Chapter 305: 170 million barrels of crude oil, ready to be sold!
With 100 million Hong Kong dollars, you can at least acquire about 3 points of Hong Kong Electric Group shares.
Although it can only last for a few days at most, it is enough for Su City.
Because, there are already oil traders purchasing crude oil from Tianwen Oil Company in Sioux City.
This matter was reported to Su City by phone yesterday when Li Yihui, the president of Tianwen Oil Company, was resting at home.
Since the international supply of crude oil is seriously insufficient, even when oil prices continue to rise, it is still not enough. Therefore, Sioux City, which holds 170 million barrels of crude oil, has become the target of many customers who are short of oil.
170 million barrels of crude oil, this is not a small number.
According to Li Yihui's news, oil refining companies in Japan, South Korea, Singapore and other places are currently purchasing oil from Wentian Oil Company.
Japan and South Korea have developed rapidly in recent years, so their economies are very good, and their energy needs are naturally increasing.
Although they have always bought oil from oil-producing countries such as the Middle East, under the current situation, it is impossible for those oil countries to give them enough. Basically, each customer gives some.
What about the remaining vacancies? Then we can only let them figure it out on their own.
So, they focused on Tianwen Oil Company, which owned a full 170 million barrels of crude oil.
Because Xiangjiang is very close to them, even if the price is the same, at least they can save some transportation fees. And the transportation speed can also be much faster.
As for Singapore, although their country’s population is not large, they cannot use too much oil.
But Singapore is now one of the three largest oil refining centers in the world, with many oil giants.
Therefore, their demand for crude oil is very large.
After the crude oil is refined into various things, it can be sold all over the world.
The Governor of Xiangjiang, Mai Lihao, also had this idea and wanted Xiangjiang to become one of the world's oil refining centers like Singapore.
Back to the topic, 170 million barrels of crude oil is a very large number.
So this is his confidence.
Sioux City read the newspaper this morning. The international crude oil price has risen to 36.4 US dollars per barrel.
It was only five days later. Before returning to Xiangjiang, Su Cheng paid attention to the oil price in the Hollywood hotel. At that time, it was only 33.8 US dollars per barrel.
At this rate, it won’t take long for international oil prices to rise above 40 US dollars.
40 US dollars is already a price that Sioux City is very satisfied with.
After all, the average price of buying oil back then was only a little over 10 US dollars.
Even including transportation costs, the average gas price is only about 12 US dollars.
So, at US$40 per barrel, Sioux City can already make a lot of money.
In the second world oil crisis in another world, oil prices will indeed rise to 40 US dollars, but that will take some time.
In this world, because of Sioux City's early intervention, it allowed him to collect 170 million barrels of crude oil in advance. Such a situation will naturally lead to a rapid decrease in the world's well-exploited crude oil reserves.
So, the price of crude oil has risen faster than in another world.
However, what Sioux City doesn’t know is, after it rises to 40 US dollars, will this price reach its peak?
Because, in Sioux City’s previous world, $40 was the top.
According to Xiao Ai's analysis, US$40 should not be the peak, and can even rise to US$50. This is why Su City has not panicked.
Now that oil prices have risen so much, it is time to start shipping slowly.
This oil crisis will last for nearly two years, so Sioux City has no fear of not being able to sell the 170 million barrels of crude oil. Moreover, after oil prices rise, even if the oil crisis is over, oil prices will not fall back to around $13 soon.
Capitalists and oil countries simply don’t allow it!
Despite this, oil prices must reach a peak, but when this peak will be is a question.
According to the information given by Xiao Ai, in the second world oil crisis in another world, the period from January 1979 to May 1979 became the peak of the oil price of this wave of oil crisis. The oil price was once stable at $40.
Now, the oil price has risen so much in advance, and it is estimated that it will not fall by January next year.
But there will always be a limit to the increase, and it cannot continue to rise like this.
So, the maximum rise to between US$40 and US$60 is the data predicted by Xiao Ai.
Su Cheng is not a very greedy person, so he has already planned to slowly start shipping after the price reaches 40 US dollars per barrel.
Anyway, he doesn’t know how high the increase in crude oil will be this time.
Stop it when you’re done!
When shipments started, Su City's funds naturally began to be abundant.
Hearing what Su Cheng said, Zhang Qizheng was a little surprised. Could it be that the boss still had funds?
As the head of a private investment company in Su City, Zhang Qizheng naturally knows the trends in Su City very well.
Although it is unclear how many assets he has, Zhang Qizheng can still roughly know where his boss has recently obtained funds.
Most of these are operated by his hands, and Zhang Qizheng understands them very well!
Therefore, seeing that Su Cheng is so confident, he is definitely confident.
“Boss, do you have any other projects where you can make money?” Zhang Qizheng asked curiously.
Given the relationship between Zhang Qizheng and Su Cheng, Su Cheng would certainly not be angry at this.
"I have no plans to engage in any money-making projects recently. You want to ask, what confidence do I have?" Su Cheng asked with a smile.
"Boss, you are so direct." Zhang Qizheng nodded.
This was what he was curious about.
There is no need for Su Cheng to hide this from Zhang Qizheng, because he will know about it soon.
"My 170 million barrels of crude oil are almost ready to be sold. If nothing else happens, in a few days I will start to gradually sell the crude oil I have hoarded in advance." Su Cheng said with a smile.
Hearing what Su Cheng said, Zhang Qizheng no longer worried about insufficient funds.
You know, some time ago, he also served as the interim general manager of Tianwen Oil Company.
At the beginning, he personally welcomed a lot of crude oil back to Hong Kong.
"Boss, sometimes I really admire you, you are so prescient!" Zhang Qizheng was very emotional looking at the young boss in his early twenties.
“Actually, everyone knows about the situation in Persia. Large-scale demonstrations began at the beginning of this year. It’s just that no one thought about the oil crisis. But I felt that early on, There is a high chance that this time there will be another oil crisis like in 1973. Therefore, I decided to take a gamble of 10 billion Hong Kong dollars. If the bet won, it will be like now. If the bet failed, I would not lose anything. Crude oil It’s a currency in itself!” Su Cheng explained with a smile.
Persia witnessed large-scale demonstrations against the Persian monarchy in January 1978. Everyone knows this.
However, no one saw that this demonstration actually became the beginning of the Persian Revolution.
This is also Su Cheng's best excuse.
(End of this chapter)