Chapter 283 At a loss
Among the many oil-producing countries, some still have the ancient kingly rule system.
Liu Xueying ran to the computer quickly and looked at the news above with a pale face.
The news said that the king was already critically ill a few days ago, but he has been receiving treatment and has not announced the news.
Until now, the king finally passed away.
In fact, if it is just a simple death, it will not affect the price of crude oil too much, and at least such a plunge will not occur.
The reason for the plunge is that when the king died, there was no clear heir to the next generation.
Therefore, many princes declared that they were the orthodox heirs, and in contact with various external forces, they claimed that they would increase the supply of crude oil to gain more support.
A prince said this, it is normal for crude oil prices to fall, but when everyone said this, it is not the case.
When this top oil-producing country increases crude oil production, no one dares to predict how many barrels they will produce.
Liu Xueying understood at a glance that there must be financial capital that has received insider information and is working in advance to cut leeks.
When the news of the king's death was disclosed to the outside world, it means that they have almost transferred their funds. What will the rest do?
Liu Xueying looked at the trading screen on the other side with a pale face. He saw that the crude oil price was vertically down like a waterfall, instantly falling from 30% to 50%, and the decline continued to expand!
Such a plunge is unprecedented!
Not to mention that Liu Xueying’s funds are not enough, no matter how much it is, it is not enough to make up for it!
"Are these people crazy? Even if their oil production increases, there is no need to fall like this!" someone cursed.
"It's really not necessary, but what if someone maliciously shorts the price of crude oil?" another person said.
Everyone no longer talks. In the futures market, whether you buy up or down, you can make money. In theory, buying short is easier to make money than buying more.
Therefore, the short power has always been very strong. If someone really uses this news to maliciously short the crude oil price, it is normal.
Liu Xueying's 10 billion yuan in his hands is a lot for ordinary people, but in the face of such a capital giant, there is no comparison at all.
The funds in their hands are hundreds of billions or trillions of dollars!
It's just spread to all financial institutions around the world, and just by moving your fingers a little, you can stir up the storm.
Liu Xueying fell on the chair, weak all over, and his hands and feet were twitching slightly.
In just a few days, hundreds of billions of funds were lost.
Now they have about one billion left in their funds, and the loss rate is as high as 90%!
In fact, the decline in crude oil prices is not so large, at least the decline they have experienced is not so large.
However, Liu Xueying's leverage is too high, and the position will be overturned as soon as it plummets, which will expand the losses.
Although his own operation is too risky, it is not a particularly wrong decision. At least it is OK in normal transactions.
However, this plunge was beyond everyone's expectations. In this way, everyone had to lose their positions unless you didn't increase the leverage at all.
But when playing in the futures market, how many people are not leveraging?
"Mr. Liu, what should I do now..." the subordinate asked with an ugly expression.
What can Liu Xueying know?
He also wants to know what to do!
Seeing that the decline curve had reached about 65%, and then the fluctuations began to fluctuate again, Liu Xueying's mind began to be in chaos.
When such a shock occurred before, he thought it was a bottoming out and it was possible to rebound.
But now he is not sure because there was no relevant news before, now there is.
No one dares to say how much crude oil prices will fall.
Even those who maliciously short selling may not dare to say it.
Because according to the principles of economics, a price plummet in an industry will lead to a collapse of the entire industry.
"If this price is maintained, all major oil-producing countries will increase their output and lower their prices, otherwise their crude oil will not be sold at all..." Liu Xueying murmured to himself.
The more people around them heard it, the more frightened they felt. They wanted to deny this possibility, but they couldn't say it.
Because Liu Xueying himself is a professor of economics, since he said that, it must make sense.
The same situation also occurred at Ye Jinhuan's home.
Wang Jiani analyzed: "The storage cost of crude oil is not low in itself, so they basically sell the crude oil they produce every day immediately and store it in no extra place. Once such output increases, it will involve all oil-producing countries to do the same thing and cause an avalanche effect. So I think the price of crude oil will fall further, and this time it is no longer a capital force for malicious short selling, but a fundamental collapse caused by the joint decision of all oil-producing countries."
Wang Jiani's short order has reached a 90% drop, which is the lowest point she has seen so far.
But it is not the real bottom she expected, because there is no bottom at all now. Only the next judgment can be made based on the immediate decisions of the oil-producing countries, as well as the market curve, and the sentiment of the bulls and bears.
At the same time, in order to prevent a rebound, she also made risk hedging to reduce losses.
Ye Jinhuan was quite satisfied with her operation. Although some of the decisions were not mature enough, she was very decisive and responded quickly.
Wang Jiani grasped the entire decline process in time.
Even if the news didn't come out, she made predictions in advance based on the market conditions and emotions.
From this point of view alone, Wang Jiani is much smarter than Liu Xueying, at least she predicted correctly.
Ye Jin nodded with a smile and said, "What you analyzed is still right. Just keep your emotions like this. In the next few days, there will be a situation of back and forth pulling back and forth. It is a good opportunity to exercise your judgment!"
Wang Jiani nodded vigorously and looked at Ye Jinhuan again. The admiration was already extremely strong.ъìqυgΕtv.℃ǒΜ
When Ye Jinhuan first said that the price of crude oil would fall, she actually suspected it, but now, she finally understood that the judgment made by her master was not just on the surface, he must have some amazing news channels!
Otherwise, how could he know that the king died and the prince had soared its energy supply?
If you don’t know these news, how could you make a judgment on the plummeting crude oil price in advance?
But Wang Jiani didn't ask because she knew very well that such a tightly blocked news could be known in advance, and the news channels must not be disclosed.
Chapter completed!