"Yes, Elder Chen." Yang Lei nodded, "This oil field is called Bolisi Oilfield, located in the shallow sea of 42 nautical miles northwest of Tortuga Island, according to the question and answer of the spokesperson of the Touruga Island Royal Asset Management Committee to reporters from various countries, Bolis Oilfield is expected to achieve oil production by the end of next year, with a daily oil production of 3 million to 4 million barrels." ”

"7.34 billion tons, equivalent to nearly four times China's total oil reserves, put into production with a daily oil output of 3 million to 4 million barrels, the output is not small, and it can all be used for export." Chen Lao said, "Recently, Middle Eastern countries, especially Saudi Arabia, have broken their promises and led their Middle Eastern allies to refuse China to buy crude oil, to get our oil, Tortuga oil is a good choice, after all, Chen Rui is Chinese, Tortuga has a very good relationship with China, and you don't need to look at the faces of the Americans." ”

If there is any country in the world that is most short of oil, it is China.

China's rapid economic development has made China a major oil importer, and once surpassed the United States to become the world's largest oil importer.

For every 5 barrels of global oil demand, 2 of them go to China.

Although China is the world's 14th largest oil reserves, at the same time, as the world's second largest economy, its huge economy still needs to import a large amount of oil to provide power for the rapid development of the economy.

China imports 60% of its annual oil consumption, more than 300 million tons, a value that is rising with the rapid development of China's economy and society.

The main countries that import oil to China are Saudi Arabia, Angola, Russia. Oman and Iraq. Kuwait.

But. Saudi Arabia, reneging on its promises and leading its Middle East allies in refusing China to buy crude oil has made China see a crisis.

China urgently needs a safe and stable oil source channel to ensure China's oil security.

Like the United States, Tortuga is the world's ninth-largest oil reserve.

First of all, Tortuga has a very close relationship with China and has cooperated a lot.

Second, Tortuga is the largest oil exporter outside of OPEC and can provide a large amount of high-quality oil. All the oil produced by the Bolis oil field can be exported, with a daily output of 3 million to 4 million barrels, which is among the top 5 oil exporting countries in the world.

Thirdly, and most importantly, Tortuga does not need to look at the faces of the Americans, nor does it need to consider the common interests of OPEC.

Therefore, like the United States, Tortuga oil is the best choice for China.

There is no doubt that India, the world's second largest developing country, is short of oil and hunger. Oil from Tortuga is also a good choice for them.

The discovery and confirmation of the Bolis oil field is a direct reflection of: On 3 October, international oil prices fell by $2 and 40 cents.

The continuous rise of $142.2 was directly stopped and folded in an arc.

Although the Boliss oil field has not yet been exploited, there is no more oil in the international oil market.

However, the discovery of the Boliss oil field has dealt a severe blow to investor confidence.

You know, 7.34 billion tons, 58.3 billion barrels, 2.82 times the total oil reserves of the United States, 3.94 times the total oil reserves of China.

Every investor has a sense of powerlessness when they see this number.

The discovery of the Bolis oil field has also allowed many international speculative institutions to join the team of oil short-buying, which is a rare opportunity.

They use their connections to exert influence on the government, government, and environmental protection departments, formulate policies to reduce oil use, release all kinds of negative news, and from time to time they take out the 'shale gas and life' of the United States, and sometimes hire experts to go to the TV to talk about our need to live an environmentally friendly life and reduce the pollution of fuel oil to the atmosphere, and then, from time to time, they take out combustible ice, tar sands, tight oil, shale gas, and oil shale and stir up them.

Although these international speculative institutions do not usually show their landscapes, they are so powerful that even the government and government have not folded them.

Thanks to these speculative institutions, oil continued to fall.

October 4th.

The value of international oil fell again by $3 and 20 cents.

October 5th.

Falling again.

October 6th.

Fell.

October 7th.

Fell.

October 8th.

Fell.

October 9, October 10.

Fell.

From October 3 to October 10, the value of international crude oil fell from $142.2 to $127.4 in 8 days.

It fell by $14.8.

Decreased by 89.59%.

October 11th.

International crude oil prices continued to fall, falling by $1 to $20.

October 12th.

Continue to fall.

Although it is still profitable to continue to buy short, the risk of lock-up also increases.

At this time, the Tortuga Island financial trading team asked Chen Rui's opinion to continue to short or decisively withdraw the funds.

Chen Rui suggested withdrawing.

Whether it is the Royal Assets Management Committee or the government and government of Tortuga Island, they are not speculative institutions, their 'main business' is to manage the royal assets and maintain the country's financial stability.

"First withdraw the funds of the Financial Authority, the Central Bank, and then, the funds of the Crown Asset Management Committee."

"Okay, Mr. Chen."

A week later.

All the funds plus the profits were all withdrawn.

In this round of short buying operations.

The central bank of the central bank took out all the foreign exchange reserves of 2.7 billion US dollars for short-buying operations, increased leverage, and earned a total of 11.57 billion US dollars and a profit of 8.87 billion US dollars, which has increased several times.

The Crown Asset Management Committee, which took out $6.4 billion, made more profits, more than $20 billion.

Only the discovery of the Bolis oil field will not record such a big decline, and the international crude oil price has fallen by more than 10% in less than 10 days.

It can only be said that the discovery of the Bolis oil field created an opportunity and an incentive for the bearish, and then, international speculators found an opportunity, and these most greedy opportunists on the planet obviously did not miss this opportunity to make money, and then, like a shark smelling blood, pounced on the crude oil trading market.

Then, one by one, true or false negative news was concocted. (To be continued......)