Chapter 1192: The Beginning of the Oil Price Crash?

came to pick up Xiao Qi's car, and this time it was replaced by the car of PetroChina Capital Branch.

The actress's sister is now in Lin'an and has started filming "If You Are Honest Do Not Disturb 2", although the location is still chosen in the summer, which corresponds to the cold Hokkaido of the first episode, but the script is much better than the rough fabrication of the second episode in the previous life, Xiao Qi read the script and felt that it was not inferior to the quality of the first episode.

The second sequel to "Palace Lock Heart Jade" "Palace Lock Bead Curtain" is also beginning to be filmed intensively, and the fashion idol drama "Marriage Defense War" has also started preparations.

For a film and television company as small as Kiwifruit, if it wants to do these two TV series and a movie at the same time, it is really stretched in terms of manpower and resources, if it is not for the secondment of a lot of manpower from Baoyu, I am afraid it will collapse directly.

Rao is like this, Xiao Jiawei, Zhu Hong and others are also very busy.

Relatively speaking, the boss, Miss Qiao Guoer, is an optimistic character, and after handing over things to someone she trusts, she becomes a big shopkeeper, which is naturally much easier.

Xiao Qi came to the capital this time, and naturally called her in advance, and the charming girl is not the kind of woman who can't live without her boyfriend for three days, but she has no special regrets.

Jiang Dahai brought a total of five cars over, all of which were Mercedes-Benz commercial cars, and the car Xiao Qi and Tang Mingxiang were sitting in was in the middle of the convoy, and on the opposite side of the seat was a fat middle-aged man with a sad face.

"Mr. Jiang, aren't you going to be a general manager in another place? Why do you look sad? Did you send you to Qianzhou? Xiao Qi asked jokingly.

As soon as he got in the car just now, Jiang Dahai deliberately had such a sad face, and naturally he had words to talk to Xiao Qi.

Now as soon as Xiao Qi mentioned the conversation, Mr. Jiang naturally smiled bitterly and said: "Qi Shao, I don't believe that you are not nervous, you have placed 5 billion US dollars in gambling chips!" ”

"$5 billion?" Xiao Qi pondered for a moment. Suddenly realized: "You're talking about oil futures!" ”

Jiang Dahai's eyes were about to pop out: "Don't say you don't know!" ”

"Know what?" Xiao Qi asked rhetorically.

"A few days ago, it was about to break through $80 per barrel, but after entering August, the price began to fall, and it fell as much as $2 in the past two days, and our entire PetroChina people are panicking!" Jiang Dahai stared at Xiao Qi and said, "Qi Shao, what have you been busy with lately." Don't worry about such a big thing? ”

"Oh, yes, I know." Xiao Qi nodded, "It's been up for so long, and it's okay to fall a little, why be nervous?" ”

However, since the resignation of President Bear Stearns a few days ago and the bankruptcy protection of the American Home Mortgage Corporation, a real estate investment trust in the United States, the financial situation in the United States is now tense, and it seems that many financial companies cannot hold on. Where can oil prices hold up? Jiang Dahai almost cried: "Qi Shao, if the price of oil plummets, and we buy more than 1.2 billion barrels of oil, it will be a huge loss!" How can Cao Dong hold on to it then? ”

PetroChina's purchase trajectory was all negotiated by Xiao Qi and Cao Zhichong.

Since March, they have bought more than 1.2 billion barrels of oil, both in spot and futures, and are now stored in coastal cities. Or it's coming one after another.

1 barrel of crude oil is usually more than 150 kilograms, and 7 barrels is generally 1 ton. More than 1.2 billion barrels is about 170 million tons, at an average price of 62 US dollars per barrel, the purchase price of PetroChina is 75 billion US dollars, plus the cost of transportation and storage, it can directly exceed 78 billion US dollars, accounting for almost all of PetroChina's cash flow. It even borrowed two to three billion dollars from the China Development Bank.

Not only PetroChina, but in the past few months, the three giants of Sinopec, CNOOC, and China Aviation Oil have also bought a total of more than 2.7 billion barrels of oil, and the four together are 4 billion barrels. 572 million tons of terror stockpiles.

In the field of oil circulation, PetroChina, Sinopec, and CNOOC are the three giants, but if you add the consumption field, China Aviation Oil, which supplies 80% of the oil used in aviation, is also a super oil swallower, so Niu Ru is letting them join in.

At the beginning, everyone was very cautious, but since June, after the continuous rise in oil prices, these three giants have also accelerated the pace of oil purchases, and the super inventory of more than 2.7 billion barrels is also something they have not experienced.

You must know that in 2006, China's total oil consumption was only 320 million tons, of which its own crude oil accounted for 60%, that is, only 128 million tons were imported last year.

According to the current inventory of 572 million tons, no matter how much economic growth is, there is no problem in two or three years.

If the price of oil really keeps rising, then Huaguo's oil industry will make a lot of money in this rising crisis, and the people who carry out this jihua will not be richly rewarded.

But if the subprime mortgage crisis is really very serious, and the price of oil suddenly turns around, then there is no doubt that it will be a huge disaster.

At the time of the financial crisis, because of the decline in demand, the price of oil will continue to fall, which is an iron law, so in the eyes of many people, the current price decline is the beginning of the crash.

Once it collapses, the damage to China's oil industry will be absolutely catastrophic!

Tens of billions of dollars in losses and decision-making mistakes, not to mention the giants of the oil industry, even Niu Ruzheng also has to be saddled with big involvement, and it is unlikely that he will take a back seat, but next year's vice president. I'm afraid it's a bit dangerous.

If it really comes to that point, Cao Zhichong, who is the most active in hoarding fuel, is definitely the biggest scapegoat, and he will definitely go to the end, like the general manager of China Aviation Oil who was sentenced in Singapore, and it is not inconceivable to go to prison for several years or more - China Aviation Oil only lost 550 million US dollars that time, and now Cao Zhichong is facing a huge danger of tens of billions of US dollars!!

Jiang Dahai is Cao Zhichong's absolute confidant, Cao Zhichong collapses, Jiang Dahai will also collapse, not to mention being sent to a prosperous province as a leader, even if it is safe to retreat to the second line, I am afraid it will be a problem.

can ascend to the position of chairman of PetroChina, Cao Zhichong is naturally open-minded and can be stable, but Jiang Dahai is a little unstable.

There is no other reason, the amount involved this time is too big, more than 570 billion yuan, once the collapse loss, no company can bear it! (To be continued......)