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#314 - Oil prices finally break through $40

After chatting with Mr. Wayne at Oracle Computer Company for a long time, Su Cheng left with Cherie Chung.

Since he had taken a rare day off, he didn't want to waste it, so Su Cheng simply took Cherie Chung out to sea on a yacht.

Originally, taking her to the General's Ao Water Park would have been a good choice.

However, with the arrival of October, the temperature in Hong Kong was gradually decreasing, and the number of tourists at the General's Ao Water Park was dwindling.

Therefore, a dozen days ago, on October 15th, the General's Ao Water Park announced its closure to all of Hong Kong.

The next opening would have to wait until the weather gradually warmed up in March or April of next year.

Time passed during this pleasant holiday.

Early the next morning, Cherie Chung drove back to CTV alone to go to work.

Today, she had a scene to film and couldn't continue resting.

At the same time, Su Cheng sent Cherie Chung downstairs, watched her drive away, and then returned to the terrace on the third floor.

He called Ah Mei and Ah Jiao up when he passed the first floor.

Of course, calling them up wasn't to do anything inappropriate; it was purely to have them massage his back and shoulders and pour milk tea or coffee while Su Cheng read books and newspapers.

Life is only a hundred and several decades long, and since you have the means to enjoy it, you should enjoy it well.

Otherwise, what's the point of earning so much money?

Ah Mei and Ah Jiao were naturally very happy to do this, as it was the best opportunity to get close to the boss.

Su Cheng took several newspapers out to the terrace, including the 'Knightly News,' 'Oriental Daily,' 'Sing Tao Daily,' and so on.

Now, the 'Knightly News' had already become a leader among Hong Kong news media publications.

This was because Su Cheng's companies, such as the Su's Group and Hutchison Whampoa, would basically give the latest news to the 'Knightly News' first.

In addition, many celebrity actors from CTV would also notify the 'Knightly News' of any breaking news as soon as possible.

Therefore, in the eyes of many Hong Kong citizens, the 'Knightly News' was a relatively authoritative newspaper.

Su Cheng first picked up a copy of the 'Knightly News' to read. The majority of the content on the entire page was focused on Hong Kong news.

He quickly glanced through it and, finding no news he wanted to pay attention to, placed it on the round table under the sun umbrella.

Then, he picked up a copy of the 'Oriental Daily.'

The 'Oriental Daily' was still the leader among news publications. Although the sales volume of the 'Knightly News' had been steadily increasing, it was still some distance away from the sales volume of the 'Oriental Daily.'

Moreover, the 'Oriental Daily' had partnerships with some large foreign media outlets, and they would receive news about some international events first, which was something the 'Knightly News' couldn't match for the time being.

Although the 'Knightly News' was working hard to improve its news sources, it was, after all, still relatively new, and it couldn't compare with the 'Oriental Daily' in terms of international news for the time being.

However, in terms of local Hong Kong news, the 'Knightly News' already had the strength to challenge the position of the 'Oriental Daily.'

"It seems that the editorial department of the 'Knightly News' needs to strengthen its international news coverage. If all the content is Hong Kong news, Hong Kong is so small, it's impossible to have so much big news every day!"

Su Cheng thought silently after comparing the differences between the two newspapers.

Although these news publications couldn't earn him much money, they had very good capabilities in terms of publicity, advertising, and public opinion, so even if they weren't known for making money, they still had to be valued!

"International oil prices break $40 per barrel for the first time today, reaching a new historical high!"

The huge headline on the front page of the 'Oriental Daily' instantly attracted Su Cheng's attention.

Currently, the pricing power of international oil prices is dominated by OPEC countries, that is, the Organization of Petroleum Exporting Countries.

For these countries, naturally, the higher the price, the better for them.

Moreover, now there is a shortage of oil all over the world. If they don't take this good opportunity to make a lot of money, when will they?

And two days ago, when Su Cheng looked at the international oil price that day, it was only $37.8 per barrel.

In just two days, it broke $40.

This is a turning point. I wonder how much room for growth there is in international oil prices?

Su Cheng looked at the content on the newspaper and began to think.

Behind Su Cheng, Ah Jiao gently massaged Su Cheng's back.

The latest novel is first published at Six 9 Book Bar!

Ah Mei was sitting on a chair next to Su Cheng, and there was a plate of grapes on the round table. She carefully peeled the grape skin, squeezed out the pit inside, and then fed it to Su Cheng.

Su Cheng's body enjoyed all of this, but his mind had already flown to the international oil crisis.

Finally, it broke through $40 per barrel. For others, this is bad news, because the cost of all oil-related industries will rise again.

But for Su Cheng, this is definitely good news!

170 million barrels of crude oil, $40.2 per barrel, what a huge amount of wealth this is!

Now, this oil price has finally reached his psychological bottom line price, which means that he can start selling oil and getting money back!

Will it drop? Su Cheng is not worried about this problem at all.

Because this crisis is still a long way off.

And whether it will continue to rise? How much will it rise? Su Cheng doesn't bother to worry about this issue.

Even if he starts selling oil now, he will only be selling a small portion of the oil.

If he wants to sell all 170 million barrels of oil, it will take a long time.

When the price is higher, Su Cheng's crude oil will still be on sale.

Under this circumstance, when all 170 million barrels of crude oil are finally sold, the average selling price of crude oil will not only be $40.

Of course, how much money he can eventually get depends on how high international oil prices can rise later.

"Ah Mei, massage my legs," Su Cheng said to Ah Mei after eating a grape.

Yesterday, he went to Oracle Computer and wandered around for a few hours, and then he went shopping with Cherie Chung for a long time. If he didn't run often, normal people would have been exhausted, so these thighs have to be relaxed.

"Okay, boss!"

Ah Mei was about to continue peeling the grape skin, but when she heard Su Cheng's words, she put the grape in her hand on the fruit plate, then squatted down and massaged Su Cheng.

Su Cheng didn't continue reading the newspaper, but closed his eyes directly and comfortably enjoyed the service of these two beauties.

As a world-class rich man, he should enjoy as much as he can.

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