Chapter 739 Oil Production Increases, Prices Fall, Hidden Mysteries

readx;

"Recently, because of some problems in the Middle East, which has led to the shortage of global energy supply, in order to solve the problem of energy shortage, we in the United States, have made unremitting efforts, and now, with our efforts, the major oil-producing countries in the Middle East, Saudi Arabia, Kuwait and other countries, in order to maintain the global economic order, decided to increase oil production, in this way, it will greatly alleviate our energy shortage, we believe that in the new year, we can all use oil that can meet our needs at a low enough price, Say goodbye to the continued high oil prices. "The U.S. Secretary of Energy appeared on television and was the first to say this to the Americans in front of the TV and to the whole world.www.biquge.info≦≧

Economists have analyzed that for the United States, the price of oil rising by $5 per barrel will affect the economic growth of the United States by one percentage point of GDP, and compared with the beginning of the year, oil has risen by more than a dozen dollars per barrel. The United States is now facing various problems such as inflation, rising unemployment, and declining gross domestic product.

Therefore, the current United States needs to get rid of economic problems, and the United States needs low-cost crude oil to stimulate its own domestic economy.

After a lot of pressure from Saudi Arabia and Kuwait, the United States finally agreed to increase crude oil production, which is definitely good news for the United States and for the whole world, except for oil-producing countries.

Because of the weakness of the economy, many people have begun to question the ineffectiveness of the government, so is the United States painting a beautiful pie for the people by releasing this rumor in advance?

Oil prices are high. What are the most desired things for oil-producing countries, are they willing to increase crude oil production to bring oil prices down? And that OPEC, will it come out and interfere?

At a time when international skepticism was being raised, the Saudi government, a major member of OPEC, issued a statement. ≦≧

"Right now, the price of oil in the whole world is somewhat inflated. The rising price of crude oil has caused some economic problems for oil-importing countries, and for our oil-producing countries, the price of oil is too high. It is also inappropriate, because high oil prices will dampen demand for crude oil. Like what. This year, many companies that sell vehicles can find that fuel-guzzling off-road vehicles have been removed from people's attention, and various petroleum products will be replaced by other synthetic products, and we have even learned that some scientists are trying to synthesize diesel and gasoline, if the price of oil is too high, then, half of the world's countries have abandoned cars. If we walk home, the price of our oil will fall sharply, so in order to maintain the interests of all our OPEC members. I suggest that we, the OPEC members, work to increase oil production and bring the price of oil down to a reasonable level. Saudi Arabia's oil minister said in his speech that this sentence is a response to the statement of the United States and proves that Saudi Arabia has indeed reached an agreement with the United States.

"So. What do you think is the right level for oil prices to be maintained? "A journalist raised the topic of most concern.

"In short, it cannot be less than eighteen dollars per barrel." said the Minister of Oil.

Eighteen dollars! All the journalists thought to themselves, it would be great if it was really like that! This is simply the price of oil before the outbreak of the Iran-Iraq war.

In the seventies, the price of oil was relatively stable, hovering around twelve to fourteen dollars, but the nightmare began at that time. From November 1978 to June 1979, a major oil producer in Iran experienced a **, resulting in a reduction in crude oil production of 2 million to 2.5 million barrels per day. The 1980 Iran-Iraq war led directly to a 2.7 million barrel cut in Iraq's crude oil production and a 600,000 barrel per day cut in Iran's production. The price of crude oil began to soar, from $14 per barrel in 1978 to $35 per barrel in 1981. The price has more than tripled!

The downturn in the world economy in the 80s had a lot to do with the rise in oil prices. ≦≧ until the end of the Iran-Iraq war, Tehran has a new owner, the price of oil began to fall slightly, but the good times did not last long, and then, a new conflict broke out on the land of the Middle East, the Jewish nuclear issue, which led to strong opposition from other countries in the Middle East, and the Arab countries once again raised the weapon of oil, although it was mainly aimed at the United States, the United States imposed an arms embargo on Iraq, but it affected the entire Western world, and the price has risen to the current fifty-one dollars per barrel, Almost everyone feels that ditching the car and walking home, exercising and getting some fresh air, is a better option.

When they heard that Saudi Arabia was going to restore the price of oil to eighteen dollars per barrel, everyone was very excited, and they could finally buy it after watching the off-road vehicle for a long time.

However, all of them seem to have missed what the Secretary of State for Oil said that it cannot be less than eighteen dollars a barrel, so twenty dollars is not it? Thirty dollars isn't it, forty dollars isn't it?

The words of Saudi Arabia's oil minister were like a bolt from the blue, and all the countries that rely on imported oil began to be inexplicably excited, and their country's economy can now improve.

It is the United States that speaks, and they still have certain reservations, but it is Saudi Arabia, which is a major oil producer in the world, and Saudi Arabia wants to increase crude oil production, so international oil prices will definitely fall!

Saudi Arabia did what it said, and on the same day, all oil wells in Saudi Arabia began to be in full production, and Saudi Arabia's oil exports increased by 100,000 barrels on the same day.

The next day, in the oil futures market, began to fall, Saudi Arabia's oil production began to increase, the price of international crude oil futures, began to decline, because the speculators began to realize that the wind direction was going to change, and sold the futures in their hands. ≦≧

Internationally, there is a special type of people, called speculators, who sell and buy a large number of stocks and futures that change drastically, and even currencies, and then, with a large amount of money, return satisfied, leaving countless poor ghosts who are trapped.

Qusay has also worked as an international speculator and made a lot of money in the Hong Kong dollar crisis. However, President Qusay is very personable, he does not maliciously earn those ill-gotten gains, he only earns what he deserves, or rather, he only targets those who deserve punishment, such as Britain. Japan, for example.

And now, international oil prices are so high, in addition to the reduction of production in the Middle East. The hype of international speculators is also a very important aspect.

Seeing that the price of oil continues to rise, some speculators. began to invest their own money in oil futures, which led to an artificial increase in the price of oil.

And now, the space for oil to rise has come to an end, and it is about to enter a rapid downward space, if you don't throw it now, it will be smashed in your hands, so seeing that the situation is not good, a large number of oil futures are being thrown, like this. It has accelerated the rate of decline in oil prices, otherwise it would not have had such a big effect just by Saudi Arabia's announcement of an increase in production.

President Qusay will never look down on these international speculations. Therefore, he has already deployed an action: to crack down on these speculative behaviors, and use all their illegal gains to support Iraq's economic construction!

Sitting in his office at the Palace of the Republic, Qusay's lips still lingered with the fragrance of Sarah. In his mind, he recalled the departure from Riyadh, Sarah's last conversation with him. "You are the president of Iraq, the Iraqi people need you, national affairs are still waiting for you to deal with, you should go back to Iraq. ≦≧," Sarah said reluctantly.

Yes, it's time for him to go back, as the president of Iraq, his body does not belong to him, and he must do his best for the rise of Iraq.

"Yes, you should also go back to the UK, Ousheng Electronics has developed into such a large-scale company, your contribution is the greatest, and you have to be wronged that you can't stay with me and go to Europe alone. However, I swear that within five years, I will marry you to Iraq, and when the time comes, you will be the first lady of Iraq. This sentence was originally sincere, but, after saying this, Qusay always felt weird, as if he was a pervert who had abducted an ignorant girl, this kind of words were all too common in later generations, and the soap opera was the dialogue version of the girl after being betrayed by a bad man overnight, and then it was abandoned.

But Sarah was very tempted, and women always liked to hear this kind of thing, and she said: "Yes, I hope that day will come soon, but even if I can't go back to England right away this time, I need to go to Hong Kong to deal with some problems." ”

It could have ended here, but as a result, Cusaido asked: "What is wrong with Hong Kong?" "If it were any other place, Paris, New York, or Cusai, he would not ask such a question, but when it came to this Oriental Pearl, Cusay suddenly evoked memories of his previous life, so he asked like this. Although what Sarah is going to do is a secret of the company, but Cusai is the main shareholder of their company, and if Cusai is interested, he has absolutely the right to know anything about the company.

Sarah wished that Cucedo would ask a few words, so that she could stay with Cucedo for a while, she said: "This is the last Hong Kong dollar crisis, seeing that you made a lot of money in the last investment, we also began to enter the investment field, using the personnel used in the last Hong Kong dollar crisis, acquired an investment company that is about to go bankrupt, and hired several financial experts who graduated from Harvard Business School with several years of investment experience to invest, at first it was okay, and made a little profit, but the last few investments have failed, Now I'm going to take care of it myself and see if the company needs to be transferred or go bankrupt. ≦≧”

It turned out that watching herself make money, Sarah's eyes were red, but you also have to think about the scene when Prince Waleed was cut down on the streets of France, where is it so easy to invest. In the stock market, retail investors are always the lowest, just like dried shrimp, what can be eaten, only water, to do, you can only be a big fish, what small fish, dried shrimp, eat all, only grasp the pulse of history, have a considerable amount of capital, do not be a buyer of the trend, to be a maker of stirring up the wind and waves! That is, you must be able to predict in advance and control its ups and downs, for example, now, you know that the price of oil will fall!

Suddenly, a flash of inspiration flashed in front of him, he had been too busy recently, he didn't grasp many opportunities, he gave up in vain, isn't he short of money now? This is an absolute opportunity for a white wolf with empty gloves.

As long as you create a little storm, you can deter those who speculate in oil futures, the price of oil has been rising in the past few months, they must be speculating in oil futures, artificially raising the price of oil. I've made a lot of ill-gotten gains, it's time for them to spit it all out, and if you do it properly, you'll have hundreds of millions of dollars in your money, enough for your recent expenses.

Let's think of this as an advance rehearsal for speculating on the yen! And. Now, I also need a special investment company, and the boss behind this investment company is myself. However, ostensibly to not be associated with themselves, this investment company usually conducts ordinary stocks. Futures, funds and other investment behaviors, at a critical time, will become their own powerful tools, not only to speculate on oil now, but also to speculate on the yen in the future, and even to interfere with the US economy in the future.

Qusai and Sarah said, "Sarah, this investment company of yours doesn't have to go bankrupt now. Because, now there is a good opportunity that needs to be grasped. ”

"What chance?" Sarah asked, looking at Qusay, expecting the unpredictable prophet. Being able to give her a good move, this investment company has not brought her profits so far, and it is a very unsuccessful attempt since she started her business.

I didn't want to talk to Sarah about the oil production cut, but now I have to make it clear to her. to be able to make her cooperate well with herself.

After listening to Cusay's statement, Sarah's eyes lit up, so I don't know how many people will jump off the building! Who said that Kusai would only fight wars, only politics? When it comes to the economy, it's definitely not a lose.

"For this investment, I will contribute two billion US dollars, and Ousheng can temporarily make up more than one billion US dollars, right? Then, we need at least $20 billion in money, and the rest can be found from King Fahd. Qusay said: "I'll go and ask King Fahd for a loan, anyway, the Saudi royal family is very rich, and this time I also need his cooperation, and at most I will give him a profit of five percent." ”

After listening to Qusay's words, this investment can have at least 60% of the income, and only 5% will be given to the Saudi royal family, this guy is also very picky!

However, for the Saudi royal family, they have too many dollars to spend anyway, so let them take them out and provide them with low-interest loans. In the last time the Hong Kong dollar was speculated, the Saudi royal family and Kuwait were generous and lent money to Qusay, and now the relationship between the two sides has deepened, and it is still possible for Saudi Arabia to take out tens of billions.

Sarah was not as thick-skinned as Cusay, who was embarrassed to go to the king and open his mouth, and after being warm with Qusay again, Sarah finally left the presidential suite, left Riyadh, and went to Hong Kong to make an early setup.

And Qusay, when he met King Fahd again, while explaining to King Fahd what he needed to cooperate with and how he needed to borrow enough money to carry out this incident of deliberately destroying the price of oil by cracking down on international travel funds, so that they could learn a lesson that they will never forget, they saw that the other party's expression was a little strange.

Qusay knows that his behavior seems to be a bit excessive, but he is also doing a good deed in order to rectify a healthy international oil price order, so he doesn't think of himself like this, right?

"Your Majesty, do you agree with all these things I said?" Qusay asked tentatively.

"Well, yes, I agreed, we in Saudi Arabia are willing to provide you with funds, as long as you need it, you can put it into the various accounts you provide at any time." King Fahd said, but was visibly absent-minded.

Seeing that King Fahd wanted to speak and stopped, Qusay decided that he still had more things to do, and he should go back to Baghdad. On the British side, there will be a lot of war of words, and the armor materials have been stolen back, and there is still a long way to go to convert them into their own equipment.

It wasn't until he got on the plane back to Baghdad that Qusai suddenly woke up to the fact that his actions in Riyadh must not have been hidden from King Fahd, and the other party must have known that he was with Sarah last night. Thinking of this, Qusai felt that King Fahd was definitely righteous enough, which was a serious violation of Saudi Arabia's laws and traditions. Forget it, let's think about the big things that are about to happen, 84 years are about to pass, 85 years are coming, I need to deal with it, I have to face, there are many more.

As a result, the pit of a failure that made countless international investors miserable was gradually dug out.

If Saudi Arabia's words were earth-shattering enough, then Kuwait's subsequent follow-up made investors who invested in oil futures lose confidence.

"Because of the production cuts and embargoes some time ago, Kuwait's oil exports have not fulfilled OPEC quotas, and in order to complete Kuwait's established export tasks in less than a month, Kuwait has decided to increase crude oil production by 200,000 barrels per day from now on."

As soon as the news came out, investors who had begun to lose money no longer insisted and continued to give up their futures and oil prices continued to fall.

Iraq has not released any information, but it is quietly increasing its oil exports, digesting current inventories and contributing to the continued decline in oil prices.

Within a few days, the price of oil fell below the fifty dollar per barrel mark, and, the further back on, the more pronounced the downward trend became.