OPEC announced a collective production cut, which exceeded most people's expectations.
Of course, Feng Yu had known for a long time that this kind of thing would happen, and major countries such as the United States and China also analyzed this possibility through some political trends, but he did not expect it to be so fast.
As soon as this news came out, the price of crude oil immediately stopped falling, and then began to rise crazily, returning to a high of $95 that day.
Kirilenko was scolding the agents at this time: "Have you seen this news? You all know what this means, right? You are all professionals, who can explain it to me?"
Everyone was silent. They never expected that OPEC would announce a collective production reduction for all member countries!
Why hasn't there been any movement on such a big thing before
When Iran announced a production cut, Saudi Arabia and other countries were silent. They even said whether the reduction in crude oil production was related to the national economy.
How long has it been since then? Why did you suddenly take the lead in cutting production? There was no warning.
"You are all experts in the financial field, and some of you are also university professors. You are very good in your professional fields, and some of you still have your own arrogance. This is understandable."
"But you must also be able to listen to suggestions and opinions, and don't be too conceited! Don't think that everyone else is worth mentioning except you. Are you the only ones who dare to question Feng's decision?"
"What I told you at the beginning, Feng personally assured me that the price of crude oil will rise by more than one hundred US dollars, or even more than one hundred and twenty US dollars, and one hundred and forty US dollars is also possible."
"What about you, what was the expression on your face when you heard these words? You didn't say anything, but you questioned Feng's words in your heart, right? Do many of you still think that Feng became the richest man in the world because of his good luck? ?”
"What now? Do you still think that way? Who else thinks that the price of crude oil cannot break through the $100 line?"
After saying this, no one dared to challenge him.
OPEC announced a crude oil production cut, so based on a simple supply and demand relationship, crude oil prices will also rise. Not to mention, after this news comes out, many financial groups will definitely pounce on him like a cat that smells fishy smell.
Let alone crude oil prices exceeding 100 US dollars, even if it reaches 120 US dollars, there is a high possibility, depending on when OPEC resumes normal production.
As for Kirilenko, Feng Yu analyzed that crude oil prices may even exceed the $140 line. Although they are still skeptical about this, they dare not make any further comments.
Feng Yu's reputation as the God of Finance is truly well-deserved. Did you analyze this result a year ago
They have also understood the specific reason, which is that the shale oil produced by the United States has harmed OPEC's interests. This shale oil technology has been talked about for several years, but no one has taken it seriously.
Even when the United States announced a major breakthrough in technology some time ago, they did not expect this. From this point of view, their analytical capabilities are far inferior to Feng Yu.
After Kirilenko reprimanded his subordinates, he gave them some comfort. After all, these people were relatively easy to command, and they could not be replaced at this time.
"In any case, our profits in the financial market this year will definitely not be low. When the New Year comes, each of you will get an extra check, so that you can buy some nice New Year gifts for your family."
"Now, according to Feng's instructions, hedging contracts can be reduced, and the rise in crude oil has become unstoppable!"
…
"Boss, have you read today's international news?" Zhuken Miller asked.
Soros looked very unhappy. He believed that crude oil would not continue to rise, but should continue to fluctuate in the range of US$90 to US$100.
Although their strength is enough to ensure that they can make money, they will definitely have to do a lot of hedging and the profits will not be too high. But gold is different. It will definitely continue to rise amidst fluctuations. There is no suspense about the price of gold rising by fifty dollars, and it may even rise by more.
But at this time, the OPEC organization actually announced a collective production reduction!
How can they announce a production cut? How can the United States, China, Japan, etc. agree to their production cut? Isn’t OPEC worried about the economic sanctions imposed by these big countries
In Soros's view, these major crude oil importing countries can accept a certain increase in crude oil prices, but they cannot exceed a baseline. At first, many people thought that eighty dollars was the baseline, but later they all thought that one hundred dollars was the baseline.
However, no one believes that the price of crude oil may exceed one hundred US dollars. Many people even firmly believe that within three months, crude oil will fall back to below eighty US dollars, and those big countries will definitely intervene in the market.
But before those big countries intervened in the market, OPEC made a big move. This was like a shot in the arm for the crude oil futures market!
Now even people who are not involved in finance know that crude oil is going to rise.
And they don’t know when the crude oil production cuts organized by OPEC will end. As long as this does not end, the price of crude oil will not stop rising.
He also knows the reason why OPEC announced the production cut this time, and it is to fight against American shale oil.
Now the pressure is entirely on the side of the United States, and the United States also has to bear the pressure from other countries such as China and Japan. At this time, the U.S. economy is in need of help from other major economic countries. If this incident suddenly occurs, the U.S. economy will inevitably deteriorate further.
In fact, this is also a good opportunity. Soros quickly analyzed that the financial market in the United States may collapse, and the U.S. dollar, stocks, funds, bonds and even futures markets will all experience a comprehensive decline.
At this time, his three-dimensional investment method is most suitable. If this happens in other countries, he is guaranteed to make a fortune.
But he is an American. If he takes the lead in doing this, life will be difficult.
Seeing a good opportunity to make money, he couldn't miss it, so he thought of some countries with close economic ties with the United States, such as the United Kingdom or island countries.
The financial market there also maintains an open policy, which will be of great help to his operations.
But that was a matter of time, and now he faces two choices: continue investing in gold futures, or go back to investing in crude oil futures.
If it is for the sake of face, then there is nothing wrong with sticking to gold futures. But obviously, the profit of crude oil futures may be higher, and the increase may exceed 20%, or even reach 40%. If leverage is used, he may be able to more than double the profit!
Soros ordered: "Zhuken, adjust our investment ratio, increase the amount of investment in crude oil, and reduce investment in gold, stocks, etc. Let people pay attention to the financial market of the island country. Our next step is to go there and make a fortune!"
… (To be continued.)