Resource Tycoon Reborn

Chapter 200 Thirty times the income

"Faced with a large-scale sudden attack by the Iraqi army, the Kuwaiti army was caught off guard. Before it had time to organize effective resistance, the Iraqi army quickly broke through the border defense line. The Iraqi army marched straight in and broke out at around 11 o'clock Baghdad time on August 3.

Arriving at Kuwait City. At the same time, the Iraqi Marine Corps easily captured Bubiyan Island and Wolbai Island in Kuwait, landed on the seaside side of Kuwait City, and cooperated with the main force to attack the Emir's Palace, Prime Minister's Office, and National Defense in Kuwait City.

Ministry, radio station, television station and other key departments. By 12:30 noon Baghdad time, the Iraqi army had quickly occupied the Kuwait radio station, television station, etc., surrounded the Amir Palace, closed the Kuwait International Airport, and continued to move south with part of its troops.

At 2:30 pm, the Iraqi army captured the Amir Palace and took control of Kuwait City. During these hours of defense of the palace, Prince Fahd, Chairman of the Olympic Council of Asia, and some members of the Kuwaiti royal family were unfortunately killed. Kuwait Emir

King Mir fled by plane to a US warship anchored in the Persian Gulf and has now been transferred to Saudi Arabia. Crown Prince and Prime Minister Saad and most of his cabinet members were also forced to evacuate to the Kosha border area under the protection of some troops. In August

On the evening of the 4th, the Iraqi army captured some important areas in the west and south of the Kuwaiti capital, thereby basically controlling the entire Kuwait. According to American reporters, about 600 Kuwaiti soldiers were killed during the battle, and more than 5,000 Kuwaiti soldiers were protecting Sa'ah.

The German crown prince and other cabinet officials evacuated to Saudi Arabia, while most of the others collapsed or surrendered..."

Yu Dongfeng, who was eating dinner, pressed the remote control in his hand impatiently and changed the channel.

"Due to Iraq's invasion of Kuwait, major stock and futures markets around the world have experienced violent fluctuations. Since the beginning of this year, world crude oil prices, which have been declining for seven consecutive months, have experienced a strong rise today, climbing from fourteen US dollars per barrel to

Thirty-two dollars per barrel, and according to relevant sources, if the war between Iraq and Kuwait cannot come to an end in a short time, then the possibility of world crude oil prices continuing to rise in the near future cannot be ruled out." On the TV, the host said with a heavy face.

Broadcast the latest situation of world crude oil prices.

Yu Dongfeng grinned subconsciously. How could such a big thing come to an end in such a short period of time? Even though Iraq had occupied all of Kuwait, most of the Kuwaiti royal family and the Kuwaiti government fled and got Saudi Arabia.

and the asylum of the United States. The Kuwaiti royal family will definitely not give up on restoration of the country, and it is hard to say what the future of the Middle East will be like.

What's more, Yu Dongfeng also noticed that the US government's attitude became clear and hardened not long after Iraq invaded Kuwait. Not only were two aircraft carrier formations quickly rushing to the Persian Gulf, but US President Bush had clearly stood on

The Kuwaiti government demands that Iraqi troops withdraw immediately from Kuwait to ensure Kuwait's sovereignty, independence and territorial integrity. The United Nations Security Council is currently conducting urgent consultations, but so far, governments around the world and major international organizations have generally expressed their views on Iraq.

The undeclared war and invasion of Kuwait are severely condemned. It may not be that easy for Iraq to smoothly occupy Kuwait.

If this incident continues, the United Nations is likely to impose sanctions on Iraq. Not only will Iraq's oil not be able to be shipped out, but Kuwait's share of oil may also be lost. So it is not certain that world oil prices will continue to rise.

thing.

Prior to this, during the last coup in Iran and the subsequent second oil crisis caused by the Iran-Iraq War, world oil prices had risen to a sky-high price of forty dollars a barrel. Now, they are still eight dollars away from this record.

, Yu Dongfeng believes that as long as the situation in Iraq and Kuwait does not change fundamentally, it is only a matter of time before this record is broken.

Yu Dongfeng felt indescribable bitterness in his heart. Although he was not purely in the oil futures business, he had been in the futures market for so many years, but he had misjudged it this time! If it weren't for Mr. Guo

If I insist again and again, I am afraid that I have already stopped and withdrawn from the oil futures market. How can I obtain such considerable benefits now?

By the time Iraq invaded Kuwait, 90% of the 3.5 billion Hong Kong dollars had been invested in the futures market due to Mr. Guo's insistence, leaving only more than 300 million yuan for "mobility". But these three

Futures contracts worth more than one billion Hong Kong dollars are currently worth a fortune. This does not include futures contracts worth nearly US$150 million in Japanese yen and US dollar accounts.

Futures trading only needs to pay 5-10% of the performance deposit to complete contract transactions several times or even dozens of times. Due to the leverage effect of the futures trading margin system, it has the characteristics of "using small to gain big", traders can use a small amount to

Using funds to carry out large-scale transactions saves a lot of liquidity. Yu Dongfeng is also a frequent visitor to the futures market, so the average margin for these contracts is about 6% to 7%.

Yu Dongfeng did some calculations before dinner. Preliminary calculations showed that the total value of the oil futures contracts on hand has reached 160 billion Hong Kong dollars, and there is still a lot of room for this amount to increase. Although he was mentally prepared for it.

, but this amount was still really shocking to Yu Dongfeng, and he was speechless for a long time. It can be said that this is the most beautiful job he has done since he engaged in futures trading! In just a few months,

Here, the income exceeds thirty times the principal!

Although he was happy, Yu Dongfeng also felt ashamed. In this futures transaction, it can be said that apart from being a trader, he did not play any other decent role. Instead, he played a lot of hindrances in the beginning.

By the time the tensions between Iraq and Kuwait were rising, smart people had already made large purchases in the futures market. Despite many efforts, Yu Dongfeng still had more than 300 million yuan in funds on hand - in fact, according to the wishes of Fang Mingyuan and Mr. Guo,

All these investment funds must be invested in the futures market, even if it is to raise funds again in the future, or to close the position at a loss in advance. However, Yu Dongfeng is always uneasy, so he always wants to keep a little more in his hands and wait until the situation becomes clearer.

At that time, there was no supply of goods if we tried to buy any more. In the oil futures market, all the Middle East oil until November had been bought up.

"This ginger is indeed old and spicy! I have never heard of Mr. Guo doing futures before, but his vision and timing are like the hands of a god." Yu Dongfeng, full of bitterness, pushed away his job and clicked.

He lit up a cigarette, took a deep breath, and let the smoke enter his lungs and circulate around before spitting it out again. Now, he was so ashamed of what he had done in the past few days.

Let’s start with. If it wasn’t for his worries and procrastination, how could he end up with more than 300 million Hong Kong dollars left unspent. This result, not only did not make Yu Dongfeng feel it was an honor, but it turned into

The shame made him unable to raise his head in front of Mr. Guo.

However, regardless of management, he must go to see Mr. Guo and report the situation to determine whether to exchange cash for silver now, or to hold it in his hands again to see if he can obtain greater benefits. Although

He said he was 99% sure that oil prices would rise in the near future.

The rapid rise in world oil prices has put unspeakable huge pressure on oil refining companies around the world. Among them, Japanese refining companies, which are most dependent on Middle East oil, are facing the most headaches. Japan is an extremely energy-poor country.

, Energy security issues have always been Japan's "closest concern." As one of the world's largest oil consumers, Japan only has a few oil fields along the Sea of ​​Japan, and its output only accounts for 0.2% of the country's oil demand.

It can only be said that it is better than nothing. Therefore, the Middle East, as the world's most important oil producing area, has always been Japan's largest oil import channel. The share of Middle Eastern oil in Japan's oil imports exceeds 70%. Therefore, Japan has always paid more attention to the Middle East as a source of oil.

Focus on oil diplomacy.

"Baga! Why is the company's crude oil import volume in August only so small? It's not even 70% of the usual amount. Could it be said that now we, the Scomo Petroleum Company, have to use the company's oil reserves?" A short man said

The fat Japanese man slammed the folder in his hand on the desk in front of him with an angry look. Japan's Scomo Petroleum Company was established in 1986 and ranks third in Japan's oil industry.

Its predecessor was the merger of Osaka, Friendly and East Asia Oil Companies of Japan. It is a large-scale enterprise integrating crude oil mining, transportation, refining, production and sales. In addition, Scomo Oil Company has other branches throughout Japan.

It has more than 400 franchised subsidiaries and more than 4,000 gas stations. The company also operates oil development, oil transportation, lubricant sales, petrochemicals and other businesses, and imports billions of dollars from the Middle East every year.

of oil.

"Hai!" The three Japanese people standing in front of the desk were half-bowed, their foreheads covered with sweat.

"What is going on? Sato Chuichi, as the leader of the company's purchasing department, can you explain it to me?" The Japanese man behind the desk turned his attention to the semi-bald middle-aged man in front of the desk.

.

"Hai!" Sato Nakaichi said with a deep bow, took a step forward, picked up the folder that had just been thrown on the desk, turned to one of the pages and said, "President Yamamoto, please read

.”