Paranoid CEO Can’t Afford To Provoke

Chapter 824: Do you want to go with me?

"As a result, we didn't know this...the trading rules for delivery and receipt. We thought it was OK to buy and put it there. As a result, on the delivery day, we knew that if we didn't receive the goods, we would be seized and jailed! Then that day! The price of oil plummeted suddenly, and even dropped to..."

As Qiu Jingzhi said, she covered her heart, as if she was not breathing well.

"What did you fall into? How much did you lose? Even if you lose all of it, it shouldn't be a lot, right?" Du Ruo asked quickly.

Seeing Qiu Jingzhi's appearance, she knew that the incident at home was not trivial this time.

Qiu Jingzhi said in tears, "No, it, it... fell to the negative! We not only lost all the principal, but we also lost money!"

"What? What kind of logic, do you have to lose money when you buy something?" Du Ruo didn't understand at all.

Qiu Jingzhi also looked regretful at this time. After a while, she tremblingly took out her mobile phone, pulled out a stock market article, and handed it to Du Ruo to show her.

Du Ruo took a closer look and read the article, only to realize that after crude oil is collected from the land, it cannot be used directly as the oil to power cars, ships and other equipment. It needs to go through a certain amount of smelting and smelting. After that, there are two major links, transportation and storage, all of which cost money.

Therefore, on the delivery day, a large amount of crude oil that must be transported and stored suddenly appeared. On that day, the cost of transporting the oil to the refinery or storing it had exceeded the value of the oil itself. Therefore, the crude oil fell to Negative price.

Every investor who has not delivered the crude oil before the delivery date must pay a sum of money to deliver the crude oil.

It’s easy to ask God to give it away. It’s not a proper but understandable analogy:

Du Xingbang bought a husky for a thousand yuan to go home, but the husky demolished the house. After sending the husky away, they not only lost the thousand yuan for buying the dog, but the whole family had to redecorate, and they had to lose dozens of dollars. Even millions.

This is a typical example of spending money to buy things, but in the end it caused even greater losses.

Then, Du Ruo carefully checked the oil price on the delivery day and found that the oil price on that day had fallen to -37.63 US dollars per barrel. When converted into RMB, Du Xingbang would lose nearly 250 yuan for every barrel of oil bought!

This number seems to be mocking those who speculate in crude oil futures but do not understand the delivery date rules, all are 250...

Du Ruo took a few deep breaths, calmed down his mood, and then asked,

"Then, how much does he hold? How much did he lose?"

Qiu Jingzhi said in a mosquito-like voice, "There was a total loss of more than 109 million yuan, not just crude oil, but crude oil lost the most..."

Du Ruo felt that his eyes were dark.

Actually lost so much!

Nearly 200 million!

But after a while, she hurriedly asked, "What about such an important thing, how about my dad? Why doesn't he come to tell me?"

"He's in the hospital now, and he doesn't know how to tell you, Du Ruo, don't blame your dad, he is just confused, how did he know that things would turn out to be like this? He is also anxious to like to buy stocks. Well, if you don’t invest in stocks, there will be no profit. He doesn't want to make things like this. If you have money, just take it out and help, okay?" Qiu Jingzhi pleaded .

Du Ruo felt darkness before her eyes, but she still asked,

"Which hospital is Dad now? I'm going to see him."

Qiu Jingzhi lowered her head and reported the name of the hospital.

When he arrived at the hospital, Du Ruo only saw Du Xingbang, who had a bruise face and was unconscious on the bed.

She had never seen her father become like this before, and her cell phone rang when she was uncomfortable.

She looked down and saw that it was a call from Cheng Feiyang.

"What's the matter?" she asked, trying to use her most peaceful tone.

After a while, his voice came on the phone,

"Du Ruo, Chengsang’s current main business is also affected by the financial turmoil in Country M. Uncle Xia told me that I can’t do more by staying here, so I have liquidated what I have today. Shares, decided to go to other cities to start a business and start over again, do you want to go with me?"

What does she think?

If it was before, she would follow him without hesitation, and she would go wherever he went.

But now...

Through the glass of the ICU, Du Ruo looked at his father's body trying to breathe in oxygen, only silent.