Chapter 401 Money Is Just Paper in Times of Crisis

"How did they come here?"

Immediately, he realized that this was not to mention grabbing the business of UBS, but he also wanted to grab the business of the local tyrants.

It is not that there are no oil fields in the United States. On the contrary, the underground reserves are not much worse than the third-ranked country in the desert.

Not mining at this time is just to take advantage of the low oil price and want to use up other people's oil first.

As long as the oil purchased by Li Changheng is not shipped out of the United States and is not used immediately, the big American oil companies will not mind swallowing the contract worth 100 million US dollars.

Even, they can swallow the contract, and then use the contract to do a three-party or even four-party business with desert areas or countries in South America.

Because the crude oil at this time has not exceeded 2 US dollars for ten years, even if it happened once in 1967, and there was only a 4-month oil embargo, the oil price still did not exceed 2 US dollars.

In addition, the annual increase in fuel consumption in the world is not much.

Many Americans even believe that the oil price of $2 will last forever.

Therefore, the cars designed by the Americans never consider the displacement.

Although the local tyrants in the desert have money at this time, they haven't got the money yet. They can actually reclaim land in the desert and build a modern city in the sand sea.

So no one will give up one, and one person wants to buy one-thirtieth of the entire U.S. crude oil imports, a super customer.

Who wants to earn extra money, does it depend on the face of the person who gets the contract?

What is even worse for the various oil-producing countries is that no one can predict the oil crisis in two and a half years.

Experts, everyone knows that Li Changheng, who buys oil and stores it, cannot always store it in the warehouse.

Because after 3 years he has to use it, or sell it.

Otherwise, the quality of crude oil will decline, or even expire, leading to a sharp drop in value.

So if you don't grab this contract at this time, put the money in your pocket first, and when Li Changheng starts selling oil in the future, will he squeeze out the oil market share?

Of course, those who know this are not fools. Everyone guesses and mistakenly thinks that Li Changheng is optimistic about the development of the United States.

This is the time to bet on oil prices for a year or two, or three years later, the price of oil will rise.

What's more, what Li Changheng didn't know was that he earned such a huge fortune in less than three years. For many people, he was either a super genius, or someone who was lucky enough to break the chart.

So no matter what the reason is, before he fails, many, many people are willing to believe and follow him to make money.

But for oil-producing countries whose oil production can be exhausted within 30 years instead of 10 years, it is impossible for them to gamble on the future economic situation like Li Changheng.

They dare not gamble on the future international situation.

Since oil production cannot be exhausted in a short period of time, of course it is the right choice to make a deal first and put the money into one's own pocket.

American people who see this point will disregard etiquette and business ethics, and directly go up to grab business.

Because for a consortium that is united and everyone holds shares in each other, or even cross holdings.

Oil is not just their only profit point.

For a consortium like Citigroup, as long as they get a contract and go to an oil-producing country to buy oil, they don't need to pay directly.

Is it okay to give you military equipment, civilian equipment, or other goods to offset?

no?

If it doesn’t work, I’ll buy someone else’s. Anyway, there are so many oil-producing countries, and even red polar bears are fine.

It allowed Americans to make money in an instant, expanded exports, and even put some additional conditions on some small countries.

It means that Li Changheng's 100 million US dollars has driven an industrial chain worth 1 billion US dollars, and companies large and small have made profits.

This is more beneficial than simply buying and selling oil.

Li Changheng who wanted to understand this, his first thought was to push the responsibility, and then lower the price and raise conditions.

Anyway, whatever benefits you.

Therefore, he immediately frowned and stared at the vice president of UBS, who was also his account manager at UBS, Rand Van Gundy, and asked.

"How do you keep your secrecy?"

"this,,,."

Rand was taken aback. The super VIPs questioned UBS, which survived by protecting the secrets of its customers. If they failed to keep the secrets, it was tantamount to slapping them in the face and calling them trash.

"I guarantee that UBS is definitely the bank with the strictest mouth and the strictest confidentiality procedures in the world."

Li Changheng shook his head, looked at the desert tyrants and said, "Gentlemen, the people from Citigroup are here."

damn it.

Rand and the desert tyrants all cursed in their hearts.

When I came here at this time, it was clear that I was here to grab business.

After discussing with others, Prince Shatnasser said with a serious expression, "Sir, we are confident that we will satisfy you in terms of price."

It's a pity that the price is not the most important thing for Li Changheng, because for him, there is no difference between 1.8 and 2 US dollars.

What he wants is spot, and he must rush to trade before the tax filing deadline at the end of April.

Otherwise, the tax of tens of millions of dollars will be paid to the Americans, and if the tens of millions of dollars are bought in oil, the profit will be 4 times or 5 times in two and a half years.

And once there is an oil shortage in the United States and England, the US dollar and the British pound are paper, and oil is wealth and power.

In addition, once the U.S. dollar is decoupled from gold this year and the gold soars, there is no need for the desert tyrants to unite. Taking advantage of the opportunity that the Americans need a commodity to replace gold and the U.S. dollar, unite and negotiate terms with the Americans.

Crude oil will definitely rise.

Even if the increase is not large, it only reaches 3 US dollars, that is still a 50% profit.

After Li Changheng thought about it, he realized that he still had 170 million US dollars in cash in UBS.

Looking at Annie who was deliberately following behind, let her go to receive the people from Citigroup first.

Then he pulled Prince Nasser aside and whispered, "As long as you promise me to transport crude oil worth 100 million US dollars to England for storage before April 25, the contract is yours."

Nasser looked at Li Changheng in disbelief, and then asked happily and anxiously, "What about the price?"

"How about you give me 7.5 million tons of light sweet crude oil?"

When Nasser heard the number, he immediately went blind.

One ton of high-quality crude oil is about 7.2 barrels, and about 7.3 barrels of medium-low quality crude oil.

For Li Changheng, this kind of arithmetic is just a few seconds of silent calculation in his mind.

But for Nasser, he couldn't figure it out even if he was given a pen and paper.

Li Changheng smiled and snapped his fingers at Harry Hart.

Soon five handheld computers appeared in front of the local tyrants.

Taking them back to the reception room, Li Changheng sat on the sofa drinking coffee with a smile.

Seeing Rand of UBS, and Nasser, they calculated the price and found that the price per barrel was 1.85185. They frowned and hesitated.

This price is not the lowest, but it is not high either.

But in the face of an order of 100 million US dollars and 54 million barrels, and there are still people outside who want to grab business.

Nasser and the others planned to accept the price without much hesitation.

However, the entire 7.5 million tons of crude oil was transported to London, and the time was a little tight.

Based on the calculation that most of the Suez tankers at this time are of the 100,000-ton level, 75 large cruise ships are needed to complete the order.

"What about the freight, sir."