The international crude oil market has remained at a high level of $80 a barrel in the past.Many experts pointed out at the time that $80 a barrel of international crude oil was the price that oil should maintain for a long time.At this price point.The profits of oil-producing countries will not be too low, and the costs to oil-importing and oil-consuming countries will not be too severe.It's a great price.But in fact, sometimes what the dealers say is a fart.In fact, those major oil-producing countries with huge oil reserves produce a barrel of crude oil, and the lowest price is only about a dozen US dollars.The cost of oil in those seas will be high.Since October.The price of international crude oil, which has been stable at a high of $80 a barrel, began to loosen and began to fall in the past few days.There are many reasons for the decline.The global economy is in a recession, the stock markets of major countries are falling, many futures are falling, the Federal Reserve is preparing to raise interest rates soon, and so on......
There's actually one more ......
Death to a major oil-producing country!
In October, there was a tragedy that shocked the world.One of the major oil-producing countries, the camel country.In the embassies of other countries, they brutally killed a journalist who had been opposed to them.This is one of the fuses.It was only after this incident that international crude oil began to fall.Although many oil-producing countries have begun to remedy, including the Bald Eagle and the Great Bear, the two major oil-producing countries and world powers, are using various measures to remedy.However, the international crude oil market is still very volatile.Both of the data that Abel is looking at now are important.One is NYMEX crude oil.One is ICE Brent Crude Oil.These two international crude oil futures are the two most important indicators in the international crude oil market.The former is crude oil in the New York futures market, and the latter is North Sea Brent crude oil.The former is mainly based on Middle Eastern light crude oil, which is easy to exploit, low cost and good quality.The latter's crude oil is extracted offshore, which is difficult and costly, so its futures price has always been higher than that of New York light crude oil.Abel noted that the price of NYMEX crude oil futures has been declining from $76.22 a barrel on October 3.As of today, October 15th, it has come to around $71.ICE Brent crude oil is moving in a similar direction, only a little more expensive.The overall situation of the global economic market is so bad now.Abel doesn't believe that international crude oil will only fall here.Do you want to speculate on a wave of international crude oil?
Speculation on international crude oil is actually the futures of international crude oil.It works in much the same way as investing in the forex market and investing in stocks.Since it is only for the foreign exchange market, it is too eye-catching.Then make some other investments.Abel's eyes were closed.The smoke of fate kicks in again.Magical smoke twisted in the air to form a message.
[Mission: Hair, Reform, and Committee solemnly announced!
]Regardless of whether the price of international crude oil falls or not, our gasoline price just does not fall!!
However, the future of international crude oil will be a long and violent downward movement!
Let's do it!
】[Reward: Oil Tycoon Title or Futures King Title] Smack!
Able snapped his fingers happily.And so it was.Even the smoke of fate was revealed.It seems that in the coming period, the decline of international crude oil will be very serious.The market price is now at $71, but since the smoke of fate says that this time the oil will fall sharply.Then it proves that this decline must be considerable.It doesn't necessarily fall to the seventy or eighty dollars a barrel in the 80s.But it fell by half.It should still be no problem!
Very good!
After shorting the U.S. stock market, Abel is now ready to short international crude oil.He quickly prepared to contact John Mellon.Shorting international crude oil is similar to shorting U.S. stocks, if you have a small amount, you can do it by finding a trading platform.But it involves more than 100 million units.In addition to being an investment bank and a futures trading company, the most convenient and suitable thing is to find the help of a large bank.Wells Fargo is a good choice.I've worked with them so many times and I've made so much money for Wells Fargo.Able didn't mind working with them any longer.But Abel quickly put down the phone.Because John Mellon told him that John Mellon and some of his friends were on their way to invest in the Oasis.John Mellon and his friends wanted to talk to him about business.Abel certainly welcomes it.An hour later.Oasis Investment welcomed some guests.Abel asked Alvertelli and Lana to drop them off in his office, and then had his secretaries serve coffee.Thankfully, his office is big enough.Because there were a lot of guests, the sofa in his office was almost full.These come inside the guests.With the exception of John Mellon, an old acquaintance, some of the others were the least people they had met once.It was Andy Smith and the young men he had seen at John Mellon's cocktail party that day.This is a group of N, 2nd and 3rd generations!
The influence of this group of guys themselves is very ordinary, but the influence in their family does not dare to say that it is the whole federation, but it can be regarded as a one-handed cover on the West Coast.Don't say anything else......
The eldest lady of the governor of California is now lying on the sofa, looking at Abel with an interested look on her face and a smile on her face."
Welcome to my visit."
Abel smiled and opened his hands to make a gesture of welcome: "I don't have anything good here."
Enough coffee tubes!
”Before John Mellon could speak, Andy Smith said with a big grin: "The coffee is delicious!"
It's true!
But Abel, it's not coffee that we want to drink right now!
What we want now is for you, the new god of stocks, to take us along!
”John Mellon shook his head helplessly.He smiled at Abel and explained, "Abel.Don't get me wrong, these friends actually know about the funds you talked about on CBTV that night!
They were very interested, so everyone came together and wanted to ask, when will these funds start selling?
”John Mellon has something left unsaid.In fact, these people didn't believe it very much.It's always just Andy Smith jumping on and off, because Andy Smith believes in John Mellon's vision.Then I learned from John Mellon that John Mellon himself invested $5 million in the fund.Out of belief in John Mellon, plus Andy also knows Abel.He wants to get rich, he wants to make money.In particular, Peter Lynch, Sequoia Capital and KPCB have joined Bluestar Future.Those funds, in turn, will be pledged against shares in Bluestar's future.These N generations are interested!