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Chapter 720

Su Ruzhen was not idle either. She organized the Donghua Chamber of Commerce to join the short-selling team.

She emphasized that every company in the chamber of commerce should use available funds to short international crude oil without shaking the foundation of its own company.

So it can be said that this crude oil futures war is unprecedented.

As the executive vice chairman, Lu Changfeng tried his best to organize and support Blueprint Capital’s short selling of international crude oil.

He also knew that if they were successful this time, their profits in the futures market would most likely reach a record high.

If you invest in a large enterprise, it is possible to double your assets.

Under such circumstances, international crude oil prices have shown signs of loosening.

But the oil families and their allies are of course still insisting, and they are trying to achieve their goals by cutting production.

In a certain sense, the long side is the buyer and the short side is the seller.

After fierce competition between the long and short parties, many energy-scarce countries can no longer afford the high oil prices, and they have to spend huge sums of money to purchase crude oil.

Just at this time, the Donghua Control Center made a surprising decision.

Release crude oil from storage and allow export of this crude oil.

As soon as the news came out, the whole world was in an uproar.

Countless merchants came to buy tens of thousands of tons of Donghua's spare crude oil.

Seeing this, Chen Fan cheered loudly.

Um!

So delicious!

It turns out that the real master is the state. They used their huge funds to buy at the lowest prices, and now they are making a lot of money.

This move is superior to that of any company or international player.

A barrel of crude oil costs more than 200 nifty coins, not including freight, and the profit has increased countless times.

Seeing this situation, many countries went to Donghua to buy.

Suddenly, foreign exchange surged, and international oil prices fell in response.

The price of crude oil soon fell from nearly 300 nifty coins to around 200.

Of course, this cannot completely defeat the oil family and their alliance.

They held an emergency meeting, with some advocating persistence and others advocating compromise.

But the oil family was unwilling to give up.

According to their statistics, there are no longer known how many forces in the world are secretly shorting crude oil.

They firmly believe that as long as production is reduced, the short side will completely collapse.

But the world is so big, the current oil price is so high, and they are cutting production, others may not be the same as him.

After all, they do not control the entire world's oil production. If you reduce production, others will increase production and sell crude oil desperately.

If this continues, others will make a lot of money, and you will lose money and make a profit.

Everyone knows this truth. The most important thing now is how to persuade other oil-producing countries besides the oil family to increase production?

As long as they cooperate, the oil family basically has nothing to struggle with.

Chen Fan was looking at the market when he suddenly noticed an anomaly. Gold futures suddenly emerged!

"How is this going?"

"Manager Zhao, immediately plan to go long in gold."

Zhao Linlin didn't react for a moment. The international crude oil hadn't been settled yet, so why was it getting gold again?

Of course she didn't know how the market would change next, but Chen Fan knew.

The international gold price suddenly rose, which was unexpected by many people. Although Chen Fan didn't know the reason, he was able to successfully seize the opportunity with the help of his eyes.

Zhao Linlin spent hundreds of billions of dollars to invest heavily in international gold. Zhao Linlin had just completed the layout, and the news came out on the third day.

The world's second largest oil producer suddenly announced that it would require crude oil transactions to be settled in gold.

As soon as this news came out, the price of gold naturally soared.

When Zhao Linlin saw the news, she was completely stunned.

She simply couldn't believe that Chen Fan was able to capture the rising international gold prices so keenly even though he was fully immersed in crude oil futures.

And he could predict this key point so accurately. How did he do it?

At this moment she had to admire this schoolmate, he was awesome!

Really awesome Plath!

Now that the price of gold is rising sharply, Zhao Linlin looks at the gold account she just set up yesterday and sees that the company is already making a lot of money.

The price of gold has soared here, and the price of oil has plummeted there.

Because after reaching an agreement with the second largest oil-producing country, their crude oil has been continuously released into the market.

The price of oil fell directly from 200 beautiful coins per barrel to the 120 beautiful coins mark.

The oil family went completely crazy, and oil prices returned to their original shape.

All their previous efforts were in vain, and at this moment, short-selling international players were having a carnival.

On the delivery day, the international crude oil price was finally fixed at 116 Nippon coins per barrel.

At this time, some people had disagreements. Some people asked for physical delivery, while others asked for currency delivery.

The short side is not afraid. If it is delivered in physical form, they can buy physical goods from the second largest oil-producing country, but they have to turn the money into gold.

As a result, the price of gold will rise again.

And like Donghua and other big countries, they have a lot of inventory in their hands. Blueprint Capital is planning to use its connections to open channels and lend crude oil to the country for delivery.

However, Chen Fan bet that they did not dare to use physical delivery because they were oil producers and had so many physical objects in their hands that they did not even have space to stack them.

After physical delivery, it needs to be transported and stored, which is also a huge expense.

Finally, under the coordination of the exchange, everyone adopted currency delivery.

The overall situation of international crude oil futures has been decided, and Chen Fan is meeting with an important guest.

This man was Davidson from the oil family. There was no one else in the room. Davidson solemnly said, "If this plan succeeds, I want 10 billion in cash."

Chen Fan nodded. A mere 10 billion beautiful coins was nothing more than drizzle to him.

Davidson came this time and gave Chen Fan a top-secret document.

The data in this USB flash drive is exactly the financial statements of the oil companies owned by the oil family.

We must know that all listed companies have one of the most fatal aspects, which is financial fraud.

Once this kind of thing is exposed, the stock price will definitely plummet.

What Davidson brought to Chen Fan was the killer weapon of the oil family's stocks.

Because he knew clearly in his heart that with the current oil family, just bringing down John, his future successor, would be of no use to him.

So he wants to be strong and transfer the family industry into his own hands bit by bit.

He gave the financial data to Chen Fan, who made money from shorting oil stocks and gave him a share.

This is also a way of transferring property. After the two reached an agreement, Davidson immediately stood up and said, "I'm going to Zhonghai. I hope we can have a happy cooperation."

After sending Davidson off, Chen Fan immediately made arrangements to expose the evidence.

In fact, Chen Fan also knew in his heart that given the current situation, it was obviously unrealistic to eat this behemoth.

The best way is to eat the elephant like an ant and take your time.

After shorting crude oil and stocks, the oil family is bound to be severely weakened. If they try a few times, they may fail.

But if you want to do this, I'm afraid it will take a lot of effort.


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