Chapter 748
"Sorry, my forecast for crude oil price is above US$5 per barrel.
However, although I don't want to buy the crude oil in my hand, you are definitely not willing to buy it at a price of 5 US dollars.
But there is no shortage of March crude oil futures in the market.
Therefore, my suggestion is that instead of buying the crude oil that I have stored for 29 months, it is better to let people grab contracts in the futures market now. "
damn it.
Alan Gay did not expect that the trap he dug would be filled by Li Changheng so easily.
Moreover, there is nothing wrong with this statement.
Buying crude oil that has been stored for 29 months is indeed a risk, as businessmen will definitely go to the futures market to grab contracts.
Even if it is a little bit more expensive, it is still safer than buying the crude oil in Li Changheng's hands.
The twenty or so antiques were divided into several small circles, discussed for a few minutes, and soon Alan Gay announced.
"The board of directors postponed until 3:30 in the afternoon. Anyone who has an opinion should put it forward now."
The shareholders present shook their heads again and again, how could everyone be in the mood to hold a board meeting at this time.
Even if you don't buy crude oil futures contracts today, it's always right to look at the market's reaction and then find someone to discuss.
Li Changheng looked at his watch and saw that the time was only 9:42 am.
Suddenly I wondered in my heart, should I also take the opportunity to buy another batch of crude oil futures that expire in 3 months?
In the Atlantic City project, it is possible to obtain a loan of more than 500 million US dollars from the real estate of 600 million US dollars obtained from the islanders.
The cash in his hand is 600 million from the United States and Switzerland, which is why he dared to ask for 1 billion to invest in Citigroup.
Paying half up front can also save 100 million turnover.
Wait a month before the fourth desert war, which lasted only 20 days, is over, and the deserters will propose an oil embargo.
Even in the middle and late stages of the war, that is, in mid-October, the production reduction actually started.
At that time, the original 250 million US dollars of crude oil in his hand will definitely skyrocket to 890 million US dollars.
In another one or two months, that is, in December, the impact of the oil embargo on major capital economies will begin to appear.
If it doubles again, it becomes 1.7 to 8 billion US dollars.
wrong.
With his own appearance this time, maybe Rockefeller will take the opportunity to increase production.
Thinking of this, Li Changheng couldn't help squinting his eyes, and cursed a few words in his heart.
It seems that I don't want to frighten shareholders like Citigroup by buying crude oil futures that are due for delivery in 3 months.
Or just don't sell it for a dime, making this group of people and the capital on the sidelines in the market suspicious.
It is easy to buy oil like crazy. There is only so much crude oil in the market in a short period of time. If you have 100 million principal plus leverage to 400-500 million, you may not be able to spend all the money.
However, Li Changheng would definitely not do this.
Moreover, you must never buy the oil in the hands of desert people, otherwise, if there is an embargo, who knows when it will be delivered.
Buying the three-month crude oil in the United States, not only will someone in the market follow him to grab it, but it is also tantamount to forcing the major oil fields in the United States to increase production.
If you don't buy anything, those capitals in the market who follow him and don't buy it afterwards will be fine.
But those Citigroup shareholders who clearly have the opportunity to earn 3 times or 4 times will absolutely hate him.
Just because we trust you and support you, we just watch others make a fortune?
No, you bastard has 133.2 million barrels in your hand, and the one who made the most money is you Henry Lee.
This fucking is playing us supporters.
Hell, Li Changheng cursed in his heart.
The harm between the two powers is the lesser, and Li Changheng immediately decided not only to buy it, but also to recommend shareholders who are willing to stay by his side to buy it.
The big deal is to spend money secretly and try my best to lobby the United States to support Israel.
In the face of two or three billion dollars, friendship with desert people is bullshit.
Anyway, in the next ten years, I don't plan to speculate in crude oil futures again.
As for Prince Nasser and his father, if they dare to take it back, the four oil wells in the Kanal Oilfield, which were worth 100 million U.S. dollars when they bought them, will definitely be worth 400 to 500 million U.S. dollars in a few months.
The big deal is to hire someone to assassinate.
This thought only appeared in his mind for 3 seconds before he reluctantly rejected it.
Even if it is to assassinate a gang leader, for me at this time, the gain is definitely not worth the loss.
Not to mention that the target is a prince and his father of a country.
Then go to court and make trouble secretly.
Anyway, within a few years, with the tense relationship between Iran and Iran, the situation in the entire desert area became chaotic.
Regardless of whether it is for the largest market in the United States, or for its own safety, Shater will either seek refuge in the polar bear, or the United States.
After the decoupling of the U.S. dollar and gold, the United States urgently needs a physical product that can replace gold to maintain the status of the U.S. dollar.
The oil settlement currency is US dollars, which is enough for the United States to take the initiative to make concessions to Shater on many issues and stand firmly behind him.
Of course, while making concessions, there are more threats of various kinds, so Shater still has to invest in the side of the United States in the end.
At that time, the hundreds of millions of dollars in oil field lawsuits, not to mention getting it back, will definitely have to pay Li Changheng's losses.
If you don’t pay, then continue to file a lawsuit, and wait for Shater to really get closer to the United States, and then use the media to make a wave of blackmail.
If you don't pay, you have to pay.
Otherwise, it would not be a question of money if only the reputation would be damaged, and Shate had always wanted to dominate the desert countries.
After thinking about this, Li Changheng, accompanied by Taylor Garnell and others, came to the VIP room of the exchange.
The opening time of the US futures market is divided into two types.
The winter season is from 11:30 am to 3:15 pm, and the spring season is an hour earlier.
Before the futures market opened, some of Taylor and others poured red wine for him, and some cut cigars.
After some flattery, Taylor tentatively asked as a representative, "Henry, how about some advice?"
Looking at the trading market, hundreds of traders in red vests looked at Li Changheng from time to time.
Shrugging with a smile, he waved to the manager of the VIP room, "What's the current price of crude oil?"
"$2.95, sir."
Li Changheng took out the check book and quickly handed the other party a check, "10 million US dollars, the price is 2.97 US dollars per barrel, to buy crude oil futures with three-month delivery.
As for the contracts for buying and selling," Li Changheng looked at Taylor after speaking, and Taylor immediately smiled and said, "Don't worry, you are now a valued customer of Citigroup.
I will personally handle any contract for you, and there are several of the most reputable law firms in New York out there.
They are sure to be willing to resolve any legal issues for you. "
Li Changheng smiled and shook his head, "My lawyer is rushing over."
Then he said to the VIP room manager, "Go down and tell all the crude oil traders, no matter how many contracts they have today.
As long as it is delivered after 3 months and is a contract for crude oil produced in the United States, I will accept it. "
"What about the price, and, don't you leverage, sir?"
Before Li Changheng could speak, Taylor scolded, "Damn it, are you an idiot?"