Liu Yi found Tian Dongliang a Chinese computer, and there was no place to put it, so he installed it on the railing of the corridor on the second floor, and he crackled and typed.

The staff in the office of the Pan Asia Fund were already busy, and after a few minutes, as if they had forgotten Tian Dongliang, they regarded him as an ordinary decoration in the corridor.

And in just a few minutes, the sharp fluctuations in oil prices have made countless people uneasy.

There are those who believe that the price of oil will plummet as a result, and there are those who believe that the value of $15 is seriously deviating from the value of crude oil, and most traders are ready to choose sides.

The oil price that fell from $18 to $15 in an instant is certainly abnormal, and such an opportunity is not encountered once in a year or two.

Or bet more, or bet short, whether it is an independent businessman or a financial institution in the exchange, will make a choice, even if the investment is not much, after this gamble, may also obtain rich returns, except for some institutions specializing in hedging, most people are ready to move.

Listening to the sound of people's "snorting" in his ears, Tian Dongliang seemed to be a tractor full of power, and in a short time, he knocked out thousands of words.

The scene in front of you is fascinating for anyone in the financial industry.

Perhaps, even if you are not in the financial industry, you will be fascinated by those flowing rivers of gold.

Except for the crude oil futures exchange, except for this special time, it is rare to see such a turbulent golden river.

Tian Dongliang only felt what he breathed in his nose and heard in his ears. What you see in your eyes is with thick black edges, shining bright yellow.

"$15.12. "In the office behind me. There was a man in Mandarin who shouted loudly.

"Xiao Liu, you go and inform Su Dong, and the others continue. Qi Xiao also came out of the room.

Tian Dongliang stroked the keyboard, saved the document, looked up at the large electronic screen, and it turned out that the October crude oil contract fell to $15.12 first. And there is a downward trend.

"It's falling so fast, it's weird. Tian Dongliang muttered, and then saw Su Cheng staggering upstairs.

"Su Dong. Tian Dongliang immediately got up to say hello. He had too many questions to ask.

Su Cheng glanced at the computer curiously, nodded and said, "It's just right, it's time for the counterattack, you can come in and listen to it." ”

"Counterattack?" Tian Dongliang was stunned.

"At $16 there was a stalemate for so long. A counteroffensive, of course. Su Cheng patted Tian Dongliang on the shoulder. Let him go into the office in front.

Tian Dongliang couldn't laugh or cry, he had seen too many people in the financial industry, many of whom were confident, but models like Sioux City were still very rare.

Perhaps, it's because he's not a financial insider.

Tian Dongliang saw Qi Xiao's vigilant gaze, and also saw Su Cheng's indifferent expression, and suddenly had a kind of understanding.

Throughout. Sioux City doesn't seem to have resorted to sophisticated financial means.

At most, that is, a large amount of money is reserved, as well as a larger amount of money. Plus a little more courage than ordinary people.

Sioux City was able to win the current situation by relying on his knowledge of the oil market itself, as well as his understanding of the oil market.

As a banker, Tian Dongliang can't be said to like Su Cheng's financial manipulation methods, but he has to admit that after this battle, Dahua Industrial is already qualified to choose its own financial methods.

Perhaps, for Sioux City, a stalemate is a failure.

Tian Dongliang couldn't help but think.

Opposite him, Qi Xiao quickly explained the situation, and at the same time said vigilantly: "$15 should be a high-voltage line, and if it goes down, it is estimated that there will be many oil spot dealers to support it, and if the refinery delivers crude oil at a price of $15, it will make a considerable profit, and if it continues, the price of fuel futures will also be affected." ”

Tian Dongliang turned his head to look at Sioux City, the current fuel futures price is still based on $18, in other words, the fuel dealer is the resistance to the decline of fuel, and there is no pressure on the fuel dealer at this price to collect oil.

Unless the price of crude oil can come down for a long time.

"Su Dong......" Qi Xiao shouted again, he had long wanted to retreat, this round, the Pan Asia Fund made too many profits, but it can only be celebrated if it is in the bag.

Su Cheng touched his chin, but asked with a smile: "Manager Tian, if you are asked to make a decision, which side do you choose?"

Tian Dongliang was stunned for a moment, and then said without hesitation: "I choose long, crude oil can't keep falling, the price of $15 is very excessive." ”

"It's a bit excessive. Sioux City agreed.

"Shall we withdraw then?". Qi Xiao's face was happy.

"We continue to go short. Sioux City's answer was the opposite, "Why can't the price of crude oil go down?"

Qi Xiao didn't understand what Su Cheng meant, and when he saw that he was serious, he frowned and said: "The price of crude oil is closely related to the operation of the world economy, how can we do it if we push down the price of crude oil all at once? ”

"It's impossible to press down for a long time, it's okay for a few days, and super oil fields like Aqijiu can't be seen every day. "Sioux City is full of confidence.

Qi Xiao's brows were about to turn into fried eggs, and he said softly: "The bad news of the Aqijiu Oilfield has almost been consumed, and it can be seen from the confrontation of about 16 US dollars. Now, the market is digesting the OPEC news, and I think that even if the oil price falls to $15, it will rebound back quickly, just a news that does not cut production, and cannot make a fundamental change in supply. ”

"What if the supply changes radically?" asked Sioux City rhetorically.

"How so?"

"OPEC will not take the initiative to reduce production in the short term, Azerbaijan's oil fields are new oil fields, Kazakhstan also has new oil field output, coupled with the expected high production capacity of the Azijiu oil field, OPEC's current production capacity remains unchanged, which is equivalent to an increase in crude oil supply. ”

Qi Xiao's brows did not spread, and he lowered his voice and said, "Su Dong." The supply of hundreds of thousands of barrels of crude oil per day increases, and the market can easily deplete it. ”

"How long?"

"What?"

"How many days will it take for the market to balance the supply of hundreds of thousands of barrels of crude oil?"

"Probably...... How many days?"

"At least three or four days. "Sioux City has its own oil refineries and chemical plants. If Dahua's Haicang base has sufficient crude oil supply and works overtime, it will only take a few days to increase production by 20%. In other words, in regions where market competition is not particularly sufficient, refineries, chemical plants, and coal-fired power plants with a surplus can balance the new supply of crude oil in just a few days once the decision is made to increase production.

But. For industrial production, "only" a few days is a different experience for financial companies.

Over here. Living like a year is not an adjective, it's a real word.

Qi Xiao said cautiously: "But we can't always short to achieve market balance, if we don't leave now, I'm afraid that we will be stopped by others when the time comes." ”

"If the time comes. Is there a new supply in the market?"

"New supply ......" Qi Xiao didn't dare to ask. This information already made him feel a strong smell of conspiracy.

The crude oil market is a very inelastic market, and generally speaking, a 3% fluctuation in capacity will cause a fundamental change in supply, which is very different from other commodities.

On the one hand, because of the difficulty of crude oil storage, 3% of the production capacity means 2 million barrels of crude oil per day, which is almost equivalent to the entire storage capacity of a local branch of PetroChina. In the case of normal operation, even a country. You can't store a few days of crude oil. Even a country like the United States, which spends a lot of money, does not dare to use crude oil reserves to solve the energy crisis.

On the other hand, the supply and demand of the global crude oil market is actually relatively stiff, which is very similar to electricity, how much crude oil you produce, how much crude oil you have to sell, not more and not less, the sudden decrease in crude oil supply naturally makes crude oil consumption factories headaches, but the sudden increase in crude oil supply is also difficult to solve for crude oil consumption factories.

Therefore, crude oil exchanges always react to the future supply and demand situation of crude oil.

Normally, a few cents is a big wave.

Su Cheng's successive prophecies are negative elements, as long as he imagines the difficulties in creating them and hiding them, Qi Xiao shuddered.

The water in here is too deep.

However, from Sioux City's point of view, it is more difficult for him to play with the crude oil futures exchange, but it is not so difficult to increase the supply of crude oil.

In particular, the Pan-Asia Fund, which includes seven large crude oil producers, could not have made it easier to increase production by hundreds of thousands of barrels of crude oil worldwide.

The 90s was originally an era of crude oil surplus, crude oil consumption in developed countries continued steadily, and emerging economies such as the Asian tigers and the BRIC countries had not yet risen.

Compared with the 21st century, in the 95-year crude oil supply market, not only is there a lack of the Caspian oil circle, but also Iraq, Kuwait and other oil-producing countries that have just experienced war have not reached their peak production capacity.

If the companies that make up the Pan Asia Fund only use the existing oil fields for insider trading, the risk of being sued by governments is extremely high, and the money they make is estimated to be not enough to pay the fines. However, with the paving of the Azijiu oil field and the emergence of OPEC, increasing the production of its own crude oil is not only more effective, but also looks more innocent.

"What if, if there is a sovereign wealth fund of an oil-producing country, come forward to support the market?" Qi Xiao did not ask for details, but changed his perspective, trying to persuade Sioux City to take a safer approach.

Su Cheng smiled: "OPEC is holding a summit, which oil-producing country is so bold as to let its sovereign fund come out and interfere with oil prices." ”

Qi Xiao was speechless for a while, people let oil prices return to normal, even if they interfere with oil prices, what are we. However, thinking so, he knew in his heart that this was really interfering with oil prices, after all, what the normal oil price is, but it cannot be seen from a historical perspective.

"Show me a table of new financial institutions entering the market according to the time. Su Cheng saw that Qi Xiao was fine, so he gave the order.

After Qi Xiao left, Su Cheng turned his head and asked Tian Dongliang, "How is it?

"It's too complicated. Tian Dongliang sighed heavily.

"It's a bit complicated, so please write your report concisely so that people who don't have a financial foundation can understand it. ”

Tian Dongliang said vigilantly: "I want to complete this report independently." ”

"Of course, it's your business how you write, that's what I've said a long time ago. Su Cheng paused, looked at his watch, and said with a smile: "Actually, even if I want to interfere, I can't interfere." ”

"Huh?"

"I have booked a plane for you in the early morning and fly directly to the capital. I hope you will be able to complete this report on the plane. Don't worry, I asked them to choose the first class cabin of a large plane to facilitate writing, and it should be enough for a whole night. ”

"You're telling me to produce a report tomorrow?"

"Of course. News is faster than people, and by tomorrow, it is estimated that many leaders will be interested in your report. If you want your name to be remembered by the leaders of the State Department, tomorrow is the best time. ”

Tian Dongliang swallowed the words that came to his mouth.

He knew that Su Cheng's purpose was to use his pen to pass on the information to the domestic high-level, but in this matter, he also got a lot of benefits. Although it was so insignificant compared to what Sioux City had gotten, Tian Dongliang didn't want to give up this good opportunity to make a name for himself.

"This guy counted me in. Tian Dongliang lowered his head, and the fluctuations in his emotions were comparable to the price of oil on the electronic screen.

……