Chapter 286: Gulf War

Although Yanhuang's action of shorting crude oil futures is secretive, it is still noticed by some people with intentions. A few people chose to believe in Yanhuang Investment and followed the short crude oil futures, some hesitated and withdrew from the crude oil futures market, and many more people were dismissive, believing that the success of Yanhuang Investment last time was due to luck, and it would soon destroy the myth they had created. No matter what the outside world says, it has nothing to do with Zheng Yan.

On 17 January 1991, when Iraq refused to implement the Security Council resolutions, the US-led multinational forces launched direct air strikes against Iraq, bombed Baghdad, and launched Operation "Desert Storm," marking the outbreak of the Gulf War.

Although the U.S. government had announced before the war that it would use its strategic oil reserves to stabilize crude oil prices after the outbreak of war, due to the impact of the war and the fear of oil shortages, crude oil prices began to rise after the exchange opened.

"Oh, how could prices go up so fast. ”

Although Bill Miller did not interfere with the shorting of crude oil futures, he has also been paying attention to the price movement of crude oil. Looking at the skyrocketing crude oil prices, he was also restless.

Zheng Yan can not care about his 1.5 billion US dollars, but Bill Miller can't not care about the 3.5 billion US dollars invested by Yan Huang, which is the funds he has managed to raise, once the investment fails, it will be a fatal blow to Yan Huang Investment, whether it is economy or prestige.

"Bill, should we call it a halt? If we stop now, we will have to bear a lot of losses, but we are still within the acceptable range. If things are allowed to continue like this, the money invested this time is likely to be lost. ”

Leslie also felt terrified when she saw the curve of crude oil prices.

Bill Miller also considered in his heart that closing the position in time could indeed stop the loss, but there was no chance of turning the tables, and he still had a trace of luck in his heart. In addition, Zheng Yan once told him that it was best not to interfere with this operation and let the person in charge of the project decide for himself, although it was just a suggestion, not an order, but he was not easy to disobey.

Zheng Yan wanted to take this opportunity to train his troops, and Bill Miller knew this very well, but thinking about the possible price, was it too great? After comparing the two, Bill Miller felt that things might turn around. If Zheng Yan cultivated Sally Clauchek in the past, then it is completely impossible to use 3.5 billion US dollars to train the company's employees, and no boss will pay such a big price.

"Let's go, let's go, let's give ourselves a day off. Since Zheng Yan wants them to deal with it themselves, I still don't interfere. ”

Every time the price of crude oil rises a little, Yanhuang Investment will lose a lot of money, Bill Miller doesn't know where Zheng Yan's confidence is, but he can't stand it anymore, and he leaves the company directly with Leslie.

Sally Kraucek, who was in the castle, also looked nervous, but instead of paying attention to the curve of the change in crude oil prices, she stared at the phone, as if waiting for some news.

"Sally, the price of crude oil has risen by a dollar, and now we've lost $400 million based on the leverage we've activated, should we close some of our position? ”

Hearing Brie's suggestion, Sally Clauchek was also a little moved.

When Bill Miller was helping Sally Clauchek choose an assistant, he deliberately added Brie, a veteran investor, in order to give her some advice at a critical moment.

"Brie, let's wait a minute, this is just the beginning, that's why it's going up so fast, but I'm sure it's not going to last. ”

The U.S. government's announcement yesterday on the use of strategic crude oil reserves shows the U.S. government's determination to stabilize crude oil prices, which is also the most important factor supporting Sally Kraucek.

Although Brie felt that Sally Klauchek's choice was unwise, there was nothing he could do, and his responsibility was only to give Sally Klauchek advice, and not to make a final decision.

Zheng Yan only showed up once when the staff stayed in the castle, and never cared about it again. At the first time when the war broke out, Zheng Yan still did not show up, and he wanted to see how far Sally Kraucek could go. But after careful consideration, Zheng Yan still walked towards the office, he was afraid that the pressure of this time would crush Sally Croucek.

Zheng Yan's sudden appearance did not cause any waves, and everyone continued their work, while Sally Kraucek was still staring at the phone. Zheng Yan, who was snubbed, was not angry, but was very satisfied with everyone's work attitude.

Zheng Yan took a look at the curve of crude oil prices, and then found a place to sit down.

"Jingle bell..."

The silence in the room was shattered by the sudden sound of a phone ringing.

Sally Croucek, who had been sitting quietly, picked up the phone as soon as she heard it. No one knew what news she had gotten, but the solemnity on Sally Croucek's face was noticeably lighter.

From the time Sally Kraucek received the first call, every once in a while, a new call came in, and the expression on Sally Kraucek's face became more and more relaxed.

It turned out that as soon as Sally Kraucek accepted the assignment, she contacted her former colleagues from Fortune magazine. For all changes in the economic field, the first to get the news is naturally the major media, and Fortune magazine, as one of the world's well-known magazines, is naturally more well-informed than other media.

Sally Kraucek is convinced that the use of the strategic crude oil reserve is only the first step of the US government, and there will certainly be further actions. Although she can't guess what it is, she can gather these messages to increase her confidence.

Sally Kraucek stared at the phone and waited for the news. Although she didn't know much about investing, she knew how to use it to her advantage, and the results didn't disappoint her.

After the Gulf War began, several major oil companies in the United States, such as Exxon, Mobile, Chevron, Atlantic Tomita, and Continental, immediately announced that they would freeze oil prices at the pre-war level, thus preventing the US domestic oil prices from rising explosively with the start of the war.

Next, the major oil companies in Europe also announced that they would not raise oil prices because of the outbreak of the war, and that the prices would remain stable at the level before the outbreak of the war.

Although Zheng Yan didn't know where the call came from, he could guess some, and while he sighed that Sally Kraucek was smart, he was much less worried about her.