Chapter 741 The battle to fry oil futures begins
"Hello, everyone, the day before yesterday, in southern Chobam, the British intelligence agency arrested an Iraqi man, claiming that the Iraqi man had participated in a espionage activity in the UK. Although the UK did not announce any espionage activity, the outside world speculated that this activity must be related to the Royal Armored Research Institute in the small town of Chobam. However, so far, the British intelligence agency has not made any comments on it. However, because the UK seized Iraqi people, this has caused strong dissatisfaction from Iraq. The Iraqi ambassador to the UK has passed twenty hours after expressing strong protests from Iraq. The British side did not give any reply.
It should be that the detained Iraqis were not released. In response, the Iraqi government issued a statement at 8 o'clock this morning. Given that the British actions seriously damaged their friendly relations with Iraq, Iraq decided to recall their ambassador to the UK, and at the same time expelled the British ambassador to Iraq, reducing the relationship between the two countries to the level of agency. Now behind me is the British embassy in Iraq. You can see that the ambassador of the embassy is now walking on his vehicle and preparing to return to China on a British Airways flight. This is the report sent back by AFP on the scene." A female reporter posted a live broadcast in front of the camera on the streets of Baghdad.
Because Britain wants to seize Iraqis, President Kusai was very angry and still did not receive a response from the British after 24 hours of protest. Kusai decided that for such a rogue country, he would make such a decision to let them leave their own country.
At the same time, Iraq decided to increase mandatory tariffs by 100% from various goods exported to the UK to Iraq.
When the news was released, it immediately attracted the concern of countless people.
Iraq's move can be said to be a brutal one. Before this, only developed countries came up with this set to disperse diplomats and impose mandatory tariffs. Iraq actually used this trick against the United Kingdom, which made the world feel that Iraq's back was already standing up.
Britain and Iraq have begun a new diplomatic conflict.
However, this diplomatic conflict did not seize the commanding heights of the news. Just today, I don’t know how many people beat their chests and stamped their feet. I sighed that they had lost such a good opportunity.
Once the decline in oil prices begins, it seems like there is a magical power. International oil prices actually fell below the forty-dollar mark, reaching thirty-nine dollars, and at noon that day, it fell to thirty-five dollars.
Looking at the decline in oil prices, the most happy thing is the United States. I remember that I can finally use low-priced crude oil this time, which will stimulate the growth and prosperity of various domestic industries and the economic situation of the United States. It also needs to start to improve. This time, putting pressure on Saudi Arabia and Kuwait has a good effect.
However, in this context, some economists are beginning to worry because oil prices are falling too fast, and there seems to be something wrong with this. It seems that some people are manipulating oil prices, but they are just worried.
A war without gunpowder began in an ordinary investment company located in Hong Kong.
If they want to make oil prices fall rapidly, they have to keep selling oil futures. In the past two days, they have been in front of the computer for twenty hours every day, constantly buying oil futures, and then constantly selling out that Hong Kong's developed economic and stock futures market can allow them to operate oil futures located in various countries, including the United States and Europe, through countless accounts.
"General Manager, we have been operating like this now and have been losing money. We have now lost 15% of the amount. Is this OK?" Zhang Manyu asked Sarah, holding a folder tightly with her hands and looking at the calm backstage boss.
Fifteen percent, it seems that there are not much losses, but its base is nearly 20 billion US dollars, and it has lost 3 billion US dollars. Even if all Hong Kong companies are sold, they cannot sell so much money. What's more, these funds will be used to operate through the operation of the market, such as using part of the funds as collateral and borrowing again, and other operations, and they can obtain several times of operating funds. What they can actually operate has reached 100 billion US dollars.
Sarah had already taken off her very cumbersome Arab costume at this time. In an international metropolis like Hong Kong, she was both energetic and capable in wearing the same clothes as those working women.
However, compared to the beginning, Sarah had shed the last hint of shyness on her body, because she was no longer a big girl, she finally became a woman, a woman of the great hero of the Middle East, and in the future, she would become his wife. Deep in Sarah's heart, there was a sense of tenderness.
"We don't need to worry about this. We need to continue to do this to make the oil price lower so that we can buy at the bottom and then earn more. Now, we are just waiting for this opportunity. If Man Yu wants to succeed, then we must be willing to invest, especially at this time, keep calm." Sarah said.
Zhang Manyu remembered the calm and composed command of the little bearded man from the Middle East last time, and gradually felt relieved. This time, he would definitely succeed as last time!
Sarah was actually not sure. She was not worried about Kusai. She was just worried that this time, oil futures trading requires several prerequisites. Saudi Arabia and Kuwait can control it, but what about other countries? Can they control it?
Thinking of this, she felt relieved. She knew that her man was the strongest, and as long as he said, he would definitely do it.
"The futures price has dropped to thirty-two dollars. It seems that it can fall below thirty dollars today." said a trader.
Thirty dollars! This price is already the psychological bottom line. Now, it’s time to act?
Latin America.
In the north of this place, there is a country famous for its many beautiful women. A small country with a population base of only 26 million has won more than 60 international beauty pageants, including Miss World 5 times, Miss International 5 times, and Miss Universe 6 times. It has created miracles in the world. There is a popular saying here: If it is not beautiful, then it would rather die. If Sister Furong and Sister Feng came to this country, they would definitely be rats crossing the street and everyone shouted to beat them.
And here is even more famous for producing oil, and this country is Venezuela.
Venezuela is one of the world's important oil producers and exporters and one of the four founding countries of the Organization of Petroleum Exporting Countries. Its conventional oil exploitable reserves are 77.68 billion barrels, ranking first in the Western Hemisphere and fifth in the world. However, this country is not peaceful, and insurgency and violent conflicts sometimes envelop this country.
The originally normal western Malakaibo Lake area is the main oil-producing area, but it was suddenly patronized by the ** armed forces. In order to force the government to release a major leader they were arrested not long ago, they took violent measures to destroy several oil wells here. However, the government did not compromise, so they made a means to influence the world's oil and destroyed an important oil pipeline here.
Venezuela produces more than 2 million barrels of crude oil per day, but the oil pipeline has been damaged, and more than half of this oil cannot be exported for the time being.
Meanwhile, on the other end of the earth, Baghdad.
"President Kusai, our actions can begin," Yurid said.
Venezuela's oil pipeline has just been destroyed and the news has not been publicized yet. However, Iraq has already received the news. Starting with this, the 20 billion US dollars invested finally began to gain.
"Mexican oil workers are about to hold a week-long strike to protest the government's wages are too low," Yurid continued.
The matters of these two foreign players have been completed, and the remaining Iraq, Saudi Arabia, and Kuwait will be resolved easily.
World oil prices will rise and fall under their own deliberate push. After this rise and fall, a group of international speculators will drown.
"Notify the Hong Kong side that we are going to start the action," said Kusai.
"News from the Middle East have come from, and our actions will begin immediately." Zhang Manyu came in from outside and said in an anxious tone.
Can you start? It's very fast. Sarah looked at the highly nervous traders and said, "From now on, buy all the oil futures in the world, both short-term and medium-term!"
After investing so much, now he finally started to gain something. In an instant, Sarah felt a trance. The man she loved could come up with such an idea. How many speculators' pockets would be hollowed out by him!
The traders' fingers kept jumping on the keyboard, and the crude oil futures markets of various countries had fallen into their hands one by one. It was at this time that the crude oil futures price finally hit the limit.
In the morning, the world's biggest news was probably the diplomatic conflict between Britain and Iraq. Now, the conflict between the two sides has escalated. In Baghdad, the capital of Iraq, all citizens holding British passports have been questioned by some secret police, which made the British side express strong protests, which is an insult to the British Empire! Unfortunately, Iraq ignored it and continued.
However, now, this news is no longer very important. They are all looking at another news. A conflict between government forces and armed forces occurred in Venezuela. The conflict occurred in the Malacaipo Lake area, which is a major oil-producing area. The conflict caused an important oil export pipeline to be destroyed. Venezuela is currently actively working hard to restore oil exports as soon as possible.
Shortly after this news was released, news of oil workers' strikes came from Mexico, and Mexico's oil exports were also greatly affected.
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Chapter completed!