MTL - Reborn Capital Tycoon-Chapter 150 rising oil prize

  Chapter 150 Rising Oil Prices

  In the past, people always thought that only when super giants like the United States and polar bears sneezed, the world would cough twice.

  However, no one thought that the solidarity of the soil turtles in the nest in the Middle East could also trigger a global pandemic.

  With the complete oil embargo in the Middle East oil-producing countries, the global oil market has lost the supply of oil from the Middle East, resulting in a gap of up to 5 million barrels of oil per day.

Such a large-scale gap caused the price of oil to soar, from less than three dollars per barrel at the beginning. In November, the global oil price has risen to six or seven dollars per barrel. In less than a month, the global oil price has doubled More than double.

  Due to soaring oil prices, many gas stations in developed countries in Europe and the United States have long queues of cars, and the oil reserves of various countries have fallen sharply, especially in Europe and island countries.

  Europe and island countries rely on imports for more than 80% of their annual oil consumption, and the source of imports is mainly from the Middle East.

  So, with the opening of the oil embargo by a number of oil-producing countries in the Middle East, European countries can be said to be devastated, and the blows they have received far exceed that of the United States.

  Although the United States also imports oil from the Middle East, it does not mean that the United States cannot live without the oil from the Middle East.

  Different from Europe and island countries, the United States has many large oil fields. Although the output of these oil fields is not enough to meet the overall needs of the United States, it will not be choked like Europe and island countries.

  Europe and the island countries are also aware of this, so they can follow behind the United States in a short period of time to exert pressure on the countries in the Middle East, but once it takes a long time, they can only compromise with the countries in the Middle East.

When everyone was crying for the price increase of oil, our boss Chen got his wish and lived a comfortable life. He no longer had to sit on the sofa and smoke cigarettes one after another, and replaced it with big white milk flavored melon seeds .

  The 200 million Hong Kong dollars he invested in the stock market before, has earned more than one billion Hong Kong dollars as the oil price rises. As long as the oil price continues to rise, his income will increase.

No wonder everyone likes to make money from the stock market. This money comes too easily and too fast. According to the current increase method, his assets will increase by ten times at the end of the year at most. By then, he will have a large amount of liquid cash. It will be possible to buy bottoms in various industries next year.

  Chen Yi couldn't help being excited when he thought of the Hong Kong stock market that had gone through two blows, the Hang Seng Index plummeted by 90%, the stock prices of major listed companies were still falling, and the market value was even lower.

  Crisis Crisis, the most dangerous time, is often accompanied by the greatest opportunity. In the previous life, Li Chaoren and many other Chinese-funded tycoons relied on crisis after crisis to successfully replace the old family.

   This time, he will use the large sum of money he obtained from the stock market to lay a solid foundation for his future business empire.

"Chen Sheng, there is news from the island country that the price of oil on the Tokyo Exchange has risen to $8 a barrel. Now some companies from the island country have contacted us. They are willing to raise the price to $9 a barrel to buy the oil in Chen Sheng's hands. goods."

  Chen Yi put down the newspaper in his hand, looked up at the trader arranged for him by HSBC, and asked casually, "How long will the stock exchange in Tokyo be closed?"

  The trader heard the words, glanced at Chen Yi, and then replied with a bit of respect on his face, "There is still about half an hour."

  Chen Yi nodded and said: "I see, keep watching, I'll have someone prepare a big meal for you in a while."

   "Then" the trader looked at Big Boss Chen with some hesitation.

  Seeing this, Chen Yi asked with a smile, "According to the current rising trend of oil prices, how long will it take to rise to $9 a barrel?"

  The trader finished the calculation silently in his heart, and finally said seriously: "One week at most, but according to the situation in the island country, I think it should be about three days."

  As the world's second largest economy, the island country's industrial development is second only to the United States, so the daily oil consumption of the island country can be described as astronomical.

  Although island countries are used to hoarding more resources because of the lack of various resources, no matter how much they store, they cannot withstand huge consumption for a long time.

  So, compared with other countries, island countries are under more pressure, and oil prices are rising faster and higher.

   After listening to it, Chen Yi immediately asked: "Since it can rise to $9 a barrel in three days, what do we care about it?"

   "Send a message to Tokyo, saying that the oil price has not reached twelve dollars a barrel, so ignore those island companies."

  The 'twelve dollars' trader showed a look of astonishment, obviously surprised by Chen Yi's words.

Now that the price is nine dollars a barrel, the price has doubled, and twelve dollars is four times. Although a little unbelievable, the trader still didn't talk too much, and returned to his position honestly, and explained the orders of Boss Chen. .

  In order to ensure the greatest degree of confidentiality, the few of them who were arranged to come here not only signed a non-disclosure agreement each, but also were monitored by bodyguards arranged by Chen Yi 24 hours a day.

  Before the oil crisis broke out, Chen Yi did not restrict their freedom, but after the oil crisis broke out and the price of oil soared, Chen Yi immediately restricted their freedom.

  Food and drink, live in a five-star hotel, and eat the most expensive and best work meals, these days, until the end of this transaction, Chen Yi will release these people's freedom.

  After coming to this era, Chen Yi understood a truth, that is to adapt to the rules of this era.

  What rules?

  His rules, he Chen Yi Chen's rules.

  In this day and age, if you are rich and powerful, no matter how outrageous you are, as long as you don't get caught for evidence, then no one can do anything to you.

  Although his behavior is not in line with the law, neither HSBC nor the person under surveillance has any objection.

  When the stock exchange in Tokyo was closed, the big meal prepared by Chen Yi was also delivered, leaving a few people watching in the VIP room. Chen Yi left HSBC directly with his ten bodyguards.

  Although the packaged food is no different from eating in the store, but after staying in the VIP room for a long time, Chen Yi likes to come out to eat at noon to get some fresh air.

   These days, it is inconvenient not to have a mobile phone. If he has a mobile phone with him, he only needs to send someone he trusts to watch at HSBC Bank. Where it is like now, he has to stay at HSBC Bank to watch it all day.

  Although the legendary mobile phone has already appeared in the United States, for Mr. Chen, who is used to smartphones, that kind of big brick is really not attractive in terms of practicality.

   Thinking that Xiangjiang also had a telephone company, Chen Yi thought about whether he should buy Xiangjiang Telephone Company in advance to promote the rapid development of the mobile phone industry as a whole, so as to solve the problem of not having a mobile phone by his side.

  ——

  (end of this chapter)