"Your Majesty, Carl organized a secret meeting of international crude oil companies, everyone is here to make money, there is no need to keep stumbling!" Ferdinand said lightly

This is as if the oil prices in the international market continue to be low, and he did not make it.

But now such a good thing is coming to an end. Oil companies are lucrative, but who would hate to make more?

Once everyone unites and monopolizes the supply of crude oil in the international market, will the profits not be doubled?

You must know that at the most brutal time of the price war, 80 percent of the oil companies were losing money, and the weak ones were squeezed out of bankruptcy.

From 1918 to the end of 1926, this period of time was the cold winter of the oil company, and everyone could only barely support it.

Most of the time, it can only maintain a small profit, and occasionally there are losses. When these things are said, it is estimated that no one will believe them, but these are all facts!

After the end of the world war, crude oil consumption fell sharply, and oil prices began to fall.

Later, with the great development of oil in Bulgaria, under the deliberate control of Ferdinand, the price of oil plummeted.

After the division of the United States, the consumption of crude oil in the international market fell again, and there was no choice but to continue to fall.

It wasn't until Bulgaria acquired the Caucasus that Ferdinand felt that it was almost enough, and the international crude oil market began to return to normal.

Once bitten by a snake, ten years afraid of the well rope!

The capitalists were tossed a lot, so many years have passed, and the big oil fields in Ferdinand's memory have been bought one after another, and he also needs to make money at this time.

"Yes, Your Majesty!" Karl replied

What happens when the oil companies stop fighting each other and instead work together?

This question, if you have toes to think about it, you also know that international oil prices will rise rapidly.

Now the international crude oil price is only 6~8 leva per barrel, how can such a cabbage price continue forever? (Origin price, excluding shipping and packaging costs)

"Your Majesty, what do you think is the right price for crude oil?" Carl asked after a moment's thought

"The international livelihood of the oil price relationship must be based on stability, we still listen to everyone's opinions, in the next year, the international crude oil price will remain between 15~30 leva, which is a reasonable price!" Ferdinand thought for a moment and said

Karl was shocked, he knew that the era of oil windfall profits had come, even if it was not as good as 3 pounds (about 75 leva) during the world war, it was more than now!

"Yes, Your Majesty!" Karl replied without hesitation

He knew that the price of crude oil had risen, and he might be able to make a lot of money, but that was definitely not Ferdinand's main purpose. However, he didn't have the idea of continuing to ask, as a qualified housekeeper, he couldn't be curious.

What would be the impact if international oil prices doubled within a year?

No one can answer this question, except during the world war, there has never been such a big fluctuation.

Ferdinand didn't know what would happen to other industries, but companies in oil-related fields were likely to be wiped out.

This is a very ordinary economic means, first reduce the price of oil, let the oil industry develop, and now that the industry is mature, it will come out to cut the Philippine vegetables.

When the price of crude oil is at its lowest, it only costs 3~4 leva per barrel, which is cheaper than using coal as fuel.

(Note: 1 barrel of oil = 42 gallons = 158.99 liters, a ton of oil can be filled with about 7 barrels, depending on the density)

Due to the continued decline in oil prices, trains are now burning oil, cars are burning oil, ships are burning oil, and even boilers in many places are burning oil.

The steam engine has been phased out, and oil has replaced coal as the first energy source of our time.

In short, the oil industry in this era has matured, the whole society has become inseparable from it, and it is time to harvest.

This problem is not only seen by Ferdinand, but also by other consortia, otherwise there would not be so many oil companies that have changed owners over the years.

……

London

When Prince William received Ferdinand's telegram, he accelerated the sale of the property. Not only stocks, but also real estate in London, some corporate factories, are the target of sell-offs.

Not only is he selling assets, but other consortia are also reducing their stock holdings intentionally or unintentionally, obviously knowing that the population of danger is not one or two.

This has not dampened people's enthusiasm for the stock market, with the media reporting good news every day and companies making a lot of money on their annual statements.

There is no doubt that it is still a bull market!

London is the world's financial center, and tens of millions of funds flow into London every day, most of which go into the stock market.

It is this living money, which continues to flow into the stock market, that pushes up the price of stocks.

"William, you're not optimistic about the market, are you going to retreat?" Prince Henry asked, confused

"Yes, Henry! You look at the annual statements of these companies, oh my? Counterfeiting should also be more professional?

For example, this guest car company, last year's car sales exceeded 100,000 units, and the profit was as high as 70 percent.

And this sales, if they have such a big sales, why don't I see a few guest cars on the streets of London?

And this maintenance rubber company, who doesn't know that the rubber plantations in Southeast Asia have suffered heavy losses and a large reduction in rubber production, and they actually grew against the trend?

Are these people in the brain? Such an obvious problem, once discovered, the stock price will immediately collapse!

There is a madness, Henry, are you still optimistic about the stock market in London? William asked rhetorically

"Like you, we are not optimistic about the London stock market, but it is not yet at its peak, and the time for a crash under normal circumstances has not yet arrived!" Prince Henry thought for a moment and said

"Of course it's not there yet, aren't you also starting to retreat? Don't tell me you don't know these things! Prince William said with a frown

"Isn't that what you lead? The stock market is different from other industries, we have to retreat together, otherwise no one will be able to run, you say you won't play, we don't dare to continue! Prince Henry thought for a moment and said

"We don't dare to play anymore, for in the same period in 1928 there was a daily inflow of 11 million pounds into the London stock market, and now it is 12 million pounds a day.

These are superficial figures, which seem to be growth, but in fact there is now at least a million pounds of money flowing into the stock market that we have thrown in to keep from affecting the market volatility.

However, the daily outflow of funds from the London stock market is as high as more than 15 million pounds, and it is still increasing, and the growth rate of the stock market is obviously problematic! William said directly

Retreat should also pay attention to strategy, it is impossible to leave blindly, and it is a good way to leave the scene slowly now, and constantly release good news to cover.

The media will only report that the inflow of money into the London stock market is increasing, and no one pays attention to the outflow of money from the stock market.

Even if someone finds out that the company's annual statement is fraudulent, they are pretending to be confused, and telling the truth at this time is going to kill people.

Unless the consortium has almost withdrawn, then is the time when the media comes out to expose the dark side of society, and if the window paper is pierced at this time, the newspaper will not be able to enter the market.

"Okay, William, I admit that what you said makes sense, but you are also in too much of a hurry, is there anything big going on that I don't know about?" Prince Henry asked, confused

"Not yet, but soon there will be, you can investigate for yourself, huh? I don't think you can't find out? William said confusedly

"William, you don't know, it's not my turn to interfere in the family's business. I care about these issues, and that's because of my own property, and if I use the power of the royal family, it's easy to gossip! Prince Henry said with a frown

William nodded, these things are very normal, if it weren't for the fact that the Bulgarian royal family hadn't grown yet, just their fathers, sons and brothers, they wouldn't have been so peaceful.

The more people there are, the more things there will be, and if you provoke these contradictions for a little profit, the gains outweigh the losses.

"This situation will change soon, and soon you will have to make your own portal, and these troubles will no longer exist!" William reassured

"Thank you, William! These are minor issues that I can solve.

Can you tell me how long you think the London stock market crash will be? Prince Henry asked solemnly

"Around 1930, which is what most consortia expected, everyone was starting to raise money!" William thought for a moment and said

……