Start with a Cat and Mouse Game

Chapter 592: This is giving me money

   Chapter 592 This is giving me money

  Visit the entire ship. I heard that there were 4 concealed weapon systems on board. Although Nasser was not allowed to enter the machine gun warehouse, he finally asked whether he could build the same yacht in England.

  Li Changheng smiled and shook his head, “The yacht of the same model is no problem, but you want to get a secret weapon system. Even if you donate a frigate to England, no one will take this risk for you.”

  Nasser sighed helplessly. As long as the private modification is paid, it will be fine even if the cannon is installed.

  But if this kind of yacht wants to dock in other countries, it is not just a matter of customs procedures.

  Perhaps just as soon as the ship docked, someone accused Nasser of concealing offensive weapons.

  So what he fancyed was the legal license issued by England that owned the yacht.

  The yacht went out to sea for an afternoon and spent another two days in the manor. Nasser laughed at Li Changheng for being Grande, and even reluctant to buy a better thoroughbred horse.

  Because of the yacht, he left New York with infinite regret and unhappiness.

  However, within a few days, Li Changheng heard from Annie that the shipyard that built the yacht for them received a contract of intent for a super luxury yacht worth 15 million pounds and a length of 128 meters.

  Don’t guess, it must be Nasser.

   And this guy made his yacht the longest and largest private yacht in the world.

  After lawyers and professionals completed the assessment of the Canal Oilfield and went to Saudi Arabia to see in person, Li Changheng quickly decided to buy these 4 oil wells with a daily output of 2,400 tons and 17,000 barrels.

  Compared with the oil wells with daily output of 15,000 to 20,000 tons and more than 100,000 barrels per day, the output of these four oil wells is very low.

   But compared to the situation in the Tian Dynasty where each day was only 20 to 30 tons, they were all high-yield oil wells.

  These 4 oil wells seem to be a big bargain again.

  In less than a year and a half, the price of oil will skyrocket from USD 2.8 a barrel at this time to USD 7.

   Then in December of '73, there will be another wave of price increases reaching 11 to 12 dollars.

After   , there was a 6-year slow-rising period, until more than 30 dollars in the early 1980s.

  Even as long as the oil wells are not exhausted, and if the future is over a hundred dollars a barrel, Li Changheng can get hundreds of millions every year, so of course he feels that he has made a profit.

   People in this era see that this business is not only risky, but also has a very long return period.

   17,000 barrels per day, which is 6.2 million barrels a year.

  According to the price of 2.8 US dollars, it is 17.36 million US dollars a year.

  Subtract about 30% of the cost and taxes, plus the operating expenses of owning a company, and the cruise fee for shipping crude oil.

  It takes at least 9 years to earn back 100 million US dollars.

  If you sell oil directly in Saudi Arabia, the price of crude oil is only about 2.6 US dollars, and it will take 10 years to pay back.

  But if the price of oil reaches more than $10, earning tens of millions in that year is almost the same as playing.

  So Li Changheng doesn't care what other people say, he has determined that the four oil wells are in an oil field that has been exploited for more than 20 years and is expected to be exploited for at least 20 years.

   And there were more than 4 Sate’s own oil wells around, I immediately decided to buy it.

   is to take 10,000 steps back. Even if the oil wells are not left in their hands in the future, these four oil wells can restrict the convenience of an oil field in Saudi Arabia, as long as they are sold when oil prices skyrocket 74 years later.

  It will definitely allow countries such as the United States and other countries that have restricted oil exports to buy it at a price increase of one or two billion.

  The reason is simple. The crude oil below the oil well is all connected.

  If Sande reduces the output of more than a dozen other oil wells on this oil field, his four oil wells will definitely exceed the output of 17,000 barrels per day.

  At that time, either Saudi Arabia will compensate itself, or oil companies in the U.S. and the Netherlands will increase their prices for purchases.

  When the news of his acquisition of these 4 oil wells was revealed by the media, the world's oil price instantly rose from 2.81 to 2.83 US dollars.

  Li Changheng knew that Nasser and the people behind him must be using his reputation for bullish oil prices to continue to speculate in crude oil futures.

  So in order to test how much influence he has on the market, he started mining at full capacity after he bought the oil field.

   Then everything was as he hoped. Many futures investors saw the crazy performance of the oil well, but began to wonder if he was crazy.

  After all, there is only crude oil mined, but the act of not selling it seems like a desperate move.

  And is a madman worth it for everyone to follow him mad?

  At the end of May, Li Changheng, who returned to New York, once again met Nasser who came here specially.

  Then the first sentence this guy said was, “Henry, because of you, crude oil futures have fallen from 2.83 to 2.81 US dollars, and even have a tendency to fall below 2.8 US dollars.

  What do you think? "

   "It's very simple, I absolutely will break 3 dollars a barrel in future oil prices."

   "It's impossible", but after a few seconds, Nasser looked at him with beaming eyes and asked, "How long do you think it will take?"

  This time, Li Changheng hesitated for a while, and then said, "One or two years."

   Then Nasser was overjoyed at first, but it didn't take long for his brows to frown, and the happy expression on his face disappeared.

  Most people who have made a lot of money will inevitably suffer from gains and losses without knowing the future.

  After all, even if you succeed 10 times, many people will think that the probability of this 11th failure will increase indefinitely.

  The risks of using high leverage for contracts in the futures market for one or two years are also infinitely greater.

  Because there are too many variables in the middle.

   And it rose from 2.8 to 3 US dollars, only a 7.1% increase. If you want to make a lot of money, you only have to like the last time, using 20 times leverage.

  But the last time the futures contract was only 3 months, this time the 1-year contract uses 20 times the leverage, which is too risky.

  So Nasser subconsciously persuaded Li Changheng to restore his oil well to normal production.

  In my heart, I wanted to use this method to see if Li Changheng was desperate, or whether he was really sure that the crude oil price rose to 3 dollars.

  Then the facts let him down again, with a feeling of unwillingness and great relief, a few days after leaving New York.

  The market reported that the oil production of the Canal Oil Field began to return to normal.

Countless bullish people are celebrating and praising Nasser while looking forward to a re-rising of oil prices~lightnovelpub.net~. Those who have short contracts in hand, and many companies whose costs have risen due to rising oil prices, can’t wait to be direct. Kill Nasser.

  On the contrary, it was Li Changheng, the instigator, who was scolded unexpectedly not many times.

  A few days later, Li Changheng was sitting in a small cafe on Manhattan Island, slowly drinking a Geisha coffee that had only appeared in the U.S. in the last year or two and was said to be very low-yield.

   Ten minutes later, the blade sitting next to him covered the earphones, and after listening for a while, he whispered, “Boss, the person you want to see just came out.”

  Li Changheng put down the coffee cup and looked out the window.

  I saw the guy Frank Abanel, carrying a shoulder bag and a brown-haired girl in his left hand, walking out of Columbia Business School grinning.

   "Let him come and see me."

"clear."

  Blade picked up a walkie-talkie and said a few words to the bodyguard standing outside the coffee shop.

   Soon there will be three brawny men in suits, sunglasses and earphones walking quickly across the street.

  (End of this chapter)