Feng Yu sat in Wind & Rain Consulting's meeting room and looked at the big screen on the wall. Many brokers were sitting on both sides of the table, and they were also staring at the screen.
He Zhaoji and the rest were clenching their fists and mumbling softly. "Rise, rise, rise!"
On the screen was the price of Brent crude oil futures, which had reached 140 US dollars.
Feng Yu was calm. This morning, he had confirmed that the OPEC negotiations were still in a stalemate. That means the crude oil price will not stop rising.
Although there will be people selling at this price, there will also be people who will continue to chase up.
There are so many financial investment companies that can use high leverage. Even if the price rises by a few USD, those who are bold can double their profits!
"Wow!"
Everyone suddenly jumped up and cheered with their hands raised. This gave Feng Yu a shock.
The crude oil price finally broke through 140 USD. It seems like it will not fall today.
"Alright. Everyone, quiet down. The next few days will be the most critical period. The crude oil price may rise or fall, depending on OPEC's attitude. "
"We must be ready to increase short-selling contracts and start to settle our contracts. We will settle them slowly according to the leverage ratio. That's why everyone will be busier during this period. Unless there is something important, cancel all leave applications. When the crude oil price starts to fall, each of you will get an extra check as a reward! "
The crude oil price had broken 140 USD. This price was too high, and many countries were nervous. They cannot allow the crude oil price to continue to rise, or it will cause serious losses to their countries.
OPEC had been under economic sanctions during this period, and it must have suffered a lot. It is pointless for everyone to continue hurting each other, and everyone will suffer losses. It is better to discuss and take a step back.
Now, it depends on the US's attitude. The US wants to develop shale oil, and that's why OPEC started to resist.
Every time the so-called experts' safe line is broken, they will say that it is the final high, and it will fall soon. But every time, the price did not fall, and instead, it will continue to rise.
Now, there is a rumor that the crude oil price will rise to more than 160 USD per barrel, and many people believe it.
If everyone believed it and continued to chase higher, there might be a chance. But Feng Yu and the rest are prepared to withdraw, and some international consortiums will also gradually withdraw. The price of crude oil can only be driven by individual investors.
At this time, if there was bad news, the crude oil would fall and it would be impossible to pull it up!
From Feng Yu's point of view, this was the craziness of crude oil's surge. Then, the price of crude oil would definitely fall, but probably no one would have thought that crude oil would fall so hard.
Feng Yu didn't believe that there weren't a few big importers pushing for this. Your OPEC made us buy expensive oil, so now we will make your oil worthless.
Coupled with the crazy short selling by international speculators, it was normal for crude oil prices to plummet.
The fluctuation of the price would be more than 200 USD, and the profit would be several times higher. With leverage, the profits would be even crazier.
…
"Feng, can crude oil prices continue to rise?" Kirilenko called.
"It should still be possible, but not by much. Start the settlement and prepare to increase the short selling contracts. "
"Can we increase the leverage for short selling?" Kirilenko asked.
"Not yet. Let's wait and see how the situation goes. If the situation is good, we can increase the leverage. "
Just like when OPEC announced a production cut, they increased the leverage of the crude oil price increase contract to ensure that they could maximize profits under the circumstances of safety.
"Are we still going to short the US stock market?"
If crude oil prices fall, will a large number of investors withdraw from the stock market? Will they invest in the stock market? If this happens, the stock market will rebound.
"Continue to sell short. The US stock market will not rise. Don't think there are still a lot of shares rising now, but there are more shares falling than rising. The market is falling every week, right? "
"Also, you can ask your team to analyze the US banks, credit institutions, funds, etc. How many of them can hold on and how many cannot hold on."
"Didn't you notice there are companies applying for bankruptcy protection in the US every day? Some companies did not even apply for bankruptcy protection and went bankrupt. "
Speaking of this, Kirilenko was very excited. "Isn't that so? I can see companies going bankrupt in the US every day. This is so exciting!"
Feng Yu: "… …"
Kirilenko is overjoyed to see the US is in trouble.
"Oh, the Federal Reserve has another strategy. If crude oil prices fall, will USD rise? "
"No. We will continue to short USD and stop it from rising. The US needs USD to fall to let them dump some of their financial burdens. Now, they need USD to rise to increase the value of their funds. "
"They want the dollar to rise and fall when they want it to fall? You still have to ask if we agree or not! It's time for those US bankers to pay up! "
"That's right. They must pay up! Alright, I'll continue to dump USD and make sure the USD continues to depreciate so that they can't save the market! "
Actually, the more the government participates, the more the stock market will fall. When the government participates, it is a signal that the stock market cannot hold on any longer.
After that, many people will flee in panic. Even if they suffer losses, it's better than not being able to sell their shares. At this critical moment, money is the most useful, and shares cannot be spent.
The US government might want to save the stock market, but they need money first. The US government's money is invested in banks, cars, real estate, etc., and many of them are supported by European and Asian banks.
If it weren't for those banks, the US economy would have collapsed by now. The US's method of attracting foreign investments is starting to show its benefits.
If the US market collapses, the US will also suffer losses! If our USD depreciates crazily, then your foreign reserves will also be at a disadvantage.
"Brother Ki, you must keep an eye on them these few days. Also, if possible, you must get news about OPEC as soon as possible. "
Kirilenko also has connections in Europe, and he might get the news earlier than Feng Yu.
"Ok. I will get my men to find out. I had a drink with that Saudi Prince before. I will let you know when I get any news! "
… …
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