Chapter 53: Cohabitation Routine
“.... This time, we are targeting crude oil. ”
Smith Capital,
On the podium,
Taking the microphone from David Mellon's hand, Abel said loudly:
"Can anyone tell me what the price of oil is right now?"
He was not asking, of course, what the price of gasoline was.
His questions were also quickly answered.
Someone shouted: "BOSS, news from Bloomberg."
The price of crude oil in New York is now 29.96, Brent is 31.16 and Oman is 30.09!! ”
New York crude oil is an international crude oil futures contract on the New York Mercantile Exchange, Brent is Brent crude oil on the Intercontinental Exchange in London, and Oman is a crude oil on the Dubai Mercantile Exchange.
Of course, there are more than these three varieties of crude oil futures in the world.
The three most influential, basically arguably.
These three crude oil futures contracts determine the benchmark price for global crude oil trade.
Investment banks and financial firms, when investing in crude oil futures.
Generally, they make a fuss about these three.
Hearing this, Abel nodded, indicating that he heard it.
Crude oil for around thirty dollars, sounds cheap to people in 2022.
But in the eyes of people in 2000, thirty dollars of crude oil was already very high.
At the beginning of last year, at the beginning of 1999.
The price of international crude oil has always been maintained below $20.
At its lowest, it was even as low as $10 a barrel.
Dig it out and lose money.
But just a few months later, in September-October 1999, there was a sudden surge.
For the first time in a month, the price exceeded $30 a barrel.
This is the highest since the 1991 Gulf War.
Since 2000, oil prices have hovered at a high level of more than $30 for a long time.
This has a negative impact on the economies of oil-consuming countries, as well as on the world economy.
Even the United States was forced to announce the use of 30 million barrels of "strategic oil reserves".
OPEC and non-OPEC members have also begun to increase oil production.
But so far, little has been done.
It will take at least some time for oil prices to come down.
At least for now, international crude oil is generally still maintained at about $30 a barrel.
Abel knew that this price would definitely not last long.
Mainly because Aramco is still an oil consumer.
Now in 2000, the industry of the United States is very developed, and the oil produced by itself is not enough.
This country has not yet transformed from an oil-consuming country, like an oil-exporting country.
Therefore, the United States will never allow oil prices to remain high, and will try to suppress oil prices by all means.
By the end of the year at the latest, oil prices will definitely fall.
But knowing that the current international crude oil can still make a fuss on this.
He plans to do a short- and medium-term trade for a month or so.
"From now on."
He began to call the shots, "a total of one billion dollars, about dozens of times leverage, and began to buy crude oil." ”
"The opening time is half a month, and after half a month, I hope that you can buy all crude oil futures contracts at a price below $31 a barrel."
"Beat up all the ammunition I've prepared for you, and let's get started."
He gave the tools the people and gave the order.
Just like he has done many times in the six months since the company was founded.
The tools below immediately began to prepare.
Abel said to David, "Open the permissions." ”
It's different from other companies.
Smith Capital, 80 analysts and traders, most of the time have no trading privileges.
Only Abel needed these tools to fulfill their duties as tool men.
The company will open limited permissions to these tool people, so that they can do so during this time.
With the company's account and funds, as well as credit guarantees, transactions are carried out within the specified range.
"Understood."
David has been working with him for almost a year.
Very knowledgeable about his style of acting.
"I'll leave it to you." Abel said, "I have left beforehand." ”
"Hmm."
Out of Smith Capital,
Depart Woolworth House.
Abel went downstairs,
Near the entrance to the Woolworths Building, sit on a black Cadillac STS.
"Go to Chelsea." After getting into the car, he said to the driver.
Chelsea here is certainly not the Chelsea in London.
Manhattan also has a neighborhood called Chelsea.
Within the influence of Ansa culture, there are not 100 places called Chelsea, but dozens.
Just like in the sphere of Slavic cultural influence, there are many called Moscow.
The largest Moscow, of course, is the capital of Russia.
The smallest of Moscow, or even just a small village in the countryside of Bird Kran.
The driver understood what the boss meant, turned on his turn signal, and the car drove down the streets of Manhattan.
Near noon, Manhattan was blocked again.
Looking at the traffic jam ahead, Abel made up his mind again.
To move, move the company.
Manhattan is congested, and it's good to live in normal times.
But once there is an emergency, it is really a headache to encounter this situation.
In the future, if you move the company to Queens, you can choose to take a helicopter directly to and from work.
That way you can avoid this congestion and not waste time on the road.
Obviously, from Woolworths Building, to 357 17th Street in the Chelsea neighborhood, the distance is not very far.
Because of the traffic jam, I still drove for a little more than half an hour.
Half an hour later,
357 West 17th Street, Lower Manhattan.
Cadillac STS, stopped at the door.
Edward in the passenger cab, as well as Lin, Johnson, Lincoln and others in a Cadillac SUV that had been following behind got out of the car first.
It was only a few minutes before Abel got out of the car.
When he came down,
The brass door of the house at 357 17th Street has been opened.
Steve, the bodyguard here, stood behind the door with a smile on his face.
Abel smiled and nodded at him, walked in, and said casually, "Is Jessica there?" ”
"Yes. The young lady knows that you are coming and is already waiting for you on the second floor. Steve said.
Hearing this, Abel stopped talking and walked towards the escalator.
Step on the escalator and look up.
The mixed-race girl of the Ming ** people, already smiling, stood on it.
"Hi dear, good afternoon."
"Good afternoon, dear."
Able walked up, asking, "What are you doing?" ”
"I'm playing a game with Mary."
"Oh?"
As he spoke, Able had already walked down the escalator to the second floor.
Jessica Alba snuggled up.
Abel hugged the girl's fiery body and lowered his head to grab the red lips.
"What game to play?"
He didn't know that he actually had a lot of lethality to the girls.
Although now, he also wants to hold her.
Go upstairs to the master bedroom and try out the Simmons springs that are custom-made at VISpring, with or without spring.
"You bought a PS2." Jessica Alba said.
Abel looked into the living room and found that the TV in the living room was indeed connected to the PS2 game console he bought.
Jessica Alba's female bodyguard, Mary, was standing next to her, nodding and smiling at his boss.
The PS2 of the small cabinet was released in March of this year.
In the first month, more than 600,000 units were sold.
Sony has made a lot of money.
At that time, he also bought several PS2s, and at the same time made more than $20 million on Sony.
Because of the success of PS2, Sony's stock price has risen by more than ten percent.
Abel took advantage of the trend and went long Sony stock at the low point and made a lot of money.
The building at 357 West 17th Street in Lower Manhattan, where Jessica Alba now lives, was bought at that time.
A total of more than $28 million was spent, and Sony "helped" 20 million.