Start with a Cat and Mouse Game

Chapter 749: Scare people

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Taylor, who was scolding, saw the VIP room manager with a frightened expression, as if he had been scolded stupidly.

Suddenly it felt boring, and then I remembered that this guy is also an employee of Citigroup, and more importantly, Li Changheng stood by his side and said nothing.

The eyes also glanced to his side.

Taylor immediately thought that in the future, this young man will be not only his most important ally, but also the boss and a key figure in whether he can get how much Citigroup rewards shares when his performance is outstanding.

Therefore, making the big boss feel that he is too irritable will definitely not work.

Suppressing the anger in my heart, although the expression is not amiable, he explained very seriously, "Of course, the price quoted is calculated according to Henry's wishes, and the subsequent price increase is calculated.

As for leverage, 100 million and 2 US dollars will be increased to 1 billion and 2 billion. Let alone which bank can complete negotiations and sign contracts within an hour.

Even if a bank is willing to guarantee, the market can afford a contract worth 1 billion dollars? "

The VIP room manager who was being coached nodded his head again and again in annoyance and gratefulness.

"Go ahead," Li Changheng smiled and asked the manager to leave, but he wanted to swallow up today's contract in one bite, but this was unrealistic.

Although increasing leverage will give capital a chance to snipe him, the futures game is nothing more than a game of whoever has sufficient funds and whether he is standing on the right vent to decide whether he wins or loses.

There is no shortage of capital, and oil prices are bound to rise again.

But the key problem is that if oil prices are speculated too high, it will give American politicians and forces that look at him an excuse to attack him.

At this time, the U.S.'s single-day oil production, not only did not rise from 4.6 million barrels the year before, but fell to 4.3 million barrels.

The reason is simple. The ten-year war only paid, but did not get the inflation caused by the return, so that the income level of the middle and lower classes in the United States could not keep up with the increase in commodities.

Although the per capita income has risen, the standard of living has fallen. When the desire to consume is not strong, the opportunities for companies to consume crude oil and for people to drive are reduced.

The Vietnam War has almost ceased, and the attendance rate of various warships, vehicles, helicopters, and fighter jets that eat oil has decreased. Of course, the demand for crude oil has also decreased.

The 3 million barrels of crude oil imported every day has not only eaten up the market vacated by U.S. oil companies.

Efforts to maintain crude oil prices below $3 per barrel have offset the inflation rate of other commodities to a certain extent.

This is a decision related to the entire U.S. economy. No matter how oil companies want to make money, they have to step aside on this matter.

Moreover, in order to make more money, U.S. oil companies are also more willing to import foreign crude oil, which is cheaper than their own production, because of their low cost.

Like Sartre’s self-injection wells, the production cost is at least twice as low as that in the United States.

Let Li Changheng choose to import crude oil and use the advantages of refining technology to make more money.

It is even a ridiculous fact that the price of refined oil in the United States is 4 tiers cheaper than in Europe.

More than 70% of the refined oil refined by the two major oil companies in the United States in the desert area is sold to Europe.

Therefore, the daily output of 4.3 million barrels in the United States is worth only 12.9 million US dollars.

For the purchase of 1 billion or 2 billion, even if all the oil fields in the United States are running at full capacity, it will take two or three months to deliver.

If the country’s original crude oil consumption is taken into account and limited to only three-month delivery of crude oil futures made in China, it is impossible to establish a contract of 1 billion, let alone 2 billion.

And if the delivery cannot be made on schedule, then simply pay the oil field to Li Changheng.

Therefore, the amount of the first 10 million US dollar contract is actually not small, and his purpose is nothing more than telling the outside world that Henry Lee is optimistic about crude oil prices.

Then, after today, he would not buy crude oil futures for a dime.

Lest he really changed the war that should have happened because of his appearance.

Of course, this possibility is actually not high.

In this half an hour, he had actually figured out that since the Egyptians announced the exercise today, there is actually no possibility of retreating.

Seven days later, it is a fast. As long as the Eserlie people are still like another world, even the soldiers will be on holiday.

In addition, Egypt lost a large area of ​​land due to the war seven years ago, and was even pushed east of the Suez Canal.

After so many years of preparations and domestic dissatisfaction, sneak attacks have been unavoidable.

......

At 11:15, the exchange started bargaining, but it took 13 to 4 minutes to complete the contract for 10 million US dollars.

Needless to say, everyone must already know the news from the desert, and with Li Changheng's words, someone could not sit still and began to grab a futures contract with him.

At 11:30, as soon as the market opened, Taylor yelled, "FK, it’s already $2.99 ​​a barrel."

After a curse, Taylor didn't care about other shareholders who were hesitant and wait-and-see.

I walked to the phone, picked up the phone, and gave the trader an instruction of 3 times leverage for 4 million US dollars and 3 US dollars a barrel.

This time it took more time to pay the bill for 12 million US dollars.

When the price reached US$3.04, the large number of selling orders that Li Changheng was looking forward to finally appeared.

The price was instantly pressured back to around US$3, which also made everyone understand that it must be the capital that had been leveraged. Someone couldn't help but start shipping and cashed out.

"SIR, the Ohio reserve has shipped."

Li Changheng knew when he heard that it was the official use of reserve crude oil to lower prices, which made him instantly decide to scare those decision makers.

Otherwise, even if Citi’s shareholders agree to his shareholding, the agreement wants to pass. Without the approval of the Federal Mergers and Acquisitions Commission, things will definitely drag on for several months or even years.

"10 million U.S. dollars, 3.02 U.S. dollars a barrel, three-month delivery", then looked at Taylor and asked, "I use 200 million U.S. dollars in Citi as collateral, how much leverage can I give me now?"

Taylor and the shareholders froze ~lightnovelpub.net~ but quickly replied, "Ten times?"

There are 200 million US dollars as collateral, and the principal amount of 10 million US dollars, let alone 10 times, they dare to release 30 times or 50 times.

The reason is simple, 50 times equals 500 million, and wanting to lose 200 million of the mortgage is equivalent to the oil price falling from 3.02 US dollars to 1.804 US dollars.

This price is lower than the oil price five years ago.

If this is the case, let alone the desert tyrants, all US oil companies will not agree.

I will definitely follow up to raise oil prices, otherwise the labor and various costs at this time will make everyone queue up for bankruptcy.

Take a step back and say.

With a 40% drop, Citi has enough time to sell the contract when the oil price drops to $2.

Using the 200 million US dollars to buy oil, plus the 133.2 million barrels of crude oil in Li Changheng's own hands, he easily returned 165 million barrels of crude oil, which is 500 million divided by 3.02.

Hearing Taylor's ten times leverage, Li Changheng hesitated instead.

I just want to scare the U.S. officials, but if I really go against them, I'm asking for trouble.

Moreover, increasing leverage also tells the outside world that as long as he wants, he can use legal means to easily disrupt oil prices.

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