Chapter 151, the price of oil has risen

International crude oil prices soared, the most affected is the logistics industry, it was not easy to ban the carriage with a car, I thought I could make a good profit, but because of the rise in oil prices, the cost increased significantly.

The trucks of this year are not cheap, and they are tens of thousands of leva, or even higher, such a big cost has been invested, in addition to gritting their teeth and holding on, what else can be done?

Want to quit? It's late!

Originally, the logistics industry had just emerged, and it was the golden age, but as a result, oil prices rose, and the golden age directly transitioned to the black iron age.

Belgium was one of the most industrially developed small countries in Europe, and in order to improve efficiency, Belgium broke out in the transportation revolution after the end of World War I.

"Luke, go and ask why the price of oil has risen again, in less than three months, the price of diesel has doubled, isn't this a human life?" A middle-aged man said angrily

"Dear Mr. Ham, the fuel company has called today to explain that the international crude oil price has risen and they have to follow the price increase.

It is said that the outbreak of the Mexican Civil War has led to a significant reduction in the region's crude oil production! Luke explained

"Hell, why are there so many bad things, first the oil fields in Sumatra were bombed by the rebels, then the oil pipelines in Iraq were damaged, and now it's Mexico's turn?

Contact the fuel company, we want to order 10,000 tons of diesel, and ask them if the price can be discounted! Ham said with a frown

If he hadn't known that someone was manipulating the price of oil, he wouldn't have become a Belgian transport giant.

He knows what he knows, but he is still powerless, and he can't expect the Belgian government to intervene in international crude oil prices, right? Who's going to buy them?

Since the arm can't twist the thigh, it's better to stock up on a batch of fuel in advance, and now it's too late to start.

"Yes, Mr. Ham!" Luke replied without hesitation

"Mr. Ham, are we going to raise some shipping costs, as we are now, we basically have no profit!"

"Well, okay James, you communicate with the customer and explain the reason to them, it's not that we want to raise the price, it's the price of oil has risen, and we can't do anything about it!

Freight rates will be increased by 35% for the time being, and if oil prices continue to rise, then we will also increase prices! Ham said after a moment's thought

"Yes, Mr. Ham!" James replied

Ham's transportation company is not small, with more than 100 cars, all of which are oil tigers, and if they run it, they will consume more than a dozen tons of fuel every day, which is not a small number over time.

According to the current price of refined oil in Belgium, it costs 321 leva per ton of fuel, and the fuel cost of 4,500 leva per day will be spent.

It is the cost of hundreds of thousands of leva a month, which is the largest cost expense in the logistics industry.

The impact of rising fuel prices on the logistics industry is the greatest, not only in automobile transportation, but also in maritime transportation.

In the past few years, oil prices have continued to fall, and everyone has consciously eliminated the steam engine, and instead of burning coal, they have changed to burning oil.

At this time, the transportation industry has been fully affected by the rise in oil prices, and it is still affecting all walks of life.

A large increase in costs will inevitably lead to a rise in prices, but now the supply exceeds demand, and the price of goods will lose their competitiveness, and the high cost of not increasing prices will drag down enterprises.

Don't expect everyone to raise prices collectively, because at the same time it is useless to increase prices, and consumers have no money in their hands and cannot afford to buy high-priced goods.

If you are a smart person, the best thing to do is to immediately reduce production and cash out as much as possible, which is the biggest drawback of the real industry, which is too affected by the market environment.

In this case, most people can only hold on, everyone has a kind of luck mentality, the price increase is only temporary, and when crude oil returns to normal, everything will be back on track.

It can be said that Ferdinand single-handedly stirred up this economic crisis, and the hidden dangers have been deeply buried, and now just waiting for a fire in the stock market will detonate all this.

Once the stock market plummets and the banking industry is too busy to take care of itself, companies will naturally no longer be able to continue to obtain loans from banks, and the capital chain will be broken, and it will be difficult to avoid bankruptcy.

At this time, the major powers are okay and have a deep heritage, and the consortium will come out at this time to merge the enterprise factory.

These are minor issues, and it doesn't matter who owns them, as long as they can survive.

High-quality enterprises were merged, inferior enterprises were eliminated, relying on the support of the colonial market, a survival of the fittest.

This is also why, after the outbreak of the economic crisis in the history books, the Germans chose to go to war, and the Americans supported the war behind the scenes, while Britain and France, which also suffered from the economic crisis, quickly got out of the crisis.

"Your Majesty, international crude oil prices continue to rise, and domestic fuel prices have also risen sharply, I am afraid that a new crisis is coming!" Chancellor of the Exchequer Kennedy said worriedly

You must know that to do a full set of plays, even if you want to make a show, it must be real.

The oil fields in Sumatra were indeed bombed, and there are photos taken by journalists to prove it. The oil pipeline in Iraq is indeed broken, don't you see that it is now being "overhauled"?

In short, now the international crude oil production has fallen by 10 percent, and the oil companies are suffering heavy losses. Therefore, the price of oil has doubled, and it is not possible to supply short supply and demand!

"Well, it's inevitable, the economy is not normal now, and now the fuel price is rising, which can only be regarded as adding a catalyst to it.

The domestic impact should not be too large, as the world's largest fuel exporter, we should be considered to be the profiteering party, right? Ferdinand asked with concern

"Domestic oil prices have also risen sharply, but our oil prices are lower than those abroad, and companies still have an advantage in production costs!" Kennedy thought for a moment and said

Sure enough, the big oil-producing countries are the most suitable for playing industry, and the innate cost is much lower. If there is such a big advantage and the results cannot be achieved, it is really incorrigible.

Whether Ferdinand wanted it or not, the oil industry became the backbone of Bulgaria. In addition to the production of crude oil, refineries have sprung up one after another, creating a brilliant foundation for the Bulgarian oil industry.

Ferdinand is not a tyrant in the Middle East, just sell crude oil, in fact, Bulgaria prohibits the export of raw materials, and crude oil is no exception, and if you want to export, you must first process it.

In this way, the oil industry will not be able to explode if it wants to, and it can be said that as long as Bulgaria does not export fuel for a day, the European economy will have to fight three times.

"Judging according to the actual situation, if the impact is too great, the transportation industry will be refunded!" Ferdinand thought for a moment and said

"Yes, Your Majesty!" Kennedy replied

In any case, the higher the price of oil rises, the more Bulgaria's fiscal revenue will increase, and the problem of curbing the rise in oil prices has never been a concern for oil-producing countries.

Even if the international oil price rises to the sky, Bulgaria is also the biggest beneficiary, which is much greater than the interests of the Americans in later generations to manipulate oil prices.

It would be best if the rise in oil prices could crush some competitors and hinder the industrial development of countries.

"Your Majesty, the League of Nations has finally reached an agreement on the issue of the debts of the Russians, and Western Russia will bear fifty-eight percent of the debt, and Nicholas II is estimated to be angry!" Mejev gloated

"Oh, it looks like we're going to prepare the money, I'm afraid it won't be long before Nicholas II will sell Ukraine!" Ferdinand said with a smile

"Your Majesty, how is this possible? But the representatives of Western Russia have made a guarantee in the League of Nations that they will definitely not sell the Ukrainian regions, otherwise they will not let them pass? Metev asked, confused

"Fifty-eight percent of the debt, that is, West Russia has to bear at least 1.75 billion pounds of foreign debt, and the interest-free loans due this year alone are as high as 120 million, will their fiscal revenues be enough to pay off?

There are also debts due in the first two years, but it is a pity to say that once these interest-free loans are overdue and cannot be repaid, they become interest-bearing loans, and the Western Russian government will not even be able to pay the interest.

Even if we want to revive the economy, we can't do it in an economic crisis, right?

Then there will be only bargaining, the economic crisis will break out, everyone's life will be difficult, and it is impossible for countries to make concessions on debt at this time.

If they don't want to be crushed by debt, they're going to abandon their pawns!

The current Western Russian government, credibility is their last pillar, and Nicholas II will not dare to rely on it! Ferdinand said with a sigh

Seeing that the plan was about to succeed, Ferdinand did not feel happy at the last moment, but had an indescribable feeling.