We're building a super chaebol in Hong Kong

Chapter 305: 170 million barrels of crude oil, ready to be sold!

One hundred million Hong Kong dollars can at least acquire about 3% of Hong Kong Electric Group's shares.

Although it can only last for a few days at most, it is enough for Su Cheng.

Because there are already oil traders asking Su Cheng's Tianwen Petroleum Company to purchase crude oil.

This matter was reported to Su Cheng by Li Yihui, the president of Tianwen Petroleum Company, when Su Cheng was resting at home yesterday.

Due to the severe shortage of international crude oil supply, even with the continuous rise in oil prices, it is still not enough. Therefore, Su Cheng, who holds 170 million barrels of crude oil, has become the target of many oil-deficient customers.

170 million barrels of crude oil, this is not a small number.

According to Li Yihui's information, oil refining companies in Dongying, South Korea, Singapore and other places are all asking Wentian Petroleum Company to purchase oil.

Dongying and South Korea have developed rapidly in recent years, so their economies are very good, and their energy demand is naturally increasing.

Although they have been buying oil from oil producing countries such as the Middle East, in the current situation, those oil countries cannot give them enough. Basically, each customer is given some.

As for how to deal with the remaining vacancies? Then they can only find their own way.

Therefore, they set their sights on Tianwen Petroleum Company, which has a full 170 million barrels of crude oil.

Because Hong Kong is very close to them, even if the prices are the same, they can at least save some transportation costs. Moreover, the transportation speed can also be much faster.

As for Singapore, although the population of their country is not large, it is impossible to use too much oil.

But Singapore is now one of the world's three major oil refining centers, with many oil giants.

Therefore, their demand for crude oil is very large.

After the crude oil is refined into various things, it can be sold all over the world.

The Governor of Hong Kong, MacLehose, also has such an idea, wanting to make Hong Kong like Singapore, one of the world's oil refining centers.

Back to the topic, 170 million barrels of crude oil is a very large number.

So this is his confidence.

Su Cheng read the newspaper this morning and saw that international crude oil prices have risen to $36.4 per barrel.

It has only been five days. Before returning to Hong Kong, Su Cheng was following oil prices in a hotel in Hollywood. At that time, it was only $33.8 per barrel.

At this rate, it won't take long for international oil prices to rise above $40.

$40 is already Su Cheng's very satisfactory psychological price.

After all, the average purchase price of oil at the beginning was only a little over $10.

Even with transportation costs, the average oil price is only about $12.

So, at $40 a barrel, Su Cheng can already make a lot of money.

In another world's second world oil crisis, oil prices did rise to $40, but that will take some time.

In this world, because of Su Cheng's early intervention, he took in 170 million barrels of crude oil in advance. This situation naturally led to a rapid decrease in the storage capacity of the world's crude oil extraction.

Therefore, crude oil prices have risen faster than in another world.

However, what Su Cheng doesn't know is, after rising to $40, is this price the peak?

Because, in Su Cheng's previous life, $40 was the peak.

According to Xiao Ai's analysis, $40 should not be the peak, and it may even rise to $50. This is also the reason why Su Cheng has not been panicked all the time.

Now that oil prices have risen so much, it is time to start slowly shipping.

This oil crisis will last for nearly two years, so Su Cheng is not afraid that his 170 million barrels of crude oil will not be sold.

Moreover, after the oil price rises, even if the oil crisis is over, the oil price cannot quickly fall back to about $13.

Capitalists and oil countries simply will not allow it!

Nevertheless, oil prices must have a peak, but the question is when this peak will be.

According to the information given by Xiao Ai, in another world's second world oil crisis, January 1979 to May 1979 became the peak of oil prices in this wave of oil crisis, and oil prices once stabilized at $40.

And now, this oil price has risen so much in advance, and it is estimated that it will not fall by January next year.

Anyway, he doesn't know how high this crude oil increase can reach.

Take it when you see it!

Once shipping starts, Su Cheng's funds will naturally become abundant.

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Hearing Su Cheng's words, Zhang Qizheng was a little surprised. Could it be that the boss still has funds?

As the person in charge of Su Cheng's private investment company, Zhang Qizheng naturally knows Su Cheng's movements very well.

Although he doesn't know how much assets he has, Zhang Qizheng can probably know where his boss has recently obtained funds from.

Most of these are operated through his hands, Zhang Qizheng knows it very well!

So, seeing Su Cheng so confident, then he must be confident.

"Boss, could it be that you have another project that can make money?" Zhang Qizheng asked curiously.

With the relationship between Zhang Qizheng and Su Cheng, Su Cheng would of course not be angry about this.

"What money-making project? I don't plan to do it recently. You want to ask what my confidence is, right?" Su Cheng asked with a smile.

"Boss, you are so direct," Zhang Qizheng nodded and said.

This is exactly the question he is curious about.

Su Cheng doesn't need to hide this from Zhang Qizheng, because he will know it soon.

"My 170 million barrels of crude oil can almost be sold. If nothing unexpected happens, I will start gradually selling the crude oil I hoarded in advance in a few days," Su Cheng said with a smile.

Hearing Su Cheng's words, Zhang Qizheng no longer worried about the lack of funds.

You must know that some time ago, he also served as the temporary general manager of Tianwen Petroleum Company.

In the beginning, he personally welcomed many crude oil shipments back to Hong Kong.

"Boss, I really admire you sometimes, you are so prescient!" Looking at the young boss in front of him who is only in his early twenties, Zhang Qizheng was very emotional.

"Actually, everyone knows the situation in Persia. Large-scale demonstrations began at the beginning of this year, but no one thought about the oil crisis. As for me, I felt early on that this time there is a high probability that there will be another oil crisis like in 1973. Therefore, I decided to take out 10 billion Hong Kong dollars to bet once. If I win, it will be like now. If I lose, there will be no loss. Crude oil itself is a circulating commodity!" Su Cheng explained with a smile.

Large-scale demonstrations against the Persian monarchy took place in Persia in January 1978, which everyone actually knows.

However, no one ever thought that this demonstration would actually become the beginning of the Persian Revolution.

This is also Su Cheng's best excuse.