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Chapter 950 [International oil prices skyrocketed]

Around 12:30, another new news came out.

It is reported that foreign media reports that tomorrow, Friday, local time, the Grand Commander will meet with the CEOs of oil companies at the Bai Palace to discuss providing original owners to oil companies under the current plummeting oil prices.

Oil companies participating in the meeting will include Exxon Mobil, Chevron, Occidental Petroleum and Continental Resources.

According to the American Uncle Party, a so-called person familiar with the matter further disclosed that the assistance measures to be discussed at the meeting include imposing tariffs on oil imported from Sater to North America and abandoning the Jones Act.

The current global energy market pattern is that the supply of crude oil exceeds demand, refineries have shut down production capacity, and a large amount of crude oil is stored in onshore or offshore storage facilities. The storage space for crude oil has become increasingly scarce.

Some organizations estimate that there are approximately 1 billion barrels of crude oil storage space in the world. In about one or two months, global crude oil inventories will reach their limits, which will put greater downward pressure on oil prices.



However, when the big A opened in the afternoon, the response of domestic investors seemed a bit slow. When the market opened at 13:00 in the afternoon, the Shanghai Stock Index still fluctuated in a narrow range above the zero axis.

It is not entirely correct to say that the response is slow. The main reason is that I am a little doubtful about the effect of the news and whether funds will buy it. I have doubts about whether the oil price war between the big investors and the bears can really make substantial progress. Therefore, the funds

They are also hesitant, and big funds are not ignited to choose the direction of the market.

It wasn't until half an hour after the opening that the international crude oil futures market rose sharply that I couldn't help but take action.

Around 13:30, the price of WTI crude oil futures and Brent crude oil futures both increased by more than 10 percentage points during the day. At the same time, the oil stocks on the Big A side began to move.

At 13:32, China Man Petroleum straight up the daily limit and became the first oil stock to be closed in the two cities.

Then, more funds gradually responded and began to take action.

The hot spot in the afternoon is oil frying.

After Zhongman Petroleum closed its daily limit, a large amount of market funds poured into petroleum and petrochemical, oil and gas exploration, oil services engineering and other related concept stocks.

As time passed by, stocks such as Zhonghai Oilfield Services, BMC, Beiji Energy, and Taishan Petroleum successively hit their daily limit. The oil and gas exploration services sector led the gains with a sector increase of more than 7 percentage points in just 20 minutes.

Two cities.

Even Zhong Petroleum, whose stock price hit a record low this morning, surged nearly 4 percent.

It can be called the iron tree blooming, which is rare to see.

As oil and chemical stocks rose sharply during the session, after 14:00, the financial fools of securities firms, insurance companies, and banks also stepped forward to help. Most of the technology stocks were cut in half, and there was also a large-scale oversold rebound in the afternoon.

At 14:03, major market software push messages:

[The securities sector strengthened in the afternoon, Huaxing shares hit the daily limit, and stocks such as Zhongyin Securities and Dongcai followed suit]

At the same time, the stock market leader that had been adjusted for three days also fluctuated and strengthened in the afternoon, showing a trend of opening lower and fluctuating higher. The intraday increase has expanded to +3.78%. At the same time, the volume has increased significantly compared with the previous two days.

However, it is worth mentioning that while the king of stocks is rising, funds are showing a net outflow, especially foreign capital is still running away, buying more as it rises.

Wall Street, who know the inside story, are worried that Lu Ming will predict their predictions. They are not taking action at the moment, neither bearish nor bullish, because they are not yet sure whether the money can be recovered 100%.

Other uninformed foreign capital, including some domestic institutions, are generally flowing out. They can take advantage of the sharp rebound to get a better price and run away.

The Norwegian Wealth Sovereign Fund continued its fourth large-scale reduction of Tiansheng Holdings today.

The market is generally not optimistic that Tiansheng Capital can survive this crisis, because everyone sees that North America is serious about it this time, and its attitude is very determined no matter how you look at it, it doesn't look like a joke, and it has frightened a lot of investors anyway.

By.

Some domestic public equity institutions that are not optimistic about Tiansheng Holdings. To put it bluntly, most of them predict that their superiors will make concessions to America. This time, Tiansheng Capital’s turmoil has broken away from the market mechanism and has further escalated to something more.

High level gaming.

After 15 o'clock, as of the close of trading, the three major indexes of the A-share market all closed in the red.

The Shanghai Composite Index rose +1.69% to 2,780.64 points, the Shenzhen Component Index closed +2.28% to 10,179.20 points, and the ChiNext Index closed +2.80% to 1,916.95 points.

Tiansheng Holdings, which has been adjusted for three trading days after the daily limit, rose sharply by +4.98% today to close at 134,934.13 yuan per share, with a daily trading volume of 93.9 billion yuan and an after-hours market value of 10.79 trillion yuan.



At around 22:25 in the evening, Lu Ming entered Tiansheng Qdie Qiwei's trading room. He sat aside and took out a tablet. The interface displayed the personal social media account homepage of Commander Chuanchuan.

Qi Wei didn't understand. Why did the big boss pay attention to this guy?

When Lu Ming saw Qi Wei with a confused look on his face, he immediately smiled and said, "How much money we can make tonight depends on this guy."

Qiwei: "Uh..."

After waiting for a few minutes, it was about 22:27, which is about 9:30 a.m. Eastern Time.

Commander Kawakawa tweeted the details at this time and posted on his social media account that he called Crown Prince Sat and the Emperor respectively yesterday and suggested that they reduce production by 10 million barrels to 15 million barrels.

However, the commander-in-chief told everyone such good news in a reluctant but suggestive tone in the updated dynamic content.

Just ten hours ago, Sat News Agency also released news that Crown Prince Sat had a phone call with the Grand Commander on the oil market.

"He really sent a message..." Qi Wei was extremely surprised when he saw the news. The big boss was so sure of it. Could it be that a bug was installed in the commander's office? He didn't know and didn't dare to ask.

"Our operations are as fierce as a tiger's. The rise or fall depends on the leader. Sit tight and prepare to take off." Lu Ming said with a smile.

Qi Wei couldn't help but said after hearing what he said: "What is the concept of 10 million barrels? Now the daily output of Sate is only 13 million barrels. Are you really willing to reduce production by 10 million barrels? This guy has a history of exaggerating.

of……"

Qi Wei also knew that the US had frozen a large amount of money from the wealthy businessman, and there was no news that the US was willing to return the money to the wealthy businessman.

Why should I cut your production by 10 million barrels?

But the reality is so magical. Even ordinary retail investors can think of problems, but the capital market just buys them.

At 22:29, the international crude oil futures market suddenly started to explode. A minute ago, the intraday increase in the price of Brent crude oil futures had fluctuated and narrowed to 6 percentage points, about US$26.

One minute later, the news from the leader spread quickly. After hearing the good news, crude oil traders were very excited. Brent's increase directly exploded to +14.47%, setting a new intraday high.

After another minute, it exploded to +18.03%, and after about two minutes, it exploded to +24.01%.

After posting the article, the Great Commander seemed not satisfied, and immediately sent another message saying that in yesterday's phone call, he told the Great Emperor that Sate would reduce oil production by 10 million barrels or more, and expected that Sate and Russia would

The production cuts, if implemented properly, will be of great benefit to the oil and gas industry.

After hearing this news, crude oil traders became even more excited. The price of Brent crude oil futures soared from US$26 to over US$36, an intraday increase of more than 40%.

When Lu Ming saw it, he quickly urged: "Ping Duokong, go in, hurry up!"

Qi Wei didn't have time to think too much and executed it immediately, feeling excited in his heart. Fortunately, the small and medium-sized investors and big A investors from the outside didn't know. Who would have thought that Tiansheng Capital was also speculating based on the news.



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