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Chapter 758 [Everyone strives for their own interests based on their own abilities]

Two days later, Quantitative Capital headquarters.

Chen Yu handed a paper document to the assistant accompanying him and ordered: "Shred this document..."

Just when his assistant was about to take it over, Chen Yu took it back and stood up and said: "Forget it, I'll go there myself."

At this moment, he happened to be passing by a nearby shredding machine, throwing documents into it, and then destroying it. All this was done for Wei Qiwei to see, because he was also present at this moment.

The reason for being there was that Chen Yu was going to hold a meeting, and Wei Qiwei was also going to attend the meeting, and he and Chen Yu "happened" to enter the conference room for the meeting together.

This meeting is not important. In fact, the real purpose of the meeting is to let Wei Qiwei see the scene of shredding documents at this moment.

After seeing the documents being shredded, Chen Yu went straight to the conference room. Wei Qiwei glanced at the paper shredding machine with his peripheral vision and followed it as if nothing had happened.

The working principle of the document shredder is to cut waste paper and other materials into small pieces or thin strips through a high-speed rotating cutter, and finally achieve the purpose of complete crushing, but it is not completely irreducible.



That night, Wei Qiwei got hold of the documents that Chen Yu shredded.

When recycling the garbage, they were transported out of the company and directly rummaged through the garbage dump and taken away. Wei Qiwei privately arranged for a group of people who specialized in doing this to restore it one by one from a pile of scrap files day and night.

, found the document that Chen Yu shredded with his own hands.

In the days that followed, Wei Qiwei's people were restoring the documents, and Qunxing Capital and Quantitative Capital also began to make arrangements.

Short the crude oil futures market, short gold, short silver, short natural gas...

But the purpose of setting traps for opponents is to go long, that is, to use the two insiders Wei Qiwei and Lu Chengye to convey the opposite and wrong information to Wall Street. The "reliable inside information" obtained by Wall Street at that time is that Qunxing Capital is going long.

.

In fact, a year in advance, Fang Hong had already asked Qunxing Capital to continue to short-sell these products, just waiting for these products to fall. This time, he set a trap for Wall Street to enable them to increase their efforts, so that they could spend time.

The cycle has been shortened from one or two years to about one month, and harvesting can be completed in even less time.

Not only can it save a lot of time and cost, but it can also reap more profits. After the time is saved, it can be harvested again. It is a win-win situation where you want to win twice.

Fang Hong is also paying close attention to international oil prices these days.

With the advantage of foresight, Fang Hong knows that June is the turning point for international oil prices. The current international crude oil price is around 110 US dollars. After this month, crude oil prices will enter a continuous downward trend.

If nothing else, the price of Brent crude oil will fall below US$100 in September, while WTI crude oil will be around US$90.

In two months' time, that is, in November, the head of the Ministry of Energy of Saite will go to Venezuela to participate in the International Climate Change Policy Conference, but the more important purpose is to use this miracle to negotiate with them to reduce their crude oil holdings.

In Fang Hong's previous life, Venezuela agreed to reduce production at this point in time, but the attitude of other non-OPEC oil-producing countries was still uncertain.

For example, Mexico disagrees. The country has just emerged from recession and is attracting foreign investment to develop its energy industry. It cannot reduce production at this time.

Not surprisingly, in late November this year, the OPEC meeting will be held in Vienna as usual, and all non-OPEC oil-producing members will be present, including Big Goose and Novi.

But Big Goose's attitude is indeed cold and frosty, just like the cold weather in Vienna in November, not to reduce production is the final answer given by Big Goose.

Afterwards, all parties turned their attention to the big players, hoping that the former head of Sat Aramco, now the head of Sat Energy, and the most respected person in the global energy market, could once again take the lead in reducing production.

However, this year is different.

Sate also refused to cut production, and the ambitious production reduction meeting ended in a collapse of talks.

This year, the international crude oil market has entered a completely disorderly competition and beggar-thy-neighbor prisoner's dilemma situation.

For many years, Sat's image has been that of the "regulator" of international crude oil prices and the defender of the order of the international crude oil market.

But starting from the second half of this year, this price regulator and order maintainer has also become the largest player in the law of the jungle. In the next two years or so, the international crude oil price will fall from US$110 to around US$6.

On the surface, the outside world generally interprets that Sate is to help North America work together to fight against Goose. It has been several years since the civil war broke out in Syria, and Goose is providing support.

North America has three purposes for cracking down on oil prices. One is that cracking down on oil prices can severely damage the economy of Big Goose. After all, energy is the core pillar industry of Big Goose. If oil prices plummet, Big Goose will not have an easy life.

The second is that North America is undergoing a "shale oil and gas" revolution. There is only so much demand in the global energy market, and there will not be a sudden surge. If North America wants to get a piece of the pie, it can only eat from other people's bowls.

Third, North America also wants to suppress inflation. High oil prices also put great pressure on North America. For the United States, the most comfortable position for oil prices to fluctuate around US$70. If the oil price is lower than US$0, shale oil and gas exploration will

It’s impossible to continue playing, because the cost of extracting shale oil is US$0. If the price is lower than this, the more you extract, the more you will lose.

Naturally, the United States has its own little jiujiu, but this little jiujiu can't deceive the big sat dogs and big geese. They are not stupid. If North American shale oil and gas rises, they will definitely compete with me for meat. Global market demand

It's so big, and there are still variables in the new energy revolution.

Once the new energy revolution breaks out, it will be a bleak end for all oil-producing countries.

The economic structure of Sate is highly dependent on oil. Apart from oil extraction, there are almost no other industries. As the oil field reserves are gradually depleted, big players are making a difficult choice between developing other industries and insisting on selling oil.

Developing other industries requires money, and money can only be obtained from selling oil.

Therefore, the big investors and big geese don’t want the shale oil and gas in the United States to steal their meat.

The big dogs did agree to join North America in suppressing oil prices, but the big dogs wanted to bring the oil price below $0. Big Goose also chose the lesser of two evils. Although life will be difficult if the oil price plummets,

This is just sad for a while, just get over it and you'll be fine.

It's better to divide it between two people than three people. If you divide it between two people, both of you can eat enough. But if you divide it between two people, someone will be hungry. If the shale oil and gas in North America is allowed to develop, the hard times will not be a matter of time.

It's a long-term sadness.

Therefore, the big goose is also willing to endure the plummeting oil price and kill the shale oil and gas in North America. After this period of time, it can only reduce production and raise prices. By then, the big dogs will definitely cut production and push up the oil price in order to recover blood.

As long as the development of shale oil and gas in North America is interrupted, it is basically impossible to restore it later. This kind of heavy industry cannot be dismantled and restored immediately. If it were that simple, the production line of North American F-fighters would have been restored long ago.

Moreover, capital will be wary of its willingness to enter the market. They are afraid that if they enter the market again, Big Goose and Sater will once again increase their holdings and suppress oil prices, and there will be another explosion, then they can directly explode on the spot.

The risk is too great, and capital is unwilling to intervene.

It can be seen that on the surface, the big dogs are increasing production to help North America suppress oil prices and make the big goose uncomfortable. In fact, the big dogs and the big goose have joined forces in a tacit understanding to drive oil prices to the floor and kill shale oil and gas in North America.

The sharp drop in oil prices is definitely a good thing for the big eastern country. After all, it is the world's largest oil importer.

The cheaper the imported resources are, the difference in price is profit.

In today's complex international struggle among various parties, Fang Hong lets Qunxing Capital fish in troubled waters in the financial market. From the perspective of Qunxing Capital's interests, this chaotic situation is very profitable for it.

After all, the bigger the storm, the more expensive the fish.

There is no such thing as a good guy or a bad guy. Everyone strives for their own interests based on their own abilities.

...end of chapter


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