In the proprietary department of Tatfook Bank, after everyone sat in front of the computer, Zheng Fan got up and walked around behind everyone with a smile. Pen % fun % Pavilion www.biquge.info

"No wonder oil prices have fallen a little fiercely, in the face of the overall bearish situation, coupled with the formation of a short-term head more than ten days ago, international oil prices want to reverse this short-term decline, it will really be more difficult." Luo Hong only thinks that the current situation of crude oil futures is very complicated.

"Anything else?"

Zheng Fan walked past the aroma of tobacco with cigars, bringing people a sense of relaxation.

"Now that Switzerland is holding a clean energy summit, it is rumored that LinkedIn Energy, the largest solar energy company, has made a key technological breakthrough in the field of solar thin film, and I think this event is also one of the reasons for the decline in crude oil prices." The short-haired woman glanced back at Zheng Fan.

"Indeed, to encourage energy-saving technology, has become the mainstream direction of the world's energy development, in addition to the improvement of building technology, the closure of the house has been strengthened, the energy consumption of heating has declined, and the innovation of industrial processing technology, but also makes the energy consumption drop significantly, which will cause medium and long-term pressure on oil prices, such as the automobile industry to improve the efficiency of energy use, the fuel consumption of new cars has been greatly reduced, is a typical representative, I read the report of the clean energy summit, There are a lot of feasible solutions. Liu Mingxuan shook his head, and there was no doubt that the news was empty.

"At the clean energy summit in Switzerland, Western European countries and Japan have also taken energy diversification measures, and they are also stepping up the development of energy sources other than oil, such as solar energy, nuclear energy, wind energy, etc., which can be regarded as a comprehensive pressure on international oil prices." Erica said in a deep voice.

"The United States, Japan, including European countries, have indeed made possible achievements in improving the efficiency of industrial energy use, but even if we pay attention to energy conservation, it is a long-term development trend, but now it is mostly a slogan, and consumer awareness is even weaker, far from the extent of the impact on international crude oil." The corners of Zheng Fan's mouth turned up and smiled.

"However, the impact of the news has really affected the changes in oil prices." After learning about the state of international oil prices, even Ji'er felt that Zheng Fan's idea was very dangerous.

"It's all clichés, whether it's the El Niño phenomenon, or the development and utilization of new energy, as well as the increase in production of OPEC members, they are not just recently, and the impact on international oil prices is mainly due to artificial guidance." Zheng Fan took a puff of his cigar and thought.

"Only at the Swiss Clean Energy Summit, LinkedIn announced a key technological breakthrough, which is considered an emergency." Erica seems to be looking to a deeper factor.

"It's just some gimmicks, wind energy, solar energy and bioenergy and other new energy, although it is the trend of energy development, but I am afraid that in the future for a long time, can not meet the requirements of large-scale economic utilization, then LinkedIn solar company, to put it bluntly, is just a hype, if you dig deep into its fundamentals, the business foundation and state must be extremely poor." Zheng Fan smiled at Ji Er with a little deep meaning.

"Do you want to investigate LinkedIn Energy and get to the bottom of this company?" Ji'er only felt that Zheng Fan was sinister enough.

"As far as I know, the majority shareholder of this LinkedIn energy company is Enron, since you have been in contact before, there should be no problem." The direction that Zheng Fan paid attention to through international crude oil made everyone wonderful, and they didn't know what his mind was thinking.

"You guessed right, that Enron company is one of the shareholders of our previous acquisition of New York Life Insurance Group, find someone to investigate them, and the financial and asset situation should be detailed and accurate, give me a result as soon as possible." Zheng Fan first smiled at Luo Hong and the others, and then immediately gave Ji'er an order.

"Is it to do such a bad thing in order to operate international crude oil futures? Even if LinkedIn Energy and Enron are like you, the actual business situation is far from the hype, and it is taboo to expose it. Ji'er looked a little resistant.

"With the speculation of crude oil futures, it is only one aspect, didn't it say that Enron had nuclear power assets before? If something goes wrong, the opportunity for us to buy nuclear power assets may come, and the reason why Mayo Medical's equity acquisition is aborted is because we didn't grasp New York Life hard enough. Zheng Fan's face showed a little frustration.

Because there are many people in the self-operated department, in front of everyone, Ji'er did not agree to engage in LinkedIn Energy and Enron.

"Whether it is sudden negative or not, the situation on the news is not conducive to the strengthening of international oil prices, even if the matter of LinkedIn Energy is solved, what will OPEC members do to increase production?" Erica didn't have much confidence.

"OPEC members have actually started to increase crude oil production as early as 1990 during the Gulf crisis, in order to make up for the 3 million barrels per day gap in the oil market after Iraq suffered economic sanctions, OPEC members have significantly increased oil production, which is reasonable, but I think that even so far, this expansion of production capacity has not reached an extreme." Zheng Fan is obviously constructing a supporting view of the operation of international crude oil through exchanges with Erica and others.

"The increase in production so far is already terrifying, and if this is not a production peak, I can't even imagine what it will be like once it is increased to the extreme!" Liu Mingxuan couldn't help but sigh.

"If you want to release a large amount of oil production capacity, it is not that it can be raised, the investment of construction funds, labor and cost expenditures, and the situation of international crude oil must be considered by oil-producing countries, especially after entering the nineties, the mechanism of oil price formation is more complicated, on the surface, the decision of oil prices is determined by OPEC, oil demand countries and international oil capital, but after all, it is impossible to get rid of the atmosphere of sellers dominating market prices." Zheng Fan glanced at the oil price trend on the computer and smiled at everyone.

"What does the boss mean that with the increase in labor costs, it may have an obvious effect on the price of international crude oil?" Erica asked, thoughtfully.

"Since the Gulf War in the early nineties, the international crude oil hit the high point of 40 US dollars, and then has maintained a downward trend, especially in recent years, it is rarely more than 20 US dollars, in this situation, not only the oil producing countries, oil companies will not have a good time, the reason why the gradually rising labor costs, but now has not broken out, is because with the progress of oil exploration and development technology, the cost of exploration continues to decline, and the output has increased, It offsets some of the pressure from the increase in labor costs. Zheng Fan began to make a comprehensive analysis of the crowd.

"Even so, it does not mean that oil prices will necessarily go higher, you know, there are more negative effects in the short and medium term." Ji'er reminded Zheng Fan to be cautious.

"The high labor cost of oil prices has blocked its downside, unless there is very big bad news, like what alternative energy in the era of low oil prices, it is all floating clouds, as for the clean energy summit in Switzerland, it will be closed in two days, followed by the OPEC meeting in the winter, and the ensuing referendum day of the US presidential election in November." Zheng Fan smiled a little meaningfully.

"You don't think that low oil prices and increased labor costs will cause OPEC to reduce production, right?" Ji'er said a little incredulously.

"After the end of the Gulf War, OPEC member countries have been increasing crude oil production, but with the continuous growth of the global economy, the reaction to weak oil prices is completely in a state of divergence, coupled with the increasing labor costs, I think OPEC is time to make adjustments, even if it cannot reach an agreement to reduce production, the possibility of continuing to increase production is very small." Zheng Fan said with a deep gaze.

"In terms of factors that directly affect oil prices, is it good that there is no downside?" Erica's eyes rolled.

"The seven-year OPEC meeting has been focused on increasing production, and even let investment institutions have habitual thinking, if the meeting does not increase production, or there is a reduction in production, it will form a situation beyond expectations, which will be very beneficial to long international oil prices, and one point also needs special attention, that is, international oil prices are ostensibly controlled by OPEC, but the United States is the real maker of international oil prices." Putting aside the public information of the New York Mercantile Exchange, Zheng Fan gradually guided everyone's thinking.

"The reason why it is said that the United States controls international oil prices is because the United States is both a major oil-producing and oil-consuming country, and its oil prices will directly affect the prices in the world market, while the prices of the oil industry in the United States are strictly controlled, and there are either production restrictions or price restrictions." Ji'er explained to the crowd.

"But the rise in oil prices is negatively correlated with the U.S. economy, once oil prices rise, the U.S. economy is likely to experience deflation, rising unemployment, suppressed consumer sentiment, and eventually lead to a decline in GDP......" was interrupted before Liu Mingxuan finished speaking.

In the era of low oil prices, the rise in international oil prices will promote the economic growth of the United States, especially in the context of gradually reducing interest rates, the liquidity of the US dollar will be significantly enhanced, which will not only promote consumption, but also have the basis for pushing up oil prices." Zheng Fan raised his hand and said with a smile.

"Since the boss mentioned the U.S. presidential election, I need to remind you that the current president, Clinton, is the president of the Democratic Party, and the presidential election in the United States is, to put it bluntly, the election of capitalist democracy, the contest between parties and conglomerates, the Republican Party represents the interests of energy and arms dealers, and the Democratic Party represents the middle class, and the consortiums that support the Democratic Party are mostly high-tech, traditional steel declines, and automobile companies." Ji'er is very familiar with the capital politics in the United States.

(The second update will be sent.) ）