Rebirth of the Strongest Tycoon

Chapter 714 Long Oil Futures

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During this period of time, he bought and bought lavishly, and the funds flowed away like water.

It's not enough to bleed without replenishing blood. An opportunity that he has been eyeing for a long time is about to appear, and it is about huge profits, and he is about to go north, so Xia Yu can't help it.

When he came to the Galaxy Fund, Xia Yu summoned Xia Yu, who was able to do it, and asked about the specific situation.

In the conference room, Liu Xiao introduced: "Boss, according to the feedback from Xue He, Song Yang and others from the United States, the $400 million brought to the United States has been leveraged tenfold, and the total $4 billion has been fully purchased for oil. Futures, an average of $20.40 a barrel of oil.”

"The whole process took two months and eight days. Now the daily trading volume of oil futures on the New York Mercantile Exchange has exceeded 50,000 lots, and the average daily trading volume has exceeded one billion US dollars..."

After listening to Liu Xiao's introduction, Xia Yu's mouth was slightly raised, and he was in a happy mood.

"Yes, let Song Yang, Xue He and others continue to stick to it after the meeting. If they have nothing to do, they can improve the branch in New York and do more research on New York's financial market. It will be very beneficial to them!"

"Okay, I will definitely convey your words to them!"

Liu Xiao responded immediately.

This time, Xia Yu was eyeing the international crude oil futures market and planned to make a fortune.

From the end of last year to the beginning of this year, Iran stopped exporting oil for 60 days due to political turmoil. Xia Yu also hyped up the international gold price.

At that time, it was because the timing was immature that the New York Mercantile Exchange officially listed oil futures contracts in November last year. At the beginning of the market opening, the plate was too small, and Xia Yu had to give up long oil futures.

But it's different now, it's been almost a year.

The size of the oil futures market on the New York Mercantile Exchange has expanded by an unknown number of times. The average daily trading volume has exceeded 50,000 lots, which is equivalent to a daily trading volume of 50 million barrels. According to the current price of more than 20 US dollars per barrel of oil , the average daily transaction volume reached one billion US dollars.

The market has expanded, of course Xia Yu will not ignore it anymore.

Because he knows that according to the historical trajectory, a practice that will shock the world will occur, that is, the Iranian hostage crisis.

Just earlier this month, despite protests from Iranian authorities, the United States

Allowing the former Pahlavi to go to the United States for medical treatment once again aroused strong dissatisfaction among the Iranian people against the US government.

The U.S. government never imagined that on November 4th, a group of Iranian students would storm the U.S. embassy in Iraq and kidnap 63 embassy personnel.

This is undoubtedly a slap in the face to the face of the United States of the world police.

In order to maintain the dignity of the United States as a great power, then-President Carter will announce on November 12 that he will no longer import oil from Iran, and will freeze all Iranian accounts and deposits in the United States on November 14, with a total of $8 billion in assets.

In response, Iran also announced an oil embargo on the United States.

What happened in just over ten days will cause the global oil supply and demand relationship to fall into chaos, which will spread panic throughout the market.

In order to prevent possible oil shortages and price hikes, users in western oil consuming countries frantically snapped up oil and increased inventories, resulting in three million barrels more oil than usual a day, thus exacerbating the oil shortage situation.

In addition, in September next year, the Iran-Iraq war broke out again, and the oil production in the Gulf region decreased again, which further pushed up the international crude oil price.

At the end of last year, the international oil price was only 13 US dollars a barrel, but it has risen to 20 US dollars a barrel.

Xia Yu is very clear that this is far from the upper limit of international oil prices. By the end of the year, international oil prices can rise to the point of forty-five dollars to fifty dollars a barrel.

With such a good opportunity, you only need to buy oil futures now and wait a year to create a profit of four or five billion US dollars. This kind of good thing can't be found even in a lantern!

If the opportunity to accumulate capital by overtaking in such a corner is missed, then Xia Yu has failed too much as a rebirth.

There are more places to spend money in the future, and he has to plan ahead and dig holes everywhere.

The profits from harvesting international gold at the beginning of next year will be enough for him to squander for a year, and he will be able to refill the ammunition in time by the end of next year to harvest the profits from international oil futures.

After instructing Liu Xiao and others, Xia Yu finally left in peace.

November 1st, with clear skies, is a good day to travel.

Xia Yu, dressed in casual clothes, quietly got on the ship going north with his master Li Chunqiu and a group of subordinates.

This time, Xia Yu had already communicated about going north, and it would not be a big fanfare. The name was to check the operation of the company in Pengcheng. The general itinerary was also set, and it was also to facilitate the arrangement of personnel in the mainland.

When he got off the boat and set foot on Pengcheng, Li Chunqiu couldn't help but burst into tears.

"I finally set foot on this land again..."

Hearing Li Chunqiu muttering to himself with fluttering white beard, Xia Yu felt emotional.

"Father, the motherland welcomes you back!"

An accompanying staff member said smartly.

"thanks!"

Li Chunqiu said gratefully.

After feeling emotional, Li Chunqiu packed up his mood and followed Xia Yu to the welcome lunch prepared by the local.

After the luncheon, Xia Yu and the others began to split up and act according to their original work arrangements.

Among them, a group of people, including Zhang Gufeng, general manager of Taiji Pharmaceutical, and Wang Bowen, general manager of Yangshengtang, went to Yunguiqian and other places in turn to find a suitable place to build a Chinese herbal medicine planting base.

There are also a group of people who are scattered to various parts of the mainland to purchase ancient Chinese medicine prescriptions, trying to get as many ancient Chinese medicine prescriptions as possible before the islanders.

And Xia Yu, before he had time to inspect his foundation in the mainland, followed the impatient Li Chunqiu to Wudang Mountain.

When he arrived in E Province, he was inevitably blocked again, and Xia Yu had to eat another meal despite his hospitality.

During the banquet, Xia Yu took the opportunity to learn about the situation in Wudang Mountain.

In the afternoon, accompanied by the staff, Xia Yu and others finally started climbing.

Just starting from the foot of the mountain, the dilapidated and disrepaired railings and statues made Li Chunqiu look ugly.

On the contrary, Xia Yu was mentally prepared and knew why Wudang Mountain was like this.

Walking along the stone steps, there is no pedestrian on the road, which looks very desolate.

It is far from the splendid scenery of the Wudang Mountains in later generations.

"Isn't there any plan to allocate funds to repair Wudang Mountain?"

A flash of thought flashed in Xia Yu's eyes, and he asked the staff accompanying him as he walked.

The staff was very embarrassed and explained hesitantly: We have already applied locally, but there are too many places in the country that need money, so we are not sure when it will be approved. "

Xia Yu nodded slightly, glanced at Master's ugly and sentimental face, and a thought appeared in his heart.

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