Chapter 749 Scaring People

Taylor, who was cursing, saw the manager of the VIP room with a horrified expression, as if he had been scolded stupid by himself.

Suddenly feeling boring, it was only then that he remembered that this guy was an employee of Citigroup anyway, and more importantly, Li Changheng was standing by his side without saying anything.

Eyes also glanced at himself.

Taylor immediately thought that in the future, this young man would not only be his most important ally, but also the boss and the key person who would be able to get how many Citi reward shares when his performance was outstanding.

Therefore, it is definitely not okay to make the big boss feel that he is too irritable.

Suppressing the anger in his heart, although his expression was not kind, he explained very seriously, "Of course the quotation will be calculated according to Henry's wishes, and the subsequent price increase will be calculated.

As for leverage, 100 million or 2 US dollars is added to 1 billion or 2 billion, let alone which bank can complete the negotiation and sign the contract within an hour.

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

The manager of the VIP room who was being lectured nodded in annoyance and gratitude.

"Go and do your work," Li Changheng smiled and told the manager to leave. He wanted to swallow today's contract in one gulp, but it was unrealistic.

Although increasing leverage will give capital an opportunity to attack him, the futures game is nothing more than a game in which whoever has sufficient funds and whether he is on the right foot determines the winner or loser.

There is no shortage of capital itself, and oil prices will definitely rise.

But the key issue is that if the price of oil is raised too high, it will give US politicians and forces who dislike him an excuse to attack him.

At this time, the daily oil production of the United States not only did not rise from 4.6 million barrels in the previous year, but fell to 4.3 million barrels.

The reason is simple. The ten-year war has only paid, but has not received inflation. The income level of the middle and lower classes in the United States cannot keep up with the increase in commodities.

Although the per capita income has risen, the standard of living has declined. When the desire for consumption is not strong, the opportunities for companies to consume crude oil and for the public 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, and the demand for crude oil has of course decreased.

The 3 million barrels of crude oil imported every day not only eat up the market vacated by American oil companies.

Striving to maintain the price of crude oil below US$3 per barrel offsets the inflation rate of other commodities to a certain extent.

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

Moreover, in order to make more money, American oil companies are more willing to import foreign crude oil that is cheaper than their own production because of its low cost, compared to their own production.

Like Shate's gushing oil well, the exploitation cost is at least twice as low as that in the United States.

Let Li Changheng choose, also 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 layers cheaper than in Europe.

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

Therefore, the daily production of 4.3 million barrels in the United States is only worth 12.9 million U.S. dollars.

For a purchase of 1 billion or 2 billion, even if all the oil fields in the United States are operating at full capacity, it will take 2 or 3 months to deliver.

If the original crude oil consumption in the United States is also included, and only the crude oil futures with three-month delivery made in the United States are limited, it is impossible to establish a contract of 1 billion, let alone 2 billion.

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

So the first contract of 10 million US dollars is actually not small, and his purpose is nothing more than to tell the outside world that Henry Lee is optimistic about the price of crude oil.

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

In order not to really change the war that should have happened because of his appearance.

Of course, this possibility is actually not high.

In the past half an hour, he has actually figured it out. Since the Egyptians announced the drill today, there is actually no possibility of retreating.

After 7 days there is fasting, and as long as the people of Israel are still like another world, even the soldiers have a holiday.

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

After years of preparation and domestic discontent, a sneak attack was inevitable.

At 11:01, the exchange began to negotiate the price, but it still took 13 to 4 minutes to complete the contract of 10 million US dollars.

Needless to say, everyone must have known the news from the desert, and with Li Changheng's words, some people couldn't sit still and started grabbing futures contracts with him.

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

After scolding, Taylor didn't care about other shareholders who hesitated and waited and watched.

I walked to the phone, picked up the phone and gave the trader a 3 times leveraged trading order of 4 million US dollars and 3 US dollars per barrel.

This time, the $12 million bill took longer.

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

The price was instantly pushed back to around US$3, which also made everyone understand that some people must have added leveraged trading capital, and some people couldn't help but started shipping and cashed out.

"SIR, Ohio stockpiles shipped."

As soon as Li Changheng heard it, he knew that the government had used the reserves of crude oil to lower the price, which made him instantly decide to scare those decision makers.

Otherwise, even if the shareholders of Citigroup agree to his shareholding, if the agreement is to be passed, without the approval of the Federal Merger and Acquisition Commission, the matter will definitely be delayed for several months, or even years.

"10 million US dollars, 3.02 US dollars a barrel, three-month delivery", then looked at Taylor and asked, "I pledged the 200 million US dollars stored in Citigroup, how much leverage can you give me now?"

Taylor and the shareholders were taken aback, but quickly replied, "Ten times?"

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

The reason is simple, 50 times is equal to 500 million, and if you want to lose 200 million mortgages, it means that the price of oil has to fall from 3.02 US dollars to 1.804 US dollars.

This price is lower than the oil price 5 years ago.

If this is the case, not to mention the local tyrants in the desert, all oil companies in the United States will not agree.

It will definitely follow up and raise the price of oil, otherwise the labor and various costs at this time will make everyone wait in line to go bankrupt.

Take a step back.

With a 40% downside, when the oil price falls to $2, Citigroup has enough time to sell the contract.

Just use the 200 million US dollars to buy oil, plus the 133.2 million barrels of crude oil in Li Changheng's own hands, and easily return the 165 million barrels of crude oil divided by 500 million divided by 302.

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

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

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