legendary trader

Chapter 204 Chapter 203
"What are you talking about about the price of oil in the oil field?" Zhang Yang, who was in front of the computer, finished looking at the plane at this time, got up and walked over to sit next to them, asking curiously.

He knew what they said about the investment in the imperial capital before, but he didn't know the situation of the African oil field behind.

Chen Fan and Zheng Xiaopang looked at each other, and Chen Fan smiled and said, "Brother Jun, that is, Xiaopang's cousin fell in love with an African oil field. Last time we talked with us in the imperial capital to see if we would like to participate One share."

"It's not that you don't know the current oil price. Even if it rises back, it's estimated to be 15 or 6 a barrel, which can make a little money." Zhang Yang shook his head and said, apparently lacking interest in investing in oil fields, of course, the main reason is that he doesn't have the money Can vote.

Chen Fan smiled and said: "You know the relationship between him and Xiaopang. At that time, Xiaopang asked his family for support and participated in a share. I couldn't refuse, so I also said to participate in a share. In the end, it's up to you to decide whether it will work or not. Groove, at that time it was said that it would invest 150 billion, and Xiaopang said earlier that the price would increase, and the investment may increase to 200 billion."

"Hahaha" Zhang Yang let out a burst of laughter, and after laughing he said, "How much do you need for that share? Only [-]% increase shouldn't be too much."

"It's only increased by 5%. If I say Yangzi, the three achievements are [-] million." Chen Fan shook his head and looked at Zhang Yang and said, "Now do you think it's too much?"

"Oh, that's not too much. The company has made a lot of money in gold and crude oil recently, so it should be fine." Zhang Yang scratched his head and said, "You guys will still make troubles, and this will start to go international, haha."

"Do you want to buy some shares?" Chen Fan asked Zhang Yang.

Zhang Yang shook his head and said, "What can I do with that little money? Even if I want to invest, I can just buy the stocks of oil companies. It is necessary to participate in your project. It sounds scary. Besides, I want to use the money to invest Crude oil, it’s better to be a mouse warehouse and follow the company’s operation, so you can earn more money than you invest in oil fields.”

"Fuck, you still want to be a mouse warehouse, haha" Zheng Xiaopang laughed at the side.

"Too far away, let's go and see the trend of gold and crude oil. I think gold may break 300 yuan tonight. It depends on how high it can go. I will be ready to close my position at any time next week." Chen Fan got up and said.

"Then what about the crude oil you invested in? The current trend seems to be going sideways here, and it doesn't seem to be breaking down. Are you looking for an opportunity to close your position and get out?" Zheng Xiaopang said while sitting there.

"Let me take another look. If the chances are slim, I will withdraw first. Anyway, it is a profitable business." Chen Fan shook his head, obviously dissatisfied with the trend of crude oil.

"After breaking the position of 15 yuan, when it fell to 12 or 3 yuan, I said that we would take advantage of the opportunity of the collapse of the market mentality and smash the crude oil market. You just don't listen. Look, the oil price is stable here now. , now I don’t even dare to smash the plate.” Zheng Xiaopang said with a curled lip.

Zhang Yang interjected: "Although the market was a little bit collapsed at the time, there were fewer short sellers when it reached 12 yuan. Instead, there were many long institutions. At that time, smashing the market was also very dangerous, and it was easy to be sniped."

"Tch, what do you know. Shorting is to take advantage of changes in the market mentality. Everyone is scared to short. The situation at that time met the conditions for shorting crude oil. Now that the market mentality is stable, if the opportunity is missed, it will disappear." Zheng Xiaopang Getting up bitterly, "Let's go, see brother's gold."

Zhang Yang shook his head with a wry smile and also got up and followed out of the office.

Coming to the trading room, Chen Fan went directly into the crude oil trading room, asked about the market situation of crude oil, and found a computer to start analyzing the trend of crude oil prices.

Zhang Yang went to the big trading room to watch the transactions of his traders. Zheng Xiaopang only cared about the gold trend he was in charge of, and everything else had nothing to do with him.

After carefully analyzing the trend of crude oil prices in the past ten years, Chen Fan noticed that the price of oil has always fluctuated around the central axis of 20 yuan. It fell back quickly.

Obviously, the price of 20 meters is a price recognized by many oil-producing countries, because this price is already very profitable for the original producing countries and production companies.

Also because of the stable oil price and the excellent performance of crude oil production companies, many oil-producing countries have successively considered increasing investment in crude oil, hoping to obtain more funds by increasing crude oil production.

Over the past year or so, the price of crude oil has shown a downward trend, and the price of oil has also dropped from more than 20 yuan to about 18 yuan, a drop of more than [-]%.

Apparently, the 2 or 3 yuan drop caused the dissatisfaction of those desert tyrants who are mainly engaged in oil production, but what they want is not to think of ways to increase oil prices, but to choose a way to significantly suppress oil prices and reduce the profits of crude oil production. It is hoped that this will allow some other oil-producing countries to give up their plans to increase production and reduce investment in this area.

Chen Fan didn't know how those desert tyrants thought about it, and what kind of plans they made to influence other oil-producing countries, but this made Chen Fan doubt his initial judgment.

At the beginning, he understood that this was the intention of the desert tyrant to reshuffle the global crude oil production capacity, hoping to destroy some oil companies with high extraction costs, and then further increase his voice in the international crude oil market.

However, since the first sound to affect the international oil price, the desert area has not made any sound recently, and the international oil price has also begun the process of bottoming out around 12 or 3 yuan.

It should be said that at this price, for some countries in the Northland, crude oil production is no longer profitable, and has even begun to lose money.

But for the goal of the local tyrants in the desert, the current oil price just makes them unprofitable, or the profit is meager, which may affect their plan to increase production, but it seems impossible to squeeze those oil companies.

Now what Chen Fan needs to consider is whether they will suppress the international oil price for a long time. If the international oil price is suppressed for a long time, then this industry will start to shrink in the next one or two years, so as to achieve the goal of the desert tyrants.

But long-term suppression of oil prices is a double-edged sword. Killing one thousand enemies will hurt eight hundred.

The local tyrants in the desert are used to living a luxurious life, and the current oil price will not have a small impact on them. How long can they last?

It stands to reason that the common interests of oil-producing countries and oil-producing companies should be to raise international oil prices so that their profits will be greater.

However, the rise in international oil prices will attract a large amount of capital into this industry, and crude oil is an important commodity, even if the profit is meager, as long as countries with resources will invest in production to meet the needs of their own economic construction and avoid the emergence of world energy more than 20 years ago crisis.

It should be said that with the rapid development of the global economy in recent years, the global demand for crude oil has also increased day by day, especially the economic development speed of Huaguo in recent years has been astonishing.

But after Huaguo's economy slowed down, it was very difficult to start it up again.

As the new leadership determined to develop the economy more than ten years ago and improve the status of Huaguo in the world economy, it began to attack the industries monopolized by a large number of wealthy families in the past, and helped private capital develop through all-round policy support, and achieved achieved fruitful results.

With the development of the economy, especially the development of foreign trade, the chemical industry with petroleum as the main raw material has developed rapidly, and the national income has gradually increased, and the private car ownership has also begun to increase rapidly. The private consumption of crude oil chemical products It is also increasing day by day.

Due to the needs of economic development, the consumption of various resources and materials has intensified. In recent years, the country has also conducted a general survey of mineral resources. In addition to delineating a considerable amount of mineral resources as national reserves for storage, all resources that are insufficiently supplied are through overseas trade. Obtain.

Therefore, for this investment in African oil fields, Chen Fan is not worried about the lack of sales. The only thing he needs to consider now is the issue of international oil prices.

And the analysis of international oil prices cannot bypass the current major crude oil supplier in the world - the desert tyrants.

Chen Fan had no hope of obtaining information from these desert tyrants.

Although he once planned to arrange Mr. Liu to find a way to send people there to see if he could get the plan to manipulate the international oil price, but thinking that if the incident happened, it would lead to a serious international incident. Chen Fan still suppressed his thoughts.

Next week, let's see if we can use those overseas market research companies to do this kind of thing. Even if there is an accident, it will be because these companies search for information based on their business needs and customer needs, and these companies are very concerned about the acquisition of such economic information. Should be more handy.

Withdrawing his thoughts, Chen Fan began to reconsider this matter.

The increase in crude oil production by the desert tyrants is obviously to increase income, but in fact it is to combat the boom in oil field investment that has emerged in recent years. If these capitals are to be successfully attacked, it is impossible to suppress oil prices in a short period of time to achieve this goal, so the depressed international oil prices need to maintain It may take quite some time to achieve the goal.

It may take at least a year, or even two years, to cool down the oil field investment boom, so it seems unnecessary to continue to hold a large number of short positions in crude oil futures now.

Maybe the international oil price will really fall below the 10 yuan he judged, but who knows when that will happen. If it really stays at 12 yuan for a year or two, Chen Fan will shake his head, it won't be worth it.

"Are there many sell orders for crude oil futures now?" Thinking of this, Chen Fan didn't want to continue holding positions in crude oil futures, so he asked the traders around him.

The traders around him were taken aback by Chen Fan's sudden utterance, and they reacted later and said: "The trading is not very active now, and there are relatively few trading orders. Usually, the trading will start to gradually become active at five or six o'clock. , the transaction will reach the peak of the day by the time of the United States."

After Chen Fan exited the analysis system and displayed the real-time market on the computer screen, Chen Fan began to issue the latest trading order to the traders: "The current price starts to close the position slowly, and close the crude oil futures order below 13 yuan."

"Received." "Received." After the two traders answered bluntly, they began to close their positions with small orders.

Chen Fan was worried that the two of them had misunderstood, and further added: "When closing positions, try not to affect the market price. Slowly close, there is no time limit, understand?"

"Understood." "Understood."

Chen Fan sat on the chair and looked at it for a while, and found that the two traders were okay. They were taking turns making small orders and sweeping the selling orders above. They were more careful in their operations and did not affect the oil price.

Seeing this, Chen Fan felt relieved, got up and left the trading room. Chen Fan didn't even look at the gold, and went straight back to the office to rest.

After six o'clock in the afternoon, Zheng Xiaopang and Zhang Yang came to greet Chen Fan to go downstairs for dinner. While walking, Chen Fan told them that he had arranged for traders to close positions on crude oil futures.

Zhang Yang obviously knew about it beforehand, and his face didn't change much.

Zheng Xiaopang just heard about it, so he asked: "Do you think the price of crude oil is unlikely to continue to fall? You have been guessing that it will fall below 10 yuan, hehe"

Chen Fan shook his head and smiled, "I don't know if crude oil will fall below 10 yuan, but I don't want to wait."

"You mean the international oil price will stay at a low level for a while?" Zheng Xiaopang asked with wide eyes, "Is this good or bad for our investment?"

"No, low oil prices are good for investing." Before Chen Fan could speak, Zheng Xiaopang muttered to himself.

"When do you think the oil price will rise?" Zheng Xiaopang soon thought of the important point.

Chen Fan shook his head and said, "I'm planning to recruit overseas research companies and analysis companies to see if I can get information on this. When the oil price will rise, it depends on the needs of the rich people in the desert."

Zheng Xiaopang nodded and said: "This idea is very good, let's just pay some money and let them get the materials."

"Hehehe, in fact, we don't need to pay for this money. When the time comes, we will directly hand over the bill to your brother. This should be considered as part of the feasibility study report of the oilfield project. With the current international oil price, who is willing to invest? If the intelligence shows that those oil-producing countries only want to suppress oil prices for a short period of time, then it can further prove the correctness of our investment." Chen Fan said with a smile.

"Xiaofan, you've become picky, you can't even give up this little money, just pick it up." Zheng Xiaopang sneered.

(End of this chapter)