil import will leap to the first place in the world, squeezing the United States down because the demand is too large. At that time, what did Huaxia do?

Even if we set up a joint venture oil field abroad, that is, if you have oil, we will provide equipment to exploit it and then pay you back, for example, in Africa.

At this time, the crude oil import volume of the United States is still the first in the world. Because they have the largest amount of cars and the most fuel-efficient cars, many families have several cars.

The demand for crude oil is still growing, but some oil producing countries have started to reduce production. With the increase of large funds such as Feng Yu, the price of crude oil has broken through the $100 line. Feng Yu thinks it is possible to exceed 50%.

The reason that only 50% of them are possible is that international speculators like the Rothschild family may not continue to speculate with Feng Yu.

And Soros, who is also frying crude oil at this time, but they are also going to exit and enter the gold market.

When there is a large amount of money to exit, there are fewer people who follow the trend. How can the price push up?

But this possibility comes when OPEC announced that it would not cut production. Once OPEC announces the reduction of crude oil production, the price of crude oil will inevitably be pushed up again, even without the participation of those in Soros. International retail investors are a huge force.

Will OPEC announce a reduction in crude oil production? Feng Yu's answer is, definitely!

Because of what?

For OPEC, the main task is to exploit oil, that is to say, the oil originally stored underground. Drilling and extraction is enough.

But there is another way to get oil at this time, which is man-made oil.

The original man-made oil is to use coal extract to synthesize oil, or extract from asphalt oil sand to synthesize oil.

But now, the U.S. side plans to launch a new technology on a large scale, and is known as the mature technology, which is to convert the extract from oil shale into oil.

This method has not been taken seriously by OPEC before, but when the oil companies in the United States announced that they had mastered this mature technology, OPEC had to take it seriously.

Because the oil shale reserves in the United States, Canada, Australia, China, Congo, Brazil and other countries are relatively rich, and Russia and many other countries also have some reserves.

It can be found that the reserves of countries around the United States are very large. Once this technology is promoted, it will inevitably have a significant impact on the original crude oil price.

In addition, China and other major crude oil importing countries are also studying this technology, mainly through the cooperation of some crude oil companies, even including shell in Europe and so on.

OPEC has complained when these big energy consuming countries used natural gas to replace crude oil. But OPEC is also a big natural gas exporter, so it has not taken any drastic measures.

There are also many countries that use coal and other energy minerals to replace crude oil and other energy minerals, which will affect the interests of OPEC countries. And non OPEC oil producing countries, such as the United States, China, Russia, etc., also have a very large oil production.

OPEC oil producing countries have always wanted to consolidate and improve their status. At this time, the emergence of shale oil will seriously affect their status. How can they tolerate it?

The U.S. has always relied on Saudi Arabia for crude oil import. They are also worried that Saudi Arabia will use crude oil to influence their strategy, so they have long planned to renegotiate with Saudi Arabia and sign some more favorable contracts for the U.S.Saudi Arabia certainly won't do it. We didn't do anything, and there's no reason for your country to attack me. Although your army is strong in fact, Russia, China and other countries will never wait for you to bully us, so Saudi Arabia refused the request of the United States without hesitation.

At this time, the shale oil technology of the United States was released, and Saudi Arabia went to talk with the United States. Shale oil cannot be exploited and produced because it contains some harmful gases and is difficult to control.

But it's hard to control, not uncontrollable. The exploitation of oil may also pollute the environment.

How could the U.S. agree to Saudi Arabia's conditions? We have successfully researched this technology, and the cost of synthetic oil is not particularly high. Why not? If we don't, we'll lose all the investment before?

The U.S. disagrees, and China and other countries naturally ignore Saudi Arabia at all. If we don't produce this, we can. You can sell us oil cheaply, and Saudi Arabia can't promise.

Now the negotiation is still in progress, and the attitude of the US side is ambiguous, but Feng Yu is sure that the US side will never give up shale oil in the end. In order to teach the us a lesson, Saudi Arabia will inevitably lead OPEC oil producing countries to collectively announce the reduction of production, resulting in the fact that the crude oil production is greatly reduced.

In this way, the price of crude oil is bound to rise again. And the financial speculators who get the news will never let go of this good opportunity.

At that time, the price of crude oil will be unstoppable if it exceeds $100!

…… (to be continued. )