The international crude oil market has remained at a high of US$80 per barrel in the past.

Many experts pointed out at the time that 80 US dollars per barrel of international crude oil is the price that oil should maintain for a long time.

In this price point.

The profits of oil-producing countries will not be too low, and the prices paid by oil importers and oil consumer countries will not be too serious.

This is a happy price.

But in fact, sometimes what the dealer says is nothing.

In fact, the main oil-producing countries with huge oil reserves produce a barrel of crude oil, and the lowest price is only about a dozen US dollars.

The oil costs in those seas will be high.

Since October.

The international crude oil price, which has been stable at a high of US$80 per barrel, began to loosen and began to fall in the past few days.

There are many reasons for the decline.

The global economy is in a downturn, the stock markets in major countries are falling, the decline of many futures, the Federal Reserve is preparing to raise interest rates soon, etc.

There is actually one of them...

The desperation of a major oil-producing country!

A tragedy that shocked the world occurred in October.

One of the major oil-producing countries, Camel Country.

In their own embassies in other countries, they cruelly killed a reporter who had been opposing them.

This is one of the fuses.

Only after this incident did international crude oil begin to fall.

Although many oil-producing countries have begun to remedy, including the two major oil-producing countries and the world's powerhouses, both of which are using various measures to remedy.

However, the international crude oil market still has great fluctuations.

Both data Abel is looking at now are important.

One is nymex crude oil.

One is ICE Brent crude oil.

These two types of international crude oil futures are the two most important indicators in the international crude oil market.

The former is crude oil in the New York futures market, and the latter is North Sea Brent crude oil.

The former is mainly based on Middle East light crude oil, which is difficult to exploit, low cost and good quality.

The latter crude oil is exploited at sea, which is difficult and costly, so its futures price has always been higher than that of New York light crude oil.

Abel noticed that the price of nymex crude oil futures has been on a downward trend from US$76.22 per barrel on October 3.

By October 15th, we have arrived around US$71.

The trend of ICE Brent crude oil is similar, but it is more expensive.

The overall situation of the global economic market is so bad now.

Abel doesn't believe that international crude oil will only fall here.

Should I make a wave of international crude oil?

What is being traded for international crude oil is actually the futures of international crude oil.

The method is similar to that of foreign exchange market investment and stock investment.

Since it is too eye-catching to target the foreign exchange market alone.

Then make some other investments.

Abel closed his eyes.

The smoke of fate started again.

The magical smoke twisted in the air to form a message.

[Task: The Commission for Distribution and Reform solemnly announced! No matter whether international crude oil falls or not, our gasoline will not fall!! However, international crude oil will decline in a long and violent way in the future! Let's take action!]

[Reward: Oil Tycoon Title or Futures Tycoon Title]

Bang!

Abel snapped his fingers happily.

It's true.

Even the smoke of fate has been revealed.

It seems that in the future, international crude oil will fall very seriously. The market price is now maintained at US$71, but since Fate Smoke says that the oil decline this time will be very fierce.

Then it proves that this decline must be considerable.

It may not necessarily fall to the 1970s, and the 1980s, 200s, 30 dollars a barrel.

But at least it fell by half.

There should be no problem!

very good!

After shorting the US stock market, Abel is now preparing to short international crude oil.

He quickly prepared to contact John Mellon.

Shorting international crude oil is similar to shorting US stocks. If you have a small amount, you can just find a trading platform to do it.

But it involves more than 100 million units.

In addition to being an investment bank and a company engaged in futures trading, the most convenient and suitable thing is to find help from large banks.

Wells Fargo is a good choice.

I have worked with them so many times, and have made Wells Fargo make so much money.

Abel didn't mind working with them again.

But Abel quickly put down the phone.

Because John Mellon told him that John Mellon and some of his friends were on the way to invest in Oasis.

John Mellon and these friends wanted to talk to him about business.

Of course Abel welcomes it.

One hour later.

Oasis Investment welcomes some customers.

Abel asked Alfretley and Rana to send them to their offices, and then had their secretaries serve coffee.

Fortunately, his office is big enough.

Because there were a lot of customers, he almost filled the sofa in his office.

Among these guests.

Except for the old acquaintance John Mellon, some others are also people who have met at least one time.

They were all the young people Andy Smith and the John Mellon reception that day.

This is a group of N generations, second generations and third generations!

The influence of these guys themselves is very ordinary, but the influence of their homes is not the whole Federation, but on the West Coast, it can be considered as a hand covering the sky.

Don't say anything else...

The daughter of the governor of California is now lying on the sofa, looking at Abel with an interesting expression and smiling expression.

"Everyone is welcome to visit me."

Abel smiled and opened his hands to make a welcome statement: "I don't have any good things here either. I can have enough coffee!"

Before John Mellon could speak, Andy Smith said carelessly: "Coffee is delicious! Really! But Abel, what we want now is not coffee! What we want now is you, the new stock god, to take us with you!"

John Mellon shook his head helplessly.

He smiled at Abel and explained, "Abel. Don't get me wrong. These friends actually know about the funds you mentioned on CBS that night! They were very interested, so everyone came here together and wanted to ask, when will these funds start selling?"

John Mellon had something to say.

In fact, these people didn't believe it very much. It was always Andy Smith who jumped up and down because Andy Smith believed in John Mellon's vision.

Then I learned from John Mellon that John Mellon himself had invested $5 million in fund.

Out of belief in John Mellon, Andy also knew Abel.

He wants to make money, he wants to make money.

Especially with Peter Lynch, Sequoia Capital and KPCB joining Bluestar Future.

Those funds will use Blue Star Future shares as collateral.
Chapter completed!