OPEC's announcement of production cuts is out of everyone's expectations.
Of course, Feng Yu had expected this to happen, and the US, Hua Xia, and other major countries had also analyzed this possibility. But they did not expect it to happen so soon.
When this news was released, crude oil prices stopped falling and started to rise rapidly. On the same day, it returned to 95 USD.
Kirilenko is scolding his brokers. "Did you all see this news? You all know what this means, right? You all are professionals. Who can explain it to me? "
Everyone kept quiet. They had never expected OPEC to announce all its member countries to reduce production!
Why didn't they do anything about this before?
When Iran announced their production cuts, Saudi Arabia and the other countries did not say anything and even said it has to do with the country's economy.
How long has it been? Why did you all suddenly reduce production without any warning?
"You all are experts in the financial industry, and some of you are even university professors. You all are good at your professions, and some of you are arrogant. This is understandable. "
"But you all must listen to suggestions and opinions. Don't be too arrogant! Don't think other than you all, no one else is worth mentioning. You all dare to question Feng's decision? "
"What did I tell you all in the past? Feng promised me that crude oil prices will rise above 100 USD, 120 USD, or even 140 USD."
"What about you all? What's the look on your faces? You all might not say it, but you all are doubting Feng in your hearts, right? Do many of you still think Feng is lucky to become the World's Richest Man? "
"What about now? Do you all still think so? Who else thinks crude oil prices will not rise above 100 USD? "
After Kirilenko said this, no one dares to retort.
OPEC had announced a production cut, and based on the supply and demand relationship, crude oil prices will also rise. Not to mention, after this news came out, there would definitely be a lot of consortiums pouncing over like cats smelling blood.
Even if crude oil prices rise above 120 USD, it is still possible, and it will depend on when OPEC resumes production.
Kirilenko also said that Feng Yu had analyzed the crude oil price to exceed the 140 USD mark. Although they were still skeptical, they did not dare to say anything.
Feng Yu's reputation as the God of Finance was well-deserved. A year ago, they already came to this conclusion?
They had also found out the specific reason. It was because the shale oil produced by the US had harmed the interests of OPEC. The shale oil technology had been mentioned a few years ago, but no one had taken it seriously.
Even when the United States announced a major technological breakthrough some time ago, they didn't expect this. From this point of view, their analytical abilities were far inferior to Feng Yu's.
After Kirilenko reprimanded his subordinates, he comforted them. After all, these people were easy to command, and they couldn't be replaced at this time.
"No matter what, our profits in the financial market this year will definitely not be low. When the New Year comes, each of you will receive an extra check so that you can buy some nice New Year gifts for your family. "
"Now, according to Feng's instructions, we can reduce the number of hedging contracts. The price of crude oil cannot be stopped!"
… …
"Boss, have you seen today's international news?" Drucken Miller asked.
Soros is not looking good. He felt the price of crude oil will not continue to rise and will fluctuate between 90 USD to 100 USD.
Although they are strong enough to make money, they still need to hedge their contracts, and their profits will not be high. Gold, on the other hand, was different. It would definitely continue to rise amid the fluctuations. Gold prices would definitely rise by 50 USD or even more.
But at this time, OPEC had announced a collective reduction in production!
How can they reduce production? How can the US, Hua Xia, Japan, etc. agree to this? Is OPEC not worried about the sanctions imposed by these major countries?
To Soros, these major countries can accept the price of crude oil rising slightly, but it must not exceed a certain benchmark. In the past, many people thought 80 USD is the benchmark. But later, they felt 100 USD is the benchmark.
However, no one thought that the price of crude oil would exceed 100 US dollars. Many people even believed that within three months, crude oil would fall back to below 80 US dollars. Those big countries would definitely intervene in the market.
But before those big countries intervened in the market, OPEC made a big move first, which was like giving the crude oil futures market a shot in the arm!
Now, even those who are not in the financial industry know crude oil prices will rise.
Also, they do not know when OPEC's reduction in production will end. As long as it is not over, crude oil prices will not stop rising.
Soros also knows the reason why OPEC will reduce production. It is to fight against the US shale oil.
Now, the pressure is on the US, and the US still has to face pressure from Hua Xia, Japan, and other countries. At this time, the economy of the United States needed the help of other economic powers. Suddenly, this matter appeared. The economy of the United States was bound to deteriorate further.
Actually, this is a good opportunity. Soros quickly analyzed the US financial market will crash, and USD, stocks, funds, bonds, and even futures will fall.
At this time, Soros's 3D investment strategy is the most suitable. If this happens in other countries, he will make high profits.
But he is an American, and if he leads the US to do this, his life will be tough.
This is a good opportunity for him to make money, and he cannot miss it. So, he thought of some countries that have close economic ties with the US, like the UK or Japan.
Those countries' financial markets are also open, and this will help him a lot.
But this is a matter for later. Now, Soros faces two choices. Continue to invest in gold futures, or go back to investing in crude oil futures.
If it is for his reputation, then sticking to gold futures is the right choice. But it is obvious that the profits from crude oil futures are higher. The increase may be more than 20%, and it might even reach 40%. If he uses leverage, he might be able to double his profits!
Soros ordered. "Zhu Ken, adjust our investment ratio. Increase the amount of crude oil, and reduce the amount of gold, stocks, etc. Get our men to pay attention to Japan's financial market. Our next step is to go there and make a fortune! "
… …
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