The two came to the negotiation area of the office, and Li Yihui began to make tea.
After pouring a cup of tea for his boss and himself, Li Yihui returned to his desk again, took a document, returned to the negotiation area, handed the document to Su Cheng, and then said: "Boss, this is Detailed data on crude oil sales in the past few months."
Su Cheng nodded, took the file, opened it and looked at it.
170 million barrels of crude oil were finally sold out after being sold for more than half a year.
“Of the 170 million barrels of crude oil, our refineries have used nearly 40 million barrels, which means that the actual sales are about 130 million barrels.” Li Yihui continued to explain from the side.
These are what Su Cheng had previously agreed to do with Li Yihui.
After all, compared to selling crude oil, you can actually make more money by refining crude oil into finished products and then selling them.
Therefore, in fact, the more the refinery recruits, the more money Sioux City will make.
In more than half a year, 130 million barrels of crude oil were sold. This speed is considered very fast.
Sioux City directly turns to the last page to view the total sales.
Total sales were US$4.986 billion.
Nearly 5 billion US dollars!
The average unit price of a barrel of crude oil is US$38.35.
The initial purchase price in Sioux City was only about 10 US dollars.
In other words, Su City made a lot of money from this operation.
This is much better than what was originally expected.
At the beginning, Sioux City estimated that it would be satisfied if it could double the profit. It would also be satisfied if it could earn US$2 billion after the entire batch.
At the beginning, this batch of crude oil only cost Sioux City 1.859 billion U.S. dollars. Adding import taxes, transportation fees, etc., the investment was less than 2 billion U.S. dollars.
Today, the sales volume has actually reached nearly 5 billion US dollars. This is the reason why only 130 million barrels have been sold. There are still 40 million barrels going to the refinery, which can earn more.
The refinery cooperates with the gas stations of Hutchison Petroleum Company. Basically, the oil is refined according to the sales estimates of Hutchison gas stations. In other words, the 40 million Barrels of oil are basically transported to various Hutchison gas stations and sold out.
Unexpectedly, the average selling price could reach such a high level.
This kind of operation is unique in the world.
Because Sioux City knew that the exchange rate between US dollars and Hong Kong dollars would continue to rise, all transactions were settled in US dollars.
Except for the initial requisition of part of the funds sold by Suzhou City to the beautiful country, Sioux City has not used the funds to sell crude oil since then.
Now, these funds are lying in the bank.
These are cash, not assets!
Previously, crude oil was just a cargo, but now it has finally been turned into cash. It can be said that it is safe to be safe.
"What's going on with the oil price? What's the oil price now?" Su Cheng put down the document and asked in surprise.
The average price per barrel is US$38.35, which is really beyond his imagination. After all, his initial plan was to accept an average price of US$20 per barrel.
Unexpectedly, the average price was almost US$40.
This is really beyond expectation.
“According to the latest price, the international crude oil price is now US$33.69 per barrel. The price this month has been hovering between US$32 and US$34, which is very stable. At its highest, the price once exceeded 50 US dollars. US dollars per barrel, from December last year to January this year, we took the opportunity to sell a lot of goods, and now the price has fallen," Li Yihui replied.
According to the information he got from Xiao Ai, during the second world oil crisis in his previous life, the highest price of crude oil only soared to 41 US dollars per barrel, and this was not until the end of 1980. will happen. But now, it is only March 1979. According to the price trend in the previous life, the current oil price should still be around 20 US dollars per barrel, because the Iran-Iraq War has not yet broken out. Wait a few months before the Iran-Iraq War breaks out. , the oil price will go up in a straight line, going straight to more than 40 US dollars a barrel.
After all, both Iran and Iran are major oil-producing countries. A cutoff in oil supply to two countries would be much more serious than a cutoff in supply to one country in Persia.
But now, just the Persian Civil War has raised the price to the highest price reached during the second world oil crisis in the previous life.
It’s messed up, everything is messed up.
Just because he bought crude oil aggressively before the crisis, the price of crude oil has deviated far from the price trend of the previous life.
This is really something unexpected by Su Cheng.
He, a little butterfly, flapped his wings and actually completely changed the direction of the world.
No matter what, these are only good for Su Cheng and have no harm, allowing him to earn so much.
Although, among the money, there is 5 billion Hong Kong dollars borrowed from Huifeng Bank by Suzhou City.
However, among US$5 billion in sales, HK$5 billion is nothing.
At the current exchange rate, one U.S. dollar can be exchanged for 5 Hong Kong dollars.
When the repayment period comes, Sioux City can easily repay the 5 billion Hong Kong dollars plus interest.
At the beginning, borrowing this money was really a good deal.
The price is just 5% interest.
The interest of HK$5 billion is only HK$250 million.
But Sioux City used this 5 billion Hong Kong dollars to make more than 10 billion Hong Kong dollars.
If you calculate it this way, HK$250 million is nothing at all.
There are still several months left before the one-year repayment period, so this matter is not urgent.
“The drop in oil prices means that the situation in Persia has stabilized?” Su Cheng asked.
During this period, he didn't pay much attention to oil prices and things in the Middle East, so he didn't know much about the situation there.
“It is considered stable. The Persian king had fled Persia in January and his regime had been overthrown. After he left, all the symbols of the Pahlavi dynasty were destroyed and the opposition took over. Persia, I heard that it is preparing to establish a republic next month, and it is now in preparation.
Despite this, Persia's oil is still in a state of stopping external sales, and because of this, the international crude oil price is still there. The reason is that it is above 30 US dollars. However, as everyone is full of confidence in the future reduction of oil prices, it is difficult for oil prices to rise to forty or fifty US dollars per barrel. According to the predictions of experts in the international oil industry, oil prices may fall to Within 30 US dollars, it is not impossible for the price to fall back to more than 10 US dollars per barrel when the situation in Persia completely stabilizes." Li Yihui said everything.
Su Cheng nodded, disapproving of the predictions of these experts and simply ignored them.
Because he knows that next, the oil dealers in the beautiful country will start to cause trouble, causing the situation in Persia to stabilize and the oil price to be unable to fall.
And wait until next year, the Iran-Iraq war will break out, and by then, oil prices will rise even higher!
Due to the political turmoil, Persia's oil production dropped significantly. Under the slogan of "execute the beautiful country" by the new Persian regime, the relationship between Persia and the beautiful country began to deteriorate. The beautiful country engaged in oil exploration and oil trade in Persia Almost all merchants were expelled from the country.
The U.S. oil companies then passed on the losses they suffered in Persia to the U.S. people. Just like the first oil crisis, the U.S. oil companies repeated their old tricks. First, they used the media to exaggerate the impact of Persian oil production cuts on the U.S. people. It then deliberately reduced the supply of oil in the US market, artificially creating an oil shortage, and then oil companies, large and small, frantically raised prices according to the agreed prices.
These are all reasons why oil prices cannot fall.
It’s just that everyone doesn’t know it yet and naively thinks that oil prices will fall soon. (End of this chapter)