Chapter 40: The March of the Harvest (Part II)

Because he had tasted the sweetness, Xu Xin also took out 10 million and also asked Li Song to use a hundred times leverage to make more Brent oil.

Li Song felt that his girlfriend was too reckless, so he persuaded her: "Kathy crude oil futures have fluctuated greatly, especially from the end of 98 to the present, there have been two times below the $10 mark, and the difference between spot prices and futures prices has widened, the forward premium is high, and there is an oversupply. ”

Li Song was bitter, but Xu Xin was full of confidence in Lu Qiu, "I don't know about others, but if Lu Dong dares to operate like this, then it must be right, you forgot that I told Lu Dong about the Hang Seng Index, he will never lose money, but you, should be the same as me, if you miss this village, there will be no such store." ”

Li Song saw that his girlfriend was hard-hearted, so he had to give up persuasion, "Forget it, my money is still kept for backup, and once the oil price falls, I can give you a margin call." ”

Although Xu Xin felt that her boyfriend didn't trust her, she was still sweet in her heart and said, "Then you just wait and see, I believe that Lu Dong will make you shocked!"

Sure enough, after entering March, the crude oil market began to circulate news that OPEC may cut production further, and crude oil prices began to rise steadily. At this time, Li Song was more worried, Morgan Stanley is a predator in the crude oil market after all, and Goldman Sachs enjoys the reputation of 'Wall Street refiner', Li Song, as a senior executive of Morgan, is very clear that in the past few months because of the collapse in oil prices, the company has suffered heavy losses in crude oil trading, and now there are rumors in the market, oil prices have risen, Morgan has quietly closed a lot of orders, he has reason to believe that OPEC continues to cut production is just a cover for the predators to reduce losses!

Li Song hurriedly persuaded Xu Xin again, and no matter what leaks, he directly revealed his judgment and discernment.

Xu Xin was a little panicked when he heard this, Morgan Stanley is a predator, and Lu Dong can't be better than them!

Xu Xin hurriedly told Lu Qiu about this, thinking that it would attract Lu Qiu's attention, but who knew that Lu Qiu didn't care about it at all, and only said: "Don't be affected by these things, oil prices have fallen to this extent, OPEC must take action, whether the production cut is a rumor or not, we will soon find out!"

Lu Qiu said firmly, Xu Xinyi gritted his teeth and insisted on not clearing the warehouse, and then on March 12, the core members of OPEC reached an agreement in The Hague to jointly cut production by 2.004 million barrels per day.

By the delivery of the March 20 contract, oil prices had risen by $2 per barrel.

Seeing his account change from eight figures to nine figures, and the highest level was close to 2, Xu Xin almost fainted with excitement.

Follow Lu Dong, sure enough, there is meat to eat!

Li Song is also convinced, Morgan Stanley is only going long after the production reduction agreement is determined, compared with the advance layout of Luqiu, but it is inferior!

However, after moving to April, oil prices will continue to rise, because on March 23, Russia also joined the production cut, which further benefited oil prices, but at this time, Lu Qiu did not do it, he just told Liang Daming to wait for the spot oil price to fall below 14 yuan, then use normal leverage to long the April contract.

Liang Daming is like a guide, but Li Song feels that Lu Qiu is taking it for granted, such a good thing, how can oil prices fall, Da Mo Goldman Sachs is doing its best to be long!

As Li Song expected, by the end of March, the spot oil price had risen by nearly a dollar, and Lu Qiu's failure to operate was tantamount to missing out on huge profits.

However, just when Li Song thought he was right, entering April, the situation changed abruptly, and it was only three trading days that oil prices not only swallowed up the rise at the end of March, but also fell by 0.5 US dollars, which shocked Li Song into a cold sweat.

And just when he thought that the oil price was going to be repeated, Liang Daming began to go long according to Lu Qiu's instructions, and the April contract also soared with the spot oil price, and by the time the April contract was delivered, it rose by two US dollars.

After turning to May, Li Song returned to his previous thinking, believing that oil prices would enter a rising market, which was the case until the first week of May, but in mid-May, the situation repeated the situation in April again, and oil prices began to plummet, falling back to $14 in two weeks, a decline of more than 20 percent!

If it is 100 times leverage, then the rhythm of liquidation in minutes!

But Liang Daming was under the command of Lu Qiu, and waited for the April contract to be short after the delivery, and when the spot crude oil fell back to $14 in May, he entered the market again, but this time he began to go long on the spot of crude oil.

It turned out that in the March contract, Lu Qiu increased the capital by more than 20 times with the help of 100 times leverage, soaring from 150 million to more than 3 billion Hong Kong dollars, and in April, after Liang Daming's steady operation, the capital climbed to 4 billion, excluding the 200 million yuan of Lu Qiu's purchase money, the remaining money was close to 500 million US dollars.

Such a level of capital can already be deeply involved in the crude oil spot market, for Lu Qiu, who knows what kind of high oil will climb to in the future, just speculating oil futures can not satisfy him, and he hopes that Liang Daming can make Pangu's investment department into China's Da Mo and Goldman Sachs.

Of course, this is a long-term process, but Lu Qiu, who knows the trend of crude oil well, has already made a comprehensive plan, and Liang Daming only needs to follow the plan to achieve it.

In other words, Liang Daming has fully believed that Lu Qiu's plan can come true, and he thinks that one day he can become one of the behind-the-scenes manipulators of the international crude oil market, that feeling, don't be too high!

Li Song was also impressed by Lu Qiu's series of operations, so when Lu Qiu persuaded him through Xu Xin to join the Pangu Investment Department and take charge of the crude oil department with Liang Daming, he did not hesitate and jumped in.

Since then, there has been one more crude oil predator in the world, and one less founder of Zhenai.com.

Of course, this is all an afterthought, in fact, the reason why Lu Qiu gave up operating April after operating the March contract was because he received an invitation to the Houston International Film Festival, and the door of fate was shortlisted for the Remy Award for Best Film at the Film Festival, and he had to rush to participate.

And before that, he still has to go to a party, organized by Liu Luanxiong.

That's right, it is the romantic comrade Da Liu who has had an affair with many Hong Kong female stars, Da Liu invited Lu Qiu to go to sea on a yacht, and also hinted at organizing a small party, what nature, everyone understands.

Of course, Lu Qiu is moved, he is a human being in two lives, and he is really curious about this kind of 'dinner' in Hong Kong, so he happily went to the appointment.

Of course, the reason given to the third daughter is to finalize the purchase of a house with Liu Luanxiong, and No. 16 Repulse Bay Road is the property of Chinese Real Estate, a listed company under Liu Luanxiong's name.

The three daughters couldn't wait to hurry up and support Lu Qiu to see Liu Luanxiong.

In this way, in March, before leaving for Houston, Lu Qiu stepped on Liu Luanxiong's thief ship, and on that ship, spring was infinite.