Chapter 657: What the Hell Is This
readx; Chapter 651: What the hell is this
It's just that no one knows what's going on, except for one person, this person is naturally South Korean President Park Jinhui, who just received the crude oil price turmoil in the futures market, Park Jinhui actually didn't think about it, but the report that was soon submitted showed that the South Korean government's two futures funds were trapped in the futures market, in fact, it was nothing to be trapped, such national funds have stop-loss measures. Pen? Interesting? Pavilion wWw. biquge。 info
That is, once the loss exceeds 15 percent or about 20 percent, it will be closed directly, and after the position is closed, it will naturally stop the loss, which is nothing in the national economy, because these national funds naturally have financial experts, so unless there is such a violent turbulence in the futures market, otherwise, they can usually use futures to make a profit, and this loss is nothing more than to hand back the previous profits.
Since they are playing futures, then there is a bit of a loss risk line, which is acceptable for a country, and Park Jinhui was ready to order the liquidation of the position, although a part of the loss was lost, but the volatile stock market is not suitable for them These national funds are not suitable for them to play in it. But then a piece of news made Park Jinhui a little confused. Saudi Arabia sent someone to remind the South Korean government, telling the South Korean government that because the oil pipeline in the oil field was attacked by terrorists, and the terrorist organization also threatened that several large oil fields in Saudi Arabia have all been installed.
The Saudi government had to pay a price to tell the Saudi government exactly where the bombs were planted, so the Saudi government had to stop some of the crude oil deliveries, but because even so, the Saudi government was in default, so they were willing to pay liquidated damages until the oil supply was restored, but this temporary suspension of supply was for a period of three months. However, the Saudi government has also assured that this is the maximum deadline and that they will shorten it as soon as possible.
But for the South Korean government, this is completely fatal, okay? Three months? Not to mention three months, even if it is a month, the South Korean government can't wait, South Korea's own domestic crude oil reserves are only enough for the entire South Korea to consume for one and a half months, this is still in the case of a fairly high level of rationing system, and more importantly, the South Korean government cannot hand over all the crude oil reserves to ordinary civilian oil, in this way, the South Korean government and military's reserve oil will drop to a very extreme number.
And the South Korean government also needs to ensure a considerable amount of shipping, aviation fuel, etc., so this one and a half months is only the limit number, in fact, at most a month, not even a month, South Korea's domestic transportation and so on are facing a collapse, in this case, can the South Korean government not be in a hurry? Although it is said that it is three months, South Korea can directly buy a large amount of crude oil on the futures market and ask the other party to deliver it in kind, so that the price of crude oil they buy is lower than the price of the agreement with Saudi Arabia.
The problem is that now it is not only Saudi Arabia that has terminated the supply of oil, but also the price of crude oil in the crude oil futures market is rising wildly, and it has climbed from $55 to more than $70 in just over a day, and there are still a large number of long orders in the futures market. This is simply the order of the South Korean government, so in this case, the two crude oil orders they bought at a lower price naturally cannot be closed casually.
Fortunately, the crude oil futures list selected by the South Korean government is also delivered in two months at the latest, and most of them are delivered in about a month, that is, as long as they insist on a month later, then this means that they can also let the other party directly deliver these two orders, and then quickly supplement the domestic crude oil consumption.
Moreover, the most depressing thing is that not only the crude oil futures market began to rise, but also the prices of diesel, gasoline and other civilian oil products also rose, and these things are almost urgently connected, and Park Jinhui is not stupid, she quickly thought of what Liu Fei said to her when she left, it only takes three days to let the South Korean government know, and he alone can make the South Korean government bow its head.
This matter must undoubtedly be Liu Fei's shot! Because only Liu Fei has such terrifying funds in his hands that can hold up the futures price of the entire international crude oil market, and the other party is still building positions in multiple directions and multi-level positions, and can make money while raising prices, and the funds after making money are invested again, such a way of pulling up makes anyone feel powerless.
Unless you can be like the other party, you can come up with trillions of dollars of funds at any time, the problem is that trillions of dollars means that even if you don't use leverage, directly using the deposit is equivalent to having about 10 trillion US dollars of crude oil futures orders, 10 trillion US dollars...... Thinking about this terrible number, it is estimated that any person is completely powerless, but they also further feel the strength of the terrorist funds of this organization that has been inherited for more than a hundred years.
Park Jinhui felt extremely aggrieved, almost gritted her teeth, but she didn't want to bow her head to Liu Fei like this, if it wasn't like Liu Fei bowing her head, then she had to ask the U.S. government for help, asking the United States to use strategic reserves to help South Korea tide over this difficulty, and at the same time, South Korea will also buy crude oil from other countries such as the Middle East and Africa. There is no doubt that the strategic reserves of the United States are quite staggering.
At the beginning of the Gulf War, the United States directly used its own strategic reserve crude oil depot to directly suppress the international oil price with a terrifying amount of crude oil, resulting in the international crude oil price falling a lot instead of rising, which showed how amazing the US strategic reserve was.
But that was more than 20 years ago, not now! Now the world has more than I don't know how many times more than it was more than 20 years ago, so no matter how crazy the strategic reserves of the United States are, it is impossible to achieve the effect of that time now.
But Park Jinhui didn't do it immediately, anyway, it's just over a day, she doesn't believe that a country is still afraid of an individual, even if Liu Fei has the funds in his hand, but if you want to get stuck in South Korea in this regard, it would be too naïve, the Middle East can't buy it, there are more places to sell oil in the world, and South Korea's own crude oil can also be stored within a month, ensuring that South Korea has no problems.
She didn't believe that Liu Fei could hold out for a month, so Park Jinhui was not in a hurry, but just in case, Park Jinhui immediately contacted South Korea's ambassadors to various oil-producing countries, so that they could quickly contact these countries, and also contacted some large oil companies around the world to try to buy crude oil from these companies. However, the news of the anti-radium soon made Park Jinhui realize that what she was thinking was still too simple.
Wherever the South Korean ambassador went, after he went, the other party said that he could sell them crude oil, but the problem was that the price was very high, and even if the South Korean government bought it, it would lose at least billions of dollars, or even tens of billions of dollars. South Korea's economy is good, but it can't be compared with the United States and China, these countries have deep pockets, but South Korea can't afford to play like this.
And when they were trying to persuade them, they got the news that someone contacted them in advance, and they all promised to buy the crude oil in their hands at a high price. Park Jinhui, who got the news, directly pushed everything on her desk down! It's too much of a deception! Park Jinhui roared in the unmanned office for a full ten minutes before calming down.
It seems that the only step is to adopt the last step, that is, to contact the United States and let the US government take action, she doesn't believe that Liu Fei can even influence the US government, if Liu Fei can really do this, she will also admit defeat.
However, this call Park Jinhui has not yet been called, and a shocking news has caught Park Jinhui off guard. Because of the problems in the crude oil market and South Korea's oil supply, South Korea's economy itself began to fluctuate, and some Korean stock markets quickly began to fall, although the magnitude of the shock was not large, but it can also be seen that the market has begun to react, and some stocks have been greatly affected, especially the stocks of some refiners in South Korea.
When the stock market began the next day, when it was found that someone was desperately short selling the Korean won in the foreign exchange market, the Korean won fell by dozens of points in an instant, and there were constantly crazy large orders pouring in, coupled with the previous outbreak of crude oil supply problems, the entire stock market immediately began to fall wildly, including the Korean won is also depreciating rapidly, in just one morning, the Korean won has depreciated nearly 5 against the international mainstream currency.
And this is only one morning, if the South Korean government does not come to the rescue of the market, then in the afternoon, with the complete collapse of the stock market, it is estimated that the entire South Korean economy will collapse in an instant, and the losses at that time will not be a little bit to be saved, and it is estimated that the amount of money lost by the entire South Korea will be at least hundreds of billions of dollars.
When the market closed at noon, almost all TV stations in South Korea were reporting on this incident, and many shareholders were already watching this incident, and even a considerable number of shareholders had gone directly to the securities trading floor, ready to sell their stocks.
And at this moment, economic experts in South Korea, and even in some other countries, are stunned by this series of events, and everyone is a little confused, so they don't know how this happened, why do you tell me how this happened? It's all without warning, okay? It just happened so suddenly? Is it simply because there is a problem with the supply of crude oil from South Korea? Unlikely.
,!