We're building a super chaebol in Hong Kong

Time flew by, and it was soon November 1978.

Affected by the closure of the Rumaila oil field in Iraq, the international crude oil market became increasingly tense.

Due to the excessive increase on the 30th, the price of crude oil had not risen much in the past two days, but it had not fallen either.

On October 31st, the price of crude oil rose from $44.9 per barrel to $45.3 per barrel, a small increase.

Today, November 1st, the international crude oil price rose again from $45.3 per barrel to $45.8 per barrel.

For Su Cheng, of course, the higher the oil price, the better, because he was the beneficiary.

As for the crude oil he sold before, did he regret it? Of course, Su Cheng did not regret it.

Because he knew that it was impossible to sell all the stockpiled goods, especially in large quantities, at the highest price.

Moreover, no one knew what the highest price would be.

What's more, even if he knew that price was the highest point, he couldn't sell all 170 million barrels of crude oil in one day.

After all, in this era, no petrochemical company was foolish enough to purchase so much crude oil at once.

Therefore, the selling price of these 170 million barrels of crude oil was destined to be high and low.

Anyway, in this international oil crisis, regardless of the price, Su Cheng would make a lot of money.

In the end, as long as the average price was higher than $40, Su Cheng felt it would be a great success.

The high price of crude oil and the extreme shortage of crude oil supply led some petrochemical refining companies to start looking for new sources of supply.

They couldn't put all their eggs in one basket. A shortage of oil meant that their country's economic development would stagnate or even regress.

Therefore, finding new sources of oil and obtaining enough oil were the most important things for these oil companies at the moment.

Especially since, in many countries, petrochemical companies were basically state-owned monopolies.

Therefore, these petrochemical companies were basically state-owned enterprises, which in practice meant serving their respective countries.

They also bore the heavy responsibility of national economic revitalization.

Therefore, there must be enough oil!

At this time, price was no longer within their consideration.

Because everyone knew that at this time, there was no bargaining power at all. It was good enough to be able to buy oil.

《Dongying Asahi Shimbun》 reported: "According to the latest news, six petrochemical companies in our country have purchased a total of 12 million barrels of crude oil from Xiangjiang Tianwen Petroleum Company, plus 20 million barrels of crude oil purchased from the Middle East, which are already on their way back, and are expected to alleviate the domestic oil shortage situation in the future."

In fact, in this era, a populous and economically powerful country like Dongying used about 3.5 million barrels of oil every day during its heyday.

South Korea, on the other hand, had a population several times smaller than Dongying, so its oil consumption was not as terrifying as Dongying's.

As for Singapore, with a domestic population of just over two million, it did not use much oil itself, and was mainly focused on exports.

However, in times of international oil crisis like today, of course, it was necessary to save as much as possible. Many places that used oil tried not to use it. Therefore, as long as 1 million barrels of crude oil could be provided every day, the most basic economic operation of Dongying could be maintained.

In other words, the current oil in Dongying was at least enough for Dongying to use sparingly for 20 days, which was enough for Dongying's economic production to be normal for a period of time.

South Korean and Singaporean domestic media also successively reported that they had bought oil from Tianwen Petroleum Company.

As the reports began to increase, more and more media in other countries also noticed Tianwen Petroleum Company.

What is the most lacking now? Of course, it is oil!

In oil-exporting countries such as the Middle East and South America, if you want to buy enough crude oil from them now, you not only have to queue up, but even secretly bribe local government officials, which means that oil is not only difficult to obtain, but the cost is also much higher than the normal price.

At this time, with the reports of the three countries' media, more and more people began to think of Tianwen Petroleum Company, a new oil company established not long ago.

When Tianwen Petroleum Company was first established, it caused a worldwide sensation.

Because it claimed to invest 10 billion Hong Kong dollars to build it.

However, as the heat cooled down later, everyone gradually lost their attention to Tianwen Petroleum Company.

In particular, the boss of Tianwen Petroleum Company, Mr. Su Cheng, was also a well-known new business tycoon.

At the beginning, he spent a huge sum of money to buy 170 million crude oil, which was ridiculed by many foreign media.

So, Su Cheng's image in the world was once that of a fool with a lot of money.

Later, the publicity of investing 10 billion to build an oil base also caused a sensation in the world for a period of time.

After that, the birth of Oracle Computer Company also made the name of Su Cheng, the boss behind the scenes, appear frequently in the news. At this time, everyone's perception of Su Cheng changed.

As a result, with the arrival of the oil crisis, especially now, when oil prices are soaring, everyone realized that it was not Su Cheng who was stupid, but that he was smart. He predicted the arrival of the international oil crisis in advance, and eventually made a lot of money.

Su Cheng was the only one in the world who did this!

Voices of praise began to appear frequently in major media.

When a media outlet began to calculate and estimate how much profit Su Cheng would make after this time, the more they calculated, the more terrifying they felt.

At the beginning, it only cost nearly 2 billion US dollars (the actual total price was not disclosed). Now, only two or three months have passed. If the price continues to remain, it can be sold for at least 7 billion US dollars or more.

In other words, after selling this batch of crude oil, this Mr. Su Cheng will make a profit of more than 5 billion US dollars.

5 billion US dollars, this is still the predicted minimum value. The final real profit will only be higher!

Therefore, after the article predicted by this media outlet was published, the next day, more than 500 mainstream media around the world reprinted this article.

This time, not only Tianwen Petroleum Company became popular, but Su Cheng also became popular.

How terrifying is a profit of at least 5 billion US dollars?

Let's put it this way, the famous ExxonMobil Corporation, last year, that is, in 1977, only made a profit of 2.42 billion US dollars.

ExxonMobil Corporation, one of the world's top companies known to almost everyone, only earned 2.42 billion US dollars after working hard in the most profitable energy industry.

And Su Cheng, just by being a middleman, earned more than 5 billion US dollars, which is more than twice the annual profit of ExxonMobil Corporation last year!

This is enough to see how awesome this Mr. Su Cheng is!

Originally, Su Cheng wanted to keep a low profile, but the world's media went wherever there was heat, so naturally they would not let Su Cheng go.

Therefore, soon media reporters began to run to Xiangjiang, hoping to personally interview Su Cheng, this super rich man.