After discussing with Kirilenko the strategy for negotiating with BHP, Feng Yu took out his l-pad and looked at the recent crude oil futures prices.
At this time, crude oil futures have risen to 60 US dollars, and some investment institutions have begun to deliver contracts. They all believe that the global financial situation is not very good at this time, and is far from returning to before 2007, so for the sake of insurance, at this price Just deliver the contract and guarantee profits.
After detailed analysis, He Zhaoji and others had the same view as Feng Yu, believing that crude oil prices will continue to rise. The main reason is that large financial groups around the world are working hard to increase crude oil prices.
In the United States, it is because of shale oil. The production cost of shale oil at this time is more than 60 US dollars per barrel. At this price, they are still losing money in production, of course not.
Although the United States is a major importer of crude oil, those consortiums do not care about this. They will only look after their own interests.
The European consortium has many connections with the United States. Of course, they also have investments in shale oil. Of course, it is in their interests that crude oil prices continue to rise, and they are also buying up.
The EU is also the main importer of crude oil, but what does it have to do with them? Even if gas prices soar tenfold, they can still afford to drive.
The consortium on the island country also hopes that crude oil prices will rise, but they have relatively little investment in this area. The island country is a major automobile exporter and is among the top in the world.
They have developed and manufactured many low-fuel-consumption vehicles, which is also the main positioning of their products. Relying on this, they can even compete with the three major American car companies in the North American market.
The higher the oil price, the better their cars will sell. Although car sales have declined, demand is still increasing and has not decreased. And many people who buy a car will find that the fuel consumption of daily driving is also a big expense.
In this way, island cars with low fuel consumption will stand out and be chosen by more people.
Last year, the sales of the island country's cars also declined severely, and two factories were even shut down. However, seeing the rising crude oil prices, the island country's car companies have regained their confidence, and even Kuangtian even made bold claims that they will become the world's largest car manufacturer by next year at the latest. The car company with the largest production and sales volume must have annual production and sales of cars exceed 10 million units within three years!
Of course, another thing that makes them so confident is that Tongyong Automobile, which has the largest production and sales volume, is applying for bankruptcy protection. It is said that the US government is very worried about this and plans to acquire the equity of Tongyong Automobile. Even if they plan to hold state-owned assets, Tongyong must not go bankrupt.
Needless to say, for OPEC member countries, the higher the price of crude oil, the better it is for them. The price of crude oil has fallen so miserably, and even though they are desperately mining, they cannot meet domestic demand. Even because the price of crude oil is too low, an economic crisis broke out in the United Arab Emirates.
It is said that the UAE has a high crude oil production, a small population, and no wars. However, their crazy investments in infrastructure, real estate, tourism and other related businesses have made their debt too high.
When the price of crude oil suddenly dropped, 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 rise in crude oil prices slowed down a lot, because they did not dare to reduce production, but were still working hard to increase production, otherwise If the government fails, it will go bankrupt.
Fortunately, other member countries, under the leadership of Saudi Arabia, have limited some production as much as possible, and then tried their best to raise the price of crude oil. If there is no profit in extracting oil, the income of these countries will drop sharply, which may not be good for the United Arab Emirates. This is a lesson for them.
Feng Yu and Kirilenko both reduced their risk reserves at this time because they had invested. Feng Yu acquired banks in the UK and invested in so many financial-related businesses in the United States. In order to acquire the Lituo Group, they had previously acquired a lot of stocks in the stock market, and now they have deposited the funds in accounts and been supervised. They are investing in crude oil futures. Investment in the industry has been very low.
However, isn't Feng Yu still investing through Feng Yu Consulting, etc., the He family, the Zheng family, etc. The profits are not low, and Feng Yu himself has a lot of money left, so he is still paying attention.
"Feng, can this really rise to more than eighty dollars? If it's too high, it won't be easy, right?"
Kirilenko feels that if crude oil always rises and falls like this, then OPEC member countries must take some extreme measures, such as not producing oil for a month or something, as a protest, otherwise their status and interests will not be guaranteed. .
Besides, those big consortiums will no longer be moving towards the same goal, so they will not be able to form cohesion. Now so many people's contracts have been delivered, including Feng Yu and him, who have also delivered a lot.
"Eighty dollars is a line. Crude oil may fluctuate around this line for a few months, but it will eventually 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 crude oil prices to continue to rise."
"Although according to our information, shale oil will appear in large quantities this summer, the rise in crude oil prices is also in the interests of companies that produce shale oil. What's more, the OPEC organization will definitely negotiate with those countries that produce shale oil. Talk, and then threaten to limit production, and finally reach a balance."
"In this way, the price of crude oil will definitely exceed one hundred US dollars again, and China's crude oil imports are still increasing, and it will gradually become the world's largest importer of crude oil. This can be seen from the growth of our country's car sales last year. The global automobile market has been hit hard, but our sales in China have bucked the trend and increased."
"Europe and the United States and other countries must also hope that the price of crude oil will rise, thereby inhibiting the rapid development of China's economy and allowing China to spend more money. But in fact, China does not care too much about this at all, because China has also mastered shale oil technology , also has many oil fields, and has invested in many oil fields in Africa."
"Everyone will be affected by the rise in crude oil prices, but it will have a greater impact on the United States, which has a severe economic recession, so China will not stop it. How about, have you discovered that the rise in crude oil prices seems to be in line with the expectations of all major countries and consortiums? Benefit?"
Kirilenko was a little confused, yes, what's going on? Why is the rise in crude oil prices supported by all major countries and consortiums
Unfortunately, he couldn't think of how to refute Feng Yu, but he didn't intend to refute it. Although their investment in crude oil futures had decreased, they still retained a lot. The rise in crude oil prices was also in their interests.
He hopes that the price of crude oil will skyrocket. If this happens for a while, his net worth will easily exceed 100 billion US dollars. How wonderful that would be!
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