Chapter 637: Prey Becomes Hunter
"Buy!"
Before Davis could finish speaking, someone across from him responded to his deal. Pen & Fun & Pavilion www.biquge.info
"Arab Oil Company, 5,000 lots to buy!"
The speaker's English is somewhat non-standard, but there is no problem with semantic expression and fluency, and the person who hears it will definitely be able to understand exactly what this professional English phrase means.
In the circle trading of the London Petroleum Futures Exchange, one lot refers to 1,000 barrels of standard light oil. In other words, Davis has just sold a full five million barrels of oil.
At a price of 27.99 per barrel of oil, this is a transfer of 140 million dollars in an instant.
And the object of the transfer is Shun Watanabe, who is looking at Davis with wide eyes with high interest.
That's right, the so-called company with the name "Arab Oil Company" is actually a Japanese company.
AOC is not only a Japanese company, but also the largest energy company in Japan. It owns one of the focal points of the Gulf War, the Haifji oil field, which is located on the border between Kuwait and Saudi Arabia, and is a large oil field with a daily production capacity of 300,000 barrels of oil.
AOC owns 80% of Japan's production in foreign-invested oil fields!! (MISSING) (MISSING) supplies 7.5% of the whole country!! (MISSING) of the (MISSING) energy supply. What is surprising is that Japan is the third largest donor after the United States and Germany in terms of aid to Middle Eastern countries.
Needless to say, the recipients are all major oil-producing countries in the Gulf region. With this influence, AOC is becoming one of the world's most important energy giants.
For Japan's energy structure, the Kuwaiti Gulf War was a disaster from heaven. The location of the Khafji field is in the area of engagement, and the threat of war is not whether there will be fighting, but when......
In this case, in order to hedge the risk, AOC naturally had to go long in the futures market and pass on the losses caused by the war to the rise in oil prices.
The largest long market maker in the entire oil futures market is the Japanese consortium represented by the Arab Oil Company behind Watanabe.
When Davis received Fang Jiange's order and began to buck the trend and release the huge amount of oil futures chips in his hand, the happiest person was Watanabe Shun, who was sitting opposite him.
The sale of 5,000 lots of December 1990 light oil futures contracts did not even cause a ripple in the market price. But among the inner circle trading brokers of the London International Petroleum Futures Exchange, it is a very obvious signal.
The reason is simple, this is the first time since the beginning of October that there have been sell orders of this magnitude in the oil market. Davis's identity and the amount of transactions make people wonder if it means that the bears in the market are starting to appear.
Thinking of this possibility, the noble inner trading brokers couldn't help but get excited. After all, any transaction can only be done by buying and selling, and it is true that the price of oil has increased rapidly since the Gulf War, but because of this, everyone expected that the price of oil would rise because of the war. With the oil futures in hand increasing in value every day, who will easily sell these hens that lay golden eggs?
That's the problem, when the price of oil rises, it's always hard to buy futures contracts from someone else. When the price of oil falls, it is also difficult to sell the contract at a satisfactory price, and it is such a mechanism that discovers the price of the goods.
For these reasons, one can imagine what Davis, who suddenly began to release his inventory in the eyes of everyone, meant to the brokers - it was simply a mobile vault.
Watanabe's reaction was admittedly quick, but the other agents were by no means stupid. As soon as Davis's first deal was completed, all eyes were on him like a vulture.
Still a fist raised in the back of his head, Davis continued unhurriedly into his own rhythm: "9012 issue 5,000 lots of light oil, sell." ”
"28.1, Buy!"
Like a tiger guarding a calf, Watanabe swept his fierce gaze over the faces of all the traders in the inner circle, declaring his unshakable determination with a price increase of 0.2 cents.
Just between the two changes of hands, the difference in the value of the same two batches of goods has exceeded the wealth accumulation of the vast majority of earthlings in a lifetime.
As if he was a little impatient, Watanabe Shun stared at Davis, who was in the old god, and said word by word: "Mr. Davis, how many chips do you have in your hand? ”
Davis shook his head and chuckled, as if mocking Watanabe's incompetence.
"9012 5,000 lots sold, $28.4. ”
Davis was not easily suppressed by Watanabe's strength, and still released his chips at his own pace. This price has exceeded the current oil quotations in the market, and many traders can't help but hesitate.
Davis saw that no one took over for a while, so he turned to Watanabe and said, "If Mr. Watanabe is interested, I can give you 100,000 lots of 9012 light oil." For more than $30, I can give you all the chips from both the new and Grummen. ”
Watanabe's face changed, and he returned to his place with a cold snort, silent.
How many chips Xinke and Grumman have in their hands cannot be hidden from these inner circle traders and professional energy giants. A year ago, no one thought that an electronics company or a military industrial group would start to build a long position at least a year in advance, as if they had foreseen a war in the Gulf region at that time.
Although Xinke and Grumman are not professional energy companies, their capital is indeed very strong. Together, the two companies hold oil futures contracts of at least $15 billion, which is by no means something that the Arab oil company behind Shun Watanabe can eat.
In fact, if it were not for the lifeblood of the world economy such as oil, it would be very likely that the futures market would not even be able to accommodate such a scale of funds.
Davis's price of thirty dollars is at least two dollars above the current oil price, which is not a fluctuation of around twenty cents, and this is already a situation that Watanabe must be careful about.
But while he was hesitating, Jean Fontaine, a trader at Total's Petronas, was already one step ahead of the curve, snatching the 5,000 lots of oil futures contracts from Davis.
However, neither the Japanese, nor the French, nor the rest of the inner circle traders noticed that the Americans on the London International Petroleum Exchange were not as active as they appeared.
Representatives of the American oil giants, such as Exxon, Mobile and Chevron, secretly make eye contact with each other, and can always slow down the battle for Davis's contract.
So much so that the Japanese and Europeans frequently celebrated each other at this feast, and the eyes of their American counterparts were full of pity.
In the 9012 issue, the oil futures contract for December 1990, Davis "dumped" 30,000 lots into the market in just half an hour. Stimulated by such a rapid change of hands, the international oil price even dropped from $28 to $27.6.
But that's about it.
The price of oil is like a big fat man who has just used an aperitif, burps a little, and then is ready to start again.
By the end of the day, oil prices were not just back at $28, but even rushed all the way to the $30 mark.
As it turns out, this is just the beginning.
Watanabe was stunned to see that under the stimulation of the huge number of sell orders, the price of oil futures rose by leaps and bounds. Thinking of Davis's $30 "round" proposal again, my bowels were blue if I had to regret it.
If he had said "OK" at that time, he would now be a legendary trader who has generated at least half a billion dollars in profits for the company.
Unfortunately, there is never a "what if" in the financial markets, and after the market is trading at a price of $30, Davis will never make such an offer again.
As the bell rang for the closing of the market, the crowd of people who were focused on taking stock of their earnings slowly dispersed, whether it was a European trader who had made a lot of money or a dejected Watanabe.
No one noticed that the three inner-ring traders in charge of the U.S. energy company had reunited in a secluded private club after they had dispersed.
"News leaked?"
Exxon's trader Vincent had a wine glass in his hand, but he was not in the mood to drink at all.
Although the floor-to-ceiling windows are open to endless forests and grasslands, the scenery is pleasant and there is a pleasant sunshine. Except for one person in the hall of the private club
The female musicians who play the piano are the only three of them to be traders in the inner circle of American companies.
However, even in such a beautiful and comfortable environment, the three people sitting around the table did not have the slightest expression of enjoyment on their faces.
"No way. Thomas, a trader at Mobile, hummed and poured another glass of wine for himself, and after taking a big sip, he said gloomily: "Unless Hu Wenhai installed a bugging device in Bush's head, where did the Chinese know about this news? Grumman and Xinke's more than 15 billion orders have long been in our sight, and the news blockade is the most important thing, and there can be no mistakes." ”
The Americans in the Gulf War, on the surface, Europe seemed to be allies of the US military. On the economic battlefield, however, the Americans are fighting with a different idea.
Europe and Japan, in fact, have long been regarded as the pockets of the US energy conglomerates, just waiting to harvest a wave of heads in the oil market.
And now there are two predetermined prey on this list of prey, and suddenly they turn into hunters. How can the Americans not be annoyed by the fact that they showed their shotguns to Europe and the Japanese before the American energy conglomerates?
PS:
First of all, I would like to apologize to our readers, but this month's update of Fat Week is likely not guaranteed.
Smile bitterly, in fact, the name Fat Zhou is a bit unworthy of the name now. When I wasn't looking, about a month after the year, I lost at least twenty pounds or more. It was supposed to be a good thing, but I didn't actually control my diet and didn't exercise much. After the Chinese New Year, a skin infection on the body was always bad, so I was prescribed some medicine in the hospital to treat it. Who would have thought that methylprednisolone tablets turned out to be a hormone ingredient, plus the physical foundation in the past two years was really bad, and he actually got an incurable disease in a trance, and the moment he knew the news was really a bolt from the blue, and he felt all kinds of feelings in his heart.
When I learned of the condition, the condition was already quite serious, with a blood sugar of more than 18 and an average blood sugar of at least 22 in March. Blood lipid 14, the problem of three highs even the doctor is frightened.
The specific condition of Fat Zhou recalled that there were signs from half a year ago, but unfortunately at that time, he was only lacking in energy and did not pay much attention to it.
However, when I was checked, I learned that the ketone poisoning in the blood was already very serious, and I had to drink more than five liters of plain water every day in order to detoxify. During these days, none of the fingers on the hands of blood collection and infusion were intact, and the back of the hand was covered with needle holes. Pricking one's fingers with a needle is a challenge to one's instinct for self-defense. For me, who was afraid of pain and dizziness since I was a child, it was better to live than to die.
However, the doctor admits that if he does not get treatment quickly, his life may be in danger at any time.
When I was a child, one of the most common words of my homeroom teacher was, "I don't have the energy to quarrel with you, I teach you four plus signs every day, and you don't know how I feel at all!" Yes, I really didn't know what it felt like at the time, but I really didn't expect that one day, when I was so young, I felt the feelings of the primary school homeroom teacher who was about to retire......