Chapter 1915

Name:Extraordinary Genius Author:穷四
After discussing with Kirilenko the strategy of negotiating with BHP, Feng Yu took out l-pad to see the latest crude oil futures market.

At this time, crude oil futures have risen to $60. Some investment institutions began to deliver contracts. They all thought that the global financial situation was not very good at this time, far from recovering to 2007. So for the sake of insurance, they delivered contracts at this price to ensure profits.

After detailed analysis, he Zhaoji and Feng Yu have the same view that crude oil prices will continue to rise. The main reason is that major consortiums around the world are trying to raise crude oil prices.

For the reason of shale oil in the United States, the cost of shale oil production at this time exceeds 60 US dollars per barrel. At this price, their production is still at a loss, of course not.

Although the U.S. is a big importer of crude oil, those consortiums don't care. They only care about their own interests.

The consortiums in Europe have a lot of connections with those in the United States. Of course, they also have shale oil investment. Of course, it's in their interest that crude oil prices continue to rise. They are also buying up.

The EU is also a major importer of crude oil, but what does it have to do with them? Oil prices have soared tenfold, and they can afford to drive.

The island's consortia also want the price of crude oil to rise, but they have less investment in it. Island country is a big country of automobile export, which is the top in the world.

They have developed and manufactured many cars with low fuel consumption, which is also the main orientation of their products. On this basis, they can even break their wrists with the three major American car companies in the North American market.

The higher the oil price, the better his car will sell. Although the sales volume of cars has declined, the demand is still increasing, not decreasing. And many people who buy a car will find that the fuel consumption of driving is not a small expense.

In this way, the island car with low fuel consumption will stand out and be chosen by more people.

Last year, the sales of the island car fell seriously, and even closed two factories. However, seeing the rising crude oil price, the island car companies regained confidence, and even Fantian made bold words. By next year at the latest, they will become the world's first car company in terms of production and sales. In three years, the annual sales of cars will exceed 10 million!

Of course, what makes them so confident is that at this time, the same use car with the largest production and sales volume is not applying for bankruptcy protection. It is said that the US government ax is so worried about this that it plans to acquire the shares of the same use car, or even plan to hold the state-owned shares. The same use car cannot go bankrupt.

OPEC members needless to say, the higher the price of crude oil, the better for them. The price of crude oil has fallen so badly that their desperate exploitation can not meet the domestic demand. Even because the price of crude oil is too low, the UAE has an economic crisis.

Generally speaking, the UAE has a high crude oil output, a small population and no wars, but their crazy investment in infrastructure, real estate, tourism and other related businesses makes them too indebted.

When the price of crude oil plummeted, they became unable to make ends meet, and the debt interest they owed became higher and higher. It was also because of them that the price of crude oil rose more slowly, because they dared not cut production without saying, and they were still trying to increase production, otherwise they would go bankrupt.

Fortunately, under the leadership of Saudi Arabia, other member countries have limited some production as much as possible, and then try to raise the price of crude oil. If the exploitation of oil is unprofitable, their incomes will be sharply reduced. If not, the UAE will be a good example for them.

Feng Yu and Kirilenko both reduced their risk reserves at this time because of investment. Feng Yu's acquisition of British banks, investment in so many financial related businesses in the United States, and in order to acquire Leto group, they had purchased a lot of shares in the stock market before, and now they put their funds in the account for supervision, and their investment in crude oil futures has been very small.

However, Feng Yu is still paying attention to the investment of his family and Zheng family through wind and rain consultation. The profit is not low. In addition, Feng Yu still has a lot of money left.

"Feng, can this really go up to more than 80 dollars? It's too high, isn't it? "

Kirilenko believes that if crude oil always goes up and down like this, OPEC member countries must take some extreme measures, such as fighting for the goal of not producing oil in a month, or their status and interests will not be guaranteed.

Besides, those big consortiums will not move towards one goal, which will not form a cohesive force. So many contracts have been settled now, including Feng Yu and his.

"Eighty dollars is a line. Crude oil may fluctuate for several months near this line, but it will break through eventually. Because when crude oil is this price, OPEC members can make a lot of money, and they can use production reduction to stimulate crude oil prices to continue to rise. "

"Although according to our information, shale oil will appear in large quantities this summer, the rise of crude oil price is also in the interest of those enterprises that produce shale oil. What's more, OPEC must talk to the countries that produce shale oil, and then use production restriction to threaten, and finally reach a balance. ""In this way, the price of crude oil will definitely exceed $100 again, and the import volume of crude oil in China is still increasing, and China will gradually become the country with the largest import volume of crude oil in the world, which can be seen from the growth of automobile sales in our country. Last year, the global automobile market has been hit hard, but the sales volume in China is rising against the trend."

"Europe, the United States and other countries certainly hope to let crude oil prices rise, so as to restrain the rapid development of China's economy and make China spend more money. But in fact, Huaxia doesn't care about this at all, because Huaxia has mastered shale oil technology, has many oilfields, and has invested in many oilfields in Africa. "

"Everyone will be affected by the rise of crude oil price, but it will have a greater impact on the United States, which has a more serious economic recession, so China will not stop it. How do you find that it seems that rising crude oil prices are in the interests of all major countries and consortiums? "

Kirilenko's got a bit of a ring. Yeah, is it swelling? Why is the rise of crude oil price supported by all major countries and consortiums?

He can't think of how to refute Feng Yu, but he doesn't intend to. Although their investment in crude oil futures has decreased, they still retain a lot. The rise of crude oil price is also in their interest.

He would like to see the price of crude oil soar. In such a period of time, his fortune will easily surpass 100 billion dollars. How wonderful!

……