On 6 October, the Arabs took advantage of Yom Kippur to launch a campaign against Israel and regain lost territory. Watch the latest chapter of Perfect World, and look at it quickly.

At the beginning of the war, the Arabs were victorious, but a week later the tide of the war turned and Israel began a large-scale counteroffensive, putting Egypt at a disadvantage.

At this time, Arab oil-producing countries were negotiating with foreign oil companies to raise the price of crude oil.

On 14 October, negotiations broke down. Two days later, on the 16th, representatives of the five Arab oil producers in the Gulf plus Iran met in Kuwait and decided to unilaterally raise the price of crude oil per barrel by 70% to $5.11. The "Seven Sisters", who have long controlled the world market, have no choice but to do so, and the decision on oil prices has been transferred to OPEC.

On October 17, the oil ministers of the Arab oil-producing countries met to discuss how to support Egypt with concrete actions, crack down on the United States and other Western countries that support Israel, and force them to stand on the side of the Arabs politically. The meeting did not adopt Iraq's proposal for an immediate oil embargo, and decided to immediately and gradually reduce production and exports and reduce oil supplies to the United States and the European Union. First, the level of daily production and supply in September 1973 was reduced by 5 per cent, and then increased or decreased by 5 per cent each month until the target was achieved.

On October 19, the United States announced $2.2 billion in military aid to Israel. The move angered Arab oil-producing countries, and Libya announced an embargo on oil shipments to the country on the same day.

On October 20, Saudi Arabia and other Gulf oil-producing countries acted in concert to embargo oil from the United States and the European Union.

The world market has reduced the supply of oil by 5 million barrels per day at once.

The country's oil production was already in decline and could not afford to increase production, so oil prices soared and many gas stations lined up for cars.

This crisis is earth-shattering, more than 80% of the oil in Western Europe and Japan rely on imports, and the source of imports mainly depends on the Middle East, and the blow is far greater than that of the United States.

In late November, the European Community expressed its support for the Arabs in the Middle East, and Arab oil-producing countries removed them (with the exception of the Netherlands) from the embargo's "blacklist".

November 22nd. Japan also declared itself on the side of the Arabs. It was the United States and the Netherlands that were isolated until March 18, 1974, when the embargo ended.

In late December, OPEC raised oil prices to $11.65 a barrel. doubled, and at this time, Li Hualong began to sell and cash out more crude oil futures in his hands, and it took more than a week to complete the cash-out.

HK$1.7 billion invested, excluding transaction costs. The profit exceeded HK$20.5 billion.

Li Hualong's investment in international crude oil futures this time exceeded his expectations in terms of both the return on investment and the total profit.

……

On the evening of the end of December, after dinner, Li Hualong sat in the living room with his family and chatted, waiting for the children to go upstairs.

"Mengmeng, Chongyi, Sisi, Chenchen. Come with me to the study. Li Hualong said with a smile.

Entering the study, five people sat on the sofa, and Yang Meng and Chen Sisi sat on the left and right sides of Li Hualong.

Yang Meng asked with a smile: "God is mysterious, what is the matter?" ”

"Let's go!" Li Hualong smiled and kissed Yang Meng's face, "I'm going to tell you a great news, I've made a lot of money!" ”

"The price of gold has risen recently, and we know that a few days ago, we also talked about the rise of gold." Chen Sisi smiled.

Li Hualong has invested more than two billion Hong Kong dollars to buy gold, and his four wives and concubines all know about it. And he invested a lot of money to long international oil futures, and his four wives and concubines didn't know.

Today, the price of gold per ounce is more than $120, and Mr. Lee's investment returns more than 20 percent. In the past six months or so, the Hong Kong stock market and property market have fallen into a downturn, almost all stocks in the Hong Kong stock market have fallen by more than two percent compared with the peak, and housing prices have fallen by more than two percent. Not only did he not lose money, but he also made more than 20% profit.

Counting the decline in stock price and property price, Li Hualong's investment in gold will be even more profitable.

"Hey, hey!" Li Hualong smiled proudly, "In addition to investing in gold, I also invest in international crude oil futures." ”

"International crude oil futures?" Yang Meng was stunned, "Oil futures? ”

"Crude oil futures are oil futures, one meaning." Li Hualong said with a smile.

"Recently, the price of gasoline and diesel has skyrocketed, and the price of oil has also skyrocketed!" Chen Sisi's eyes widened, "Ah Long, how much have you invested?" ”

"Uh......" Li Hualong pondered for a moment, smiled, and joked, "I'm really a little afraid to talk to you about things, you have the idea of killing people for money." ”

"What do you think of our sisters?" Xi Chongyi chuckled, "We already knew that your assets exceeded 10 billion Hong Kong dollars, even if your assets doubled, what could it be?" Didn't you say that if you have more money, it's just a number. ”

"That's right!" Li Hualong smiled and said, "It's still calm and calm." ”

"Tell me, how much money is earned." Yang Meng smiled, a slightly curious expression on his face.

"You guys should sense I'm excited, right?" Li Hualong smiled, "Guess more." ”

"Ten billion Hong Kong dollars?" Chen Sisi asked.

"Investing in futures, you can use leveraged investment, which can leverage several times the capital. In recent months, the price of oil has risen by two or three times...... If Aaron mortgages the stocks and gold in his hands to the bank, he can raise billions of funds to invest in oil futures, and the maximum leverage can earn tens of billions of Hong Kong dollars. Xi Chongyi analyzed.

"How is this possible?!" Chen Sisi looked incredulous.

"The premise is that Aaron is like a gambler, and it depends on the size of the international crude oil futures market, as if the world's annual oil production is amazing, and it may be a bit unrealistic to make tens of billions of Hong Kong dollars, and it is still very possible to obtain tens of billions of Hong Kong dollars in profits." Xi Chongyi smiled and quipped, "Brother Long, say it, don't sell it." ”

"Chongyi, you're right. I am not like a gambler, and the international crude oil futures market is not infinite, but I still made a huge profit, a profit of 20.5 billion Hong Kong dollars, a cost of 1.7 billion Hong Kong dollars, and a 12 times profit. ”

"HK$20.5 billion?!" Chen Sisi opened his mouth wide and looked at Li Hualong with a look of surprise, "Really? ”

"Kiss me." Li Hualong pointed to his cheek and said with a smile, "Kiss." I'll tell you. ”

"Let's go!" Chen Sisi kissed Li Hualong on the face, and smiled sweetly, "Hurry up!" ”

"He said it all, so he won't lie to us." Yang Meng smiled.

"Meng Meng is right. It's true. I didn't lie to you. Li Hualong nodded with a smile.

"Oh my God!" Chen Sisi exclaimed, "20.5 billion Hong Kong dollars, Brother Long, then you are definitely the richest person in the world now." ”

"It should be." Li Hualong said happily, "My money is also yours." Hehe, excited or not! ”

"Excited." The four wives and concubines said in unison, with smiles on their faces.

"20.5 billion Hong Kong dollars, but it's a huge amount of money, how are you going to spend this money?" Xi Chongyi asked.

"Hong Kong is too small to accommodate me as a dragon." Li Hualong said smugly, "I think about it, next year to invest in the United States, most of the funds will be invested in the United States market." Next year, the four of you will accompany me to the United States for a while. ”

"It's not going to work!" Yang Meng shook his head and said. "You have left Hong Kong, there are many things that you need us to keep an eye on for you, besides, there are so many good words at home, you can't let Abba and Grandma take care of it."

"That'...... You can't let me go alone, can you? Li Hualong said with a smile.

"Wouldn't it be nice to let you go alone? There's such an opportunity to have an affair. Liu Minchen joked with a smile.

"I'm content to have you by my side." Li Hualong smiled brightly, "Let's talk about it next year, no matter what." Someone will definitely accompany me to the United States. When I arrive in the United States, I will attend many social occasions, and it is much more convenient to have a lady by my side...... Hehe. By the way, can I make a request tonight? ”

"What are the requirements?" Yang Meng asked with a smile.

"That ......" Li Hualong was a little embarrassed to speak, and whispered, "I want you to accompany me tonight!" ”

The expression on Yang Meng's face was very flat, and Chen Sisi showed a surprised expression on his face, and at the same time a hint of shyness. And Xi Chongyi seemed to have a smile, and Liu Minchen had an embarrassed smile on his face.

"If you don't speak, I'll give you your consent." Li Hualong sneered.

"Think for yourself how old you are, okay?" Yang Meng joked with a smile.

"I'm just in my early forties, and I'm young and strong!" Li Hualong smiled, "Mengmeng, you said, you didn't ask me for mercy once." ”

A touch of shyness appeared on Yang Meng's face, and he said angrily: "It's not serious." ”

Li Hualong laughed and said, "In another twenty years, talk to me again!" ”

"Ignore you." Yang Meng stood up and prepared to leave.

Li Hualong hurriedly stood up, grabbed Yang Meng's hand, and gently pulled it, making Yang Meng turn around, he hugged Yang Meng's waist and kissed her lips.

Li Hualong was very excited, especially wanted to indulge completely, and didn't care about Xi Chongyi, Chen Sisi and Liu Minchen on the side, while kissing, he put a hand into Yang Meng's clothes, grabbed a jade-peak, and kneaded it.

After Yang Meng learned that Li Hualong had earned more than 20 billion Hong Kong dollars, she also became excited, although Li Hualong's hands were a little unclear, which made her feel a little painful, she didn't say it, but the pain gave her an indescribable wonderful feeling.

After the kiss, Yang Mengjiao gasped and said angrily: "Tonight, I will accompany you crazy for a while, Chongyi, Sisi, Minchen, tonight the four of us sisters will work harder, squeeze him dry, see if he dares to be in front of us!" ”

Li Hualong's body trembled slightly, both scared and excited, and shouted with a smile: "E! Who's afraid of whom, go, we'll go upstairs now! ”

…… (To be continued.) )

……

Note, before the outbreak of the first global oil crisis, international oil prices were very stable, it is estimated that at that time, international crude oil futures trading could not be as active as today, the market size is much smaller than now, maybe I wrote Li Hualong invested in crude oil futures to obtain a profit of 20.5 billion Hong Kong dollars (less than 3.7 billion US dollars), you may think it is a bit fantastical, but I think this figure may be a bit conservative.

The price of crude oil rose from less than 3 Hong Kong dollars per barrel to 11.65 US dollars, and it is a bit sorry for the identity of the reborn person without making a hard profit.