Chapter 637 Conspiracy

Liu Yi found a Chinese computer for Tian Dongliang. There was no place to put it, so he installed it on the edge of the railing of the corridor on the second floor, and he typed it.

The employees in the Pan Asia Fund office have been busy for a long time. A few minutes later, they seemed to forget Tian Dongliang and regarded him as an ordinary decoration in the corridor.

And in just a few minutes, the sharp fluctuation of oil prices has made countless people uneasy.

believes that the oil price will be ** as a result, and there are also those who think that $15 seriously deviates from the value of crude oil, and most traders are ready to choose sides.

It is definitely abnormal for the oil price to fall from $18 to $15 in an instant. Such an opportunity is not once a year. If you are qualified to participate in crude oil futures trading, you will never escape at this time.

Either gambling too much, or gambling, whether it is an independent businessman or a financial institution in the exchange, will make a choice. Even if there is not much money invested, after this gambling game, you may also get rich profits. Except for some institutions specializing in hedging, most people are ready to move.

Listening to the sound of people's "wow" in his ear, Tian Dongliang seemed to be a tractor full of power, and in a short time, thousands of words were knocked out.

The scene in front of us is intoxicating for anyone in the financial industry.

Perhaps, even people who are not in the financial industry will be fascinated by those flowing golden rivers.

Except for the crude oil futures exchange, except for this special time, it is rare to see such a turbulent golden river.

Tian Dongliang only felt that he was breathing in his nose and heard it in his ears. What I saw in my eyes were all with thick black edges and bright yellow.

"$15.12." In the office behind. One person shouted loudly in Mandarin.

"Xiao Liu, you go and inform Su Dong, and the others will continue." Qi Xiao also got out of it.

Tian Dongliang stroked the keyboard, saved the document, and looked up at the large electronic screen. It turned out that the crude oil contract in October fell to $15.12 first. And there is also a downward trend.

"It's so fast, it's so strange." Tian Dongliang muttered, and then saw Su Cheng pedaling upstairs.

"Su Dong." Tian Dongliang immediately got up to say hello. He has too many questions to ask.

Su Cheng glanced at the computer curiously, nodded and said, "It's just right, when it's counterattack time, you can come in and listen to it."

"The counterattack?" Tian Dongliang was stunned.

"It's been deadlocked for so long at $16. Of course, it's a counterattack. Su Cheng patted Tian Dongliang on the shoulder. Let him enter the office in front of him.

Tian Dongliang can't laugh or cry. He has seen too many people in the financial industry, many of whom are confident, but the model like Su Cheng is still extremely rare.

Perhaps just because he is not a person in the financial industry.

Tian Dongliang saw Qi Xiao's alert eyes and the indifferent look of Su Cheng, and suddenly had a kind of understanding.

From beginning to end. Sucheng doesn't seem to have used any profound financial methods.

The most, that is, a large amount of money and a larger amount of money are reserved. In addition, he is a little bolder than ordinary people.

To win the current situation, Sucheng relies on his understanding of the oil market itself and his understanding of the oil market.

As a banker, Tian Dongliang can't say that he likes Su Cheng's method of manipulating finance, but he has to admit that after this battle, Dahua Industry is qualified to choose his own financial method.

Perhaps, for Su Cheng, stalemate is a failure.

Tian Dongliang couldn't help thinking.

Opposite him, Qi Xiao quickly explained the situation and said alertly, "$15 should be a high-voltage line. If it is lowered, it is estimated that many oil spot traders will support it. If the refinery delivers crude oil at a price of $15, it will make a considerable profit. If it goes on like this, fuel futures The price will also be affected.

Tian Dongliang turned his head to look at Su Cheng. The current fuel futures price is still based on $18. In other words, fuel merchants are a resistance to the decline of fuel. There is no pressure for fuel dealers to close oil at this price.

Unless the price of crude oil can fall for a long time.

"Su Dong..." Qi Xiao shouted again. He had long wanted to retreat. In this round, the Pan Asia Fund made too much profit, but it could only be celebrated by falling into the bag.

Su Cheng touched his chin, but asked with a smile, "Manager Tian, if you are asked to make a decision, which side do you choose?"

Tian Dongliang was stunned, and then said without hesitation, "I choose many parties. Crude oil can't keep falling. The price of $15 is too much."

"It's really a little too much." Su Cheng agreed to nod.

"Then shall we withdraw?" Qi Xiao's face showed joy.

"Let's continue to go short." Su Cheng's answer was completely opposite, saying, "Why can't the price of crude oil go down?"

Qi Xiao didn't understand what Su Cheng meant. Seeing that he was serious, he frowned and said, "The price of crude oil is closely related to the operation of the world economy. How can we do what we can do by suppress the price of crude oil all of a sudden? Americans can't do it either."

"It's impossible to keep it down for a long time. There is no problem in a few days. Super oil fields like Aijiu can't be seen every day." Sucheng is full of confidence.

Qi Xiao's eyebrows were about to turn into fried eggs, and he whispered, "The bearish news of Aqijiu Oilfield has almost been consumed, which can be seen from the confrontation of about $16. Now, the market is digesting the news of OPEC. I think that even if the oil price falls to $15, it will quickly rebound. It is just a news that does not reduce production, and the supply cannot be fundamentally changed.

"What if there is a fundamental change in supply?" Su Cheng asked rhetorical.

"How come?"

"OPEC will not take the initiative to reduce production in the short term. Azerbaijan's oil field is a new oil field, and Kazakhstan also has a new oil field output. In addition, the expected production capacity of Azijiu oilfield is extremely high. OPEC's current production capacity remains unchanged, which is equivalent to an increase in crude oil supply."

Qi Xiao's eyebrows did not disperse, and he said in a low voice, "Su Dong. The supply of hundreds of thousands of barrels of crude oil every day increases, and the market can easily consume it.

"How long?"

"What?"

"How many days will it take the market to balance the supply of hundreds of thousands of barrels of crude oil?"

"About... a few days?"

"It will take at least three or four days." Sucheng has its own oil refineries and chemical plants. If Dahua's Haicang base has sufficient crude oil supply and works overtime, it will only take a few days to increase production by 20%. In other words, in areas where the market competition is not particularly strong, there is a surplus of oil refineries, chemical plants and thermal power plants. Once the decision is made to increase production, it will only take a few days to balance the newly supplied crude oil.

But. For industrial production, "only" is a few days, and for financial companies, the feeling is completely different.

Here. Severe like a year is not an adjective, but a real word.

Qi Xiao said cautiously, "But we can't short to achieve market balance. If we don't leave now, I'm afraid we will be stopped by others."

"If the time comes. What about the new supply in the market?

"New supply..." Qi Xiao didn't dare to ask. This information has given him a strong sense of conspiracy.

The crude oil market is a market with little flexibility. Generally speaking, 3% of capacity fluctuations will cause fundamental changes in supply, which is completely different from other commodities.

On the one hand, because of the difficulty of crude oil storage, 3% of the production capacity means 2 million barrels of crude oil per day, which is almost equivalent to the total storage capacity of a local branch of PetroChina. Under normal operation, even a country. Crude oil can't be stored for a few days. Even a country like the United States, which is such a waste of money, dare not imagine using crude oil reserves to solve the energy crisis.

On the other hand, the supply and demand of the global crude oil market are actually relatively rigid, which is very similar to electricity. You have to sell as much crude oil as you produce. You can't sell more or less crude oil. The sudden decrease in crude oil supply naturally gives crude oil consumption factories a headache, but the sudden increase in crude oil supply is also crude It is difficult for consumer factories to solve.

Therefore, the crude oil exchange always reacts to the future supply and demand of crude oil.

Generally speaking, dozens of cents is a big wave.

Su City's successive predictions of bad elements, as long as you imagine the difficulties of making them and hiding them, Qi Xiao will shudder.

The water in here is too deep.

However, from the perspective of Sucheng, it is difficult for him to play with the crude oil futures exchange, but it is not so difficult to increase the supply of crude oil.

In particular, the composition of the Pan-Asian Fund includes seven large crude oil producers. It is very simple to increase the production of hundreds of thousands of barrels of crude oil worldwide.

The 1990s was originally an era of crude oil surplus. The consumption of crude oil in developed countries has continued steadily. Emerging economies such as the Asian Four Dragons and the BRIC countries have not yet risen. Without many crude oil mouths, crude oil exploration and mining technology has made great progress.

Compared with the 21st century, the crude oil supply market in 1995 not only lacked the Caspian oil circle, but also Iraq, Kuwait and other oil-producing countries that have just experienced war have not reached their peak production capacity. As long as crude oil producers are willing to make a plan, it is natural to increase production.

If the constituent companies of the Pan Asia Fund only use the existing oil fields for insider trading, the risk of being accused by governments is extremely high, and the money earned is estimated to be not enough to pay the fine. However, with the foreshadowing of the Aqijiu oilfield and the emergence of OPEC, the increase in the production of its own crude oil is not only more effective, but also more innocent. In a practical sense, accusations are still inevitable, but the work of the lawyer's team is much easier, and the lawyer's fees and fines can naturally be

"What if there is a sovereign fund of an oil-producing country that comes forward to the market?" Without asking for details, Qi Xiao changed his perspective and tried to persuade Su Cheng to take a safer approach.

Su Cheng smiled and said, "OPEC is at a summit. Which oil-producing country is so bold that it dares to let its sovereign fund interfere with oil prices?"

Qi Xiao was speechless for a while. They let the oil price return to normal. Even if it interferes with the oil price, what are we? However, thinking so, he knew in his heart that this really interfered with oil prices. After all, the normal oil price cannot be seen from the perspective of history.

"Show me a table of the new financial institutions according to the time." Su Cheng saw that Qi Xiao was fine, so he gave the order.

When Qi Xiao left, Su Cheng turned his head and asked Tian Dongliang, "How's it going? What's the harvest?"

"It's too complicated." Tian Dongliang sighed heavily.

"It's a little complicated, so please write your report concisely so that people who don't have a financial foundation can understand it."

Tian Dongliang said alertly, "I want to complete this report independently."

"Of course, how to write it is your business, this is what I have said a long time ago." Su Cheng said, looked at his watch, and said with a smile, "Actually, even if I want to interfere, I can't interfere."

"Huh?"

"I ordered a plane for you in the early morning to fly directly to the capital. I hope you can complete this report on the plane. Don't worry, I asked them to choose the first class of a large plane, which is convenient for writing. It should be enough for all night.

"You asked me to take out the report tomorrow?"

"Of course. The news runs faster than people. By tomorrow, it is estimated that many leaders will be interested in your report. If you want your name to be remembered by the leaders of the State Council, tomorrow is the best time.

Tian Dongliang swallowed the words to his mouth.

He knew that the purpose of Su Cheng was to pass on the information to the domestic high-level officials through his own pen, but he also got a lot of benefits in this matter. Although it is so insignificant compared with what Su Cheng got, Tian Dongliang doesn't want to give up this good opportunity to become famous.

"This guy, count me in." Tian Dongliang lowered his head, and the mood fluctuation was comparable to the oil price on the electronic screen.

......(To be continued...)RT