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Three hundred and fiftieth chapters thunder explosion

Just when many people are full of thoughts.

Luo Tuo announced the first bombshell: "In order to alleviate the safety and price stability of domestic chemical raw materials, the Energy Exchange has specially approved eight companies. As suppliers of plastics and chemical raw materials, they are..."

With his words, the names and annual output of eight companies pop up one by one on the big screen behind him.

Blue Age (regeneration), annual output of 16-18 million tons; joint regeneration (regeneration), annual output of 10-12 million tons; Beijing Enterprises Resources (regeneration), annual output of 14-15 million tons.

Shenhua Group (coal chemical), with an annual output of 8 to 9 million tons; Qinghua Group (coal chemical), with an annual output of 4.5 to 5 million tons; Shanhua Group (coal chemical), with an annual output of 7 to 8 million tons.

Sinopec Chemical (oil chemical), with an annual output of 31 million to 34 million tons; Sinopec Group (oil chemical), with an annual output of 25 million to 27 million tons.

The total output of these eight companies is as high as 120 to 135 million tons.

What is even more eye-catching is that recycled materials, coal-chemical materials, and oil-chemical materials are basically showing a situation where the world is divided into three parts.

"Coaling and recycled materials"

“Their recycled materials are so high”

"According to the survey by the International Environmental Protection Organization, the city imported more than 20 million tons of waste plastic last year, and the import volume this year is still high."

"Damn it."

“Can we suspend the export of waste plastic?”

"It is impossible. If you don't export it to China, other regions will not be able to digest it unless those garbage recycling companies are willing to pay for recycling themselves, or pay for treatment in India and Southeast Asia."

Obviously, the first move of the Energy Alliance was to cut off the chemical raw materials that accounted for a large proportion of crude oil consumption.

Luo Tuo did not stop, and then released the second news: "We will provide more diversified crude oil supply channels, approved..."

In addition to the two barrels of oil that everyone knows, National Oil and Yanchang Petroleum, six new crude oil producers appear on the big screen.

They are: Southern Petrochemical, with an annual output of 14 million tons of shale oil; Northern Petrochemical, with an annual output of 18 million tons of shale oil; Yanchang Shale oil, with an annual output of 9 million tons of shale oil.

Shenhua Group produces 12 million tons of coal-to-oil annually; Shaanxi Coal Chemical, produces 6 million tons of coal-to-oil annually; Mongolian Coal Chemical, 11 million tons of coal-to-oil annually.

These 10 crude oil producers can supply 280 million tons of crude oil to domestically this year, and increase to about 350 million tons next year.

Among them, the largest coal-to-shale oil and shale oil have been increased, and the supply of ordinary crude oil remains at around 200 million tons.

"This year we will supply 280 million tons of crude oil to the domestic market, plus the 140 million tons of crude oil reserves in the reserve warehouse, and the total domestic crude oil supply this year is 520 million tons."

As soon as Luo Tuo finished speaking, everyone was stunned.

Du Lanze, the head of the Peking branch of Amei Company, was holding coffee and watching the live broadcast leisurely. Suddenly, he heard the output of 280 million tons and the reserve of 140 million tons. He was frightened and his hands trembled, and the coffee in his hands fell on his pants.

But he didn't care about his pants, but stared at the live broadcast screen intently.

"Maybe many people suspect that I am putting smoke bombs, but that's the case. In addition to the 97 million tons of crude oil imported, we added local oil fields last year, and the reserved shale oil and coal-to-oil oil, a total of 140 million tons."

Although Luo Tuo's voice was very calm, it was like a bombshell in the ears of international crude oil producers, and it exploded directly in his mind.

Many people even turned pale, such as Goldman Sachs, which is heavily in long positions in international crude oil, and a number of Wall Street capital giants. At this moment, they are all in fear.

After hearing this news, the president of Goldman Sachs was unable to calm down and stood up in panic: "Quick, clear all the long positions of crude oil, prepare to short..."

Before he could finish his words, a vice president in charge of international crude oil futures rushed in: "Mr. President, the position has been liquidated. International crude oil futures fell by 30% in just a few minutes."

At this time, the traders in Goldman Sachs' international crude oil futures area were solemn.

"Fake Squids, hurry up and short."

"No, we just lost more than 20 billion yuan, and the funds were trapped."

"Wang Defa, hedge funds can't hold on."

“Someone is shorting our stock.”

Near the Dalian Exchange on the other side of the Pacific Ocean, Huangshi International's office building is also crazy.

Hundreds of traders used offshore accounts to short crude oil and attack major investment banks on Wall Street on offshore accounts using the liquidated damages obtained from the previous two barrels of oil, plus some funds from the ore exchange.

As a result of unexpected surprise, crude oil futures and natural gas futures markets experienced high-frequency plunges, and Goldman Sachs, large and small Morgan, which used high leverage, were immediately blasted.

And the even more terrifying chain reaction immediately broke out in the global capital market.

Speculators, including Soros, quickly reacted and joined the short-selling army, launching a fierce short-selling impact on international crude oil futures, Goldman Sachs and other investment banks.

The price of international crude oil futures fell from a high of 145.6 meters per barrel to 75-77 meters per barrel in less than ten minutes, and the two sides entered a tug-of-war.

After harvesting more than 50 billion meters of dollars, Huang's International and domestic financial funds began to gradually withdraw their principal and shift their short-selling targets to stocks of investment banks such as Goldman Sachs and Morgan.

Although Goldman Sachs, who was caught off guard at the beginning, reacted, it was already seriously injured and the losses in the futures market reached at least 60 billion to 70 billion meters.

As a last resort, they forced the circuit breaker of international futures trading in North America and suspended trading for ten minutes.

Then, as much as possible, short crude oil futures, natural gas futures, and even their own stocks, hoping to minimize losses as much as possible.

However, in other global markets, such as the London Futures Exchange of the Western Union, the Tokyo Exchange of Japan, and the Xiangjiang Exchange, there are no circuit breakers, but they continue to tear up international crude oil. Exchanges such as Goldman Sachs have a large short capital short.

Even if I shorted myself, Goldman Sachs was too confident before and had a heavy position in international crude oil, which led to its very tight capital chain and now it has no time to borrow funds.

Or in other words, major capital giants on Wall Street are drawing funds. How could they lend money to Goldman Sachs, Morgan, and Merrill Lynch now put in the wrong hands?

Bear Stearn was acquired by Goldman Sachs. Lehman Brothers was in a state of half-dead after going bankrupt and reorganization.

The three major investment banks should unite unless they have common interests.

The problem is that Goldman Sachs is now breaking out. Morgan and Merrill Lynch, who were long crude oil futures before, did not have a heavy position. With the offset of hedge funds, they lost billions of meters of dollars and then withdrew.

In order to make up for the losses, M&F and Merrill Lynch naturally set their sights on Goldman Sachs and directly shorted crude oil, natural gas futures and Goldman Sachs' stocks.

Goldman Sachs, which suffered from multiple short attacks, plunged again after the circuit breaker was paused for ten minutes.

The plunge situation was like eating a few kilograms of crotons, with a rhythm of swelling thousands of miles.
Chapter completed!
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