Chapter 1704 Cao Dong's Be Careful

Since the development of automobiles in the early 20th century led to the rapid development of the oil industry, the oil price system has never experienced such ups and downs as in 2008.

No matter how much you don't understand oil, as long as you know a little bit of information, you will know that the biggest difference in oil prices in 2008 was more than 100 US dollars - this is the price of a barrel of oil in a year!

From the continuous rise in 2007, to the continuous new highs in 2008, until the mid-July 2008 reached the sky-high price of 147.27 US dollars a barrel, but after this day, the oil price took a sharp turn and fell within half a year. I paid 100 US dollars, and finally ended on December 31 with around 45 US dollars.

If we look at it in hindsight, none of the institutions, investors, experts, etc. this year could have guessed the overall situation.

It can even be said that people have never even thought about the oil situation in 2008, which was so ups and downs and so exciting.

In the stock futures market, the so-called ups and downs and soul-stirring, but it involves the winning or losing of hundreds of billions of dollars, which is enough to make people crazy.

Only a reincarnated person like Xiao Qi dared to play so well.

But Xiao Qi has experienced so many things, he is not as unscrupulous as he was just reincarnated before.

Because the cause and effect of anything affects the progress of things.

Xiao Qi has changed some things, so the following history will also have changes of varying sizes, which is the inevitable trend of historical inertia.

For example, Bear Stearns, the fifth largest investment bank in the United States, was acquired by JPMorgan Chase in March 2008. However, under the influence of Xiao Qi, this matter was brought forward by more than a month. During the Spring Festival in February 2008, Bear Stearns officially became a member of JP Morgan Chase.

The majestic Bear Stearns, the majestic fifth largest investment bank in the United States, has been a giant who has dominated the wind and rain for decades. It has to be emotional to end up like this in one day.

Xiao Qi didn't have much emotion, the more this kind of harmful company dies, the better, not to mention that this is just the beginning, and the good show is yet to come.

Back to oil.

If Xiao Qi remembers correctly, in mid-July 2008, the price of oil was US$147.27 a barrel. At that time, it will be the highest oil price in history, and it is estimated that such a high price will not be possible in the next 10 years.

Here I want to explain that the so-called oil price is actually traceable.

Normally, when the economy is growing fast, that's when everyone needs energy. Strong demand leads to rising prices; conversely, when the economy is in recession, people do not produce and consume much, and naturally less oil is sold, and the price drops accordingly.

This is a very normal economic principle, and it is also a barometer for people to judge the economy.

It is also because of this that those so-called experts have been tricked by Xiao Qi repeatedly in the past two years. There are no pants left after losing.

Because they don't understand that there are normal times and abnormal times.

The economic development situation in the past two years cannot be judged by common sense at all. The giant crocodiles who make waves are often buried in the bottom of the water, and only when they have the opportunity, they will immediately rush out and bite their prey into pieces.

This involves hundreds of billions. Even if it is a matter of trillions of dollars, Xiao Qi is afraid that his previous life experience is not enough, or if there is some deviation, he will be a big sinner.

Therefore, he simply asked the three barrels of oil and the four companies of China Aviation Oil to sell early, and slowly sold them at around US$130, and at most around US$140. There is no need to pursue what sells for the highest price.

Real giants never pursue profit maximization, and making money steadily is what they have always pursued—isn’t Buffett successful because of this?

Cao Zhichong and Xiao Qi thought differently. He once considered the situation after the price of oil went all the way down, and felt that it would be that time. I have nothing to do with myself. After all, the previous deal was done so beautifully. With this foundation, even if it fails later, there is still a lot of room for maneuver. Besides, the oil price is already so high now, how could it be possible to drop to the next level? Under $60?

Therefore, Cao Zhichong took a prudent approach. On the one hand, he stopped buying high-priced oil, and on the other hand, he actively digested the inventory, and prepared to turn the oil in his hand into various high-value-added finished products as soon as possible, and cash out to obtain more benefits.

As long as the money is in hand, the future rise and fall of oil will be another round of things. At least now I have achieved the most complete success.

Therefore, he used up 30 million tons of oil stocks in just five or six months!

Don't think that 30 million tons of oil is very little. You must know that in 2007, the total oil consumption of Huaguo was only 350 million tons, and domestically produced crude oil accounted for 60% of the total, and only 140 million tons were needed for imports.

With 140 million tons of imported crude oil a year, PetroChina, Sinopec and CNOOC averagely share less than 47 million tons a year. Cao Zhichong spent 30 million tons in five or six months, far exceeding his plan.

It can't be said that Cao Zhichong's idea is wrong. In fact, this approach is very safe, at least the previous profits can be directly pocketed.

But Xiao Qi is different, what he pursues is greater victory.

One victory over Uncle Sam and the Europeans is not enough. Only by winning and weakening them will we have room to grow.

Under the control of Europe and the United States, Huaguo's company has very little chance of success and is restricted everywhere. It is rare to have a chance to break the shackles. It's no wonder Xiao Qi doesn't work hard!

Where his thoughts flashed, Xiao Qi said with a half-smile: "Cao Dong, you don't believe me?"

After Cao Zhichong retorted subconsciously, he knew it was going to be bad, so there were very few rebuttals in person, and he was really courting death.

Pretending to make a smirk, Cao Zhichong shook his hands and said, "Qi Shao, how could I not believe you? It's just that I analyzed this matter from the perspective of a normal person, which is different from the thinking of a genius like you! Can you Tell me, let me, Lao Cao, see it too?"

"The price of oil continues to rise, but the demand for spot goods is still decreasing. This contrast between supply and demand has not only hurt the oil exporting countries, but also the US New York crude oil futures that controls the world's oil futures system. Market. Over the years, the United States has entrapped countless people through the speculation of crude oil futures! This futures market can be said to be a magic weapon for Americans!" Xiao Qi said, "Americans are not vegetarians. Once they touch their Bottom line, don’t care how high your oil prices are, they will definitely stop it! Once the US government takes action, do you think the price of oil will continue to rise?”

After a pause, Xiao Qi continued: "Even if the U.S. government doesn't take action, can oil prices continue to rise? Any bubble will burst, but it will burst sooner or later! I let you take action now, just to prevent you from falling into a bubble In the trap of bursting! Don’t you understand the most basic strategy of buying low and selling high?”

"Hehe, I rarely sell high and buy low. I often just buy high and sell high." Cao Zhichong is not shy at all. Cao has never done it before!... Young Master Qi, shall we play it safe?"

"It's okay to be stable, then you will never be able to stand out in the rest of your life." Xiao Qi sighed: "Old Cao, I really think that you are actually a talent. Not to mention anything else, after one term, go to the Ministry It is possible to become a powerful minister here, or to go directly to the CPPCC as a vice chairman after serving two terms!"

Cao Zhichong almost drooled.

What is he working so hard all his life for?

Isn't it just to shine in the official career and achieve a prominent life?

Although he knows that his ability is a bit inferior to that of a genius like Niu Ruzheng, but now that he is sitting in the position of a senior official at the deputy ministerial level, he really feels that he has the ability to be a minister. of.

At his stage, there are usually Austrian aid, or directly the backstage, otherwise it will be difficult to go further in single-handed combat.

Cao Zhichong didn't dare to think that his backer was Niu Ruzheng, because Boss Niu was so prominent that ordinary people could not rely on him. Even outsiders thought Cao Zhichong was Niu Ruzheng, but Cao Zhichong himself knew that he was a very outsider. .

So Cao Zhichong felt in his heart that Xiao Qi should be behind him.

Because of this, he has been closely following Xiao Qi's footsteps. Facts have proved that Cao Zhichong's decision is very correct and very wise. In just two years, he not only reversed the influence of the people on PetroChina, but more importantly The most important thing is that it has been recognized by the leaders, which is very dazzling.

Now he wanted to be stable, but the blueprint Xiao Qi drew for him was so tempting that Cao Zhichong's heart was a little shaken.

"Qi Shao, it's not that my old Cao is timid. This matter... Alas! I can't afford to bet on it!" Cao Zhichong said struggling.

"You are hypocritical!" Xiao Qi shook his head, "Old Cao, how dare you dare to buy oil worth more than 70 billion U.S. dollars. Now that you have made achievements, you have become timid. Is it the mentality of someone who does big things? Uncle Niu often said that I am a small farmer with serious thoughts, but I think you are much more serious than me!"

Cao Zhichong smirked, not daring to answer.

In fact, he was indeed like this. After such a great achievement, he didn't dare to take risks.

This has nothing to do with whether he believes in Xiao Qi or not. It is purely a thought deep in his heart. After he has achieved success and fame, he becomes "not seeking nothing but nothing".