Chapter 699: Crazy Speculator

Economic confrontation is originally an act of killing 1,000 enemies and losing 800 of itself.

Future Technology Group has strong capital support, as well as a well-established industrial system and scientific and technological height, so it is not afraid of economic confrontation, but other countries have no choice.

Although Saudi Arabia has stood with Future Technology Group, the continued low oil prices still have a great impact on the country.

Fortunately, Nayef has collected a large amount of money from a large number of princes and crown princes of the Saudi royal family, and even if oil prices fall further, it will not have much impact on Saudi Arabia for the time being.

What's more, Future Technology Group has begun to build a complete industrial system in Saudi Arabia, and Saudi Arabia's economy has begun to transform, if this transformation can be completed continuously, then Saudi Arabia, with such a huge territory and sparse population, has the full ability to get rid of the constraints of the oil economy and successfully complete the economic transformation.

Therefore, Saudi Arabia also immediately liberalized the price of oil.

However, in this war on oil prices, the real losses are not the United States, but Russia.

Russia's main economic income is dependent on the oil and gas industry, and the rapid decline in oil prices is supported by a strong economic base in the United States, but Russia and the United States.

This made the Russian side quite depressed, which is called a fight between immortals and mortals.

When the United States had not yet done anything to Saudi Arabia, the Russians could not sit still, and just as Putin was preparing to go to Tanzanbique, a business delegation from the Future Technology Group arrived in Russia.

In the afternoon of the same day, a huge investment that surprised the whole world was signed between the Future Technologies Group and Russia.

Future Technology Group will make more than $3 trillion of various investments in Russia in the next five years, and will invest in the mining of a large number of minerals in Siberia, Russia, in addition to high-tech industrial projects.

Such a huge investment has rejuvenated Russia's sluggish economy all of a sudden.

Not to mention some investment in the technology industry, the mining of a large number of minerals in Siberia alone is enough to make Russia's economy develop rapidly.

Siberia has a large number of minerals, but it is quite difficult to develop, one is that Siberia is extremely cold for most of the year, and industrial equipment and personnel are difficult to operate.

If advanced equipment is invested, there is a serious imbalance between costs and benefits, so the minerals on the Siberian plain have always been the chicken ribs of the Russians.

Now that the Future Tech Group has the technology to ignore the cold and the efficiency of mining, the Russians, naturally, will not refuse.

The minerals mined from Siberia will also be fully acquired by the Future Technology Group, which will also bring strong support to the Russian economy.

The Russians, who originally had quite an opinion on the price of oil, also shut up all at once.

Although Russia will lose a lot in this oil price war, the Russians are also willing to see the confrontation between the Future Technology Group and the United States, and from the perspective of national security strategic interests, even if the oil price is lower, the Russians will support the Future Technology Group.

Now with the investment support of the Future Technology Group, Russia also has confidence in the future economy, and even the last reservation has been canceled.

The next day, when all the speculators were ready to buy more oil, there were two billion barrels of crude oil on the resource sales platform of the Future Technology Group, which surprised many speculators in the United States and internationally.

However, at the end of the day, all the speculators around the world who were frantically buying oil found that no matter how much oil they bought, the amount of crude oil on the resource sales platform of Future Technology Group never decreased.

At the end of the day, a large amount of capital flowed into the pockets of Future Technology Group, but the sales platform still showed that it had 2 billion barrels of crude oil.

The trading volume on that day was as high as 6 billion barrels of crude oil, that is, more than 100 billion US dollars flowed into the pockets of Future Technology Group on this day.

With the purchase of these international speculators, the price of oil did not fall on that day and also rose to seventeen dollars per barrel.

Since yesterday, more than $150 billion has flowed into Future Technology Group.

By the third day, the amount of crude oil put on the resource sales platform of the Future Technology Group was even larger, as high as 5 billion barrels, which had already made some speculators give up, but there was still a large amount of capital injection on the same day, and the amount of crude oil traded further increased to a terrible amount of 10 billion barrels.

Ten billion barrels, that's three years of oil extraction in the United States, and it was released in one day.

And the transaction price is directly close to 200 billion US dollars.

The international crude oil market has long been stunned by such a huge transaction.

At the International Crude Oil Forum, all kinds of comments and analyses, everyone is paying attention to this oil war with no smoke in sight.

"There is still so much crude oil, this will not be just fake data fabricated by the future technology group, and there will be double compensation if there is no crude oil delivery."

"It is impossible for the Future Technology Group to do such a stupid thing, I am worried that the Future Technology Group will release more crude oil tomorrow, will it be able to eat it then?"

"I'm even more curious, if the future technology group has no crude oil, wouldn't it be a huge victory for the United States, if oil prices rebound, a large number of speculators and capitalists in the United States, the oil in their hands will make them a lot of money."

"I heard that a large number of capital and speculators in the United States have begun to raise funds from the private sector, claiming that no matter how much oil is released by technology groups in the future, they will eat not a drop left."

"It seems that there is not much money that can be used in the hands of those speculators, and hundreds of billions of dollars of crude oil have been traded in just three days, and it is estimated that there are not many speculators and capitalists who have sufficient funds in their hands."

"Don't underestimate those little-known oil predators in the United States, I heard that this time many oil industries that are not listed in the United States will be involved, and the amount of funds gathered at that time may be hundreds of billions of dollars."

"Now it depends on how much crude oil the technology group can release tomorrow, and if the amount is small, the international crude oil price will rise further, and maybe it will soon return to the level of 20 US dollars per barrel."

"I'm looking forward to the outcome of this oil war, but why am I so optimistic about the future technology group, although the future technology group doesn't seem to have lost much, but in the face of the entire American oil capital plus a large number of international speculators, a bit hanging."