America's Road to Wealth

.This time, our target is crude oil.

Smith Capital,

on the podium,

Taking the microphone from David Mellon, Abel said loudly:

Can anyone tell me what the current price of oil is?

Of course he wasn't asking about the price of gasoline.

His question was quickly responded to.

Someone shouted: “BOSS, news provided by Bloomberg.

The current price of New York crude oil is 29.96, Brent is 31.16, and Oman is 30.09! !

New York crude oil is the international crude oil futures contract of the New York Mercantile Exchange, Brent is the Brent crude oil of the London Intercontinental Exchange, and Oman is the crude oil of the Dubai Commercial Futures Exchange.

There are of course more than these three types of crude oil futures in the world.

Basically, we can say that the three have the greatest influence.

These three crude oil futures contract varieties determine the benchmark price for global crude oil trade.

Investment banks and financial companies, when investing in crude oil futures.

Generally, we make a fuss about these three types.

Hearing this, Abel nodded, indicating that he heard it.

Crude oil at around thirty dollars sounds cheap to people in 2022.

But in the eyes of people in 2000, thirty dollars of crude oil was already very high.

At the beginning of last year, that is, at the beginning of 1999.

International crude oil prices have always remained below 20 US dollars.

At its lowest, it was even as low as $10 a barrel.

You'll lose money if you dig it out.

But just a few months later, in September-October 1999, there was a sudden surge.

In a month, the price exceeded thirty dollars a barrel for the first time.

A record high since the 1991 Gulf War.

After entering 2000, oil prices hovered at a high level above $30 for a long time.

This has a negative impact on the economies of oil-consuming countries and the world economy.

Even the United States was forced to announce the use of 30 million barrels of strategic oil reserves.

OPEC and non-OPEC members have also begun to increase oil production.

But so far, little effect has been achieved.

It will take at least some time for oil prices to come down.

At least for now, international crude oil prices generally remain at around US$30 a barrel.

Abel knew that this price would never last long.

Mainly because Aramco is still an oil consumer.

Now in 2000, the industry in the United States is very developed, and the oil it produces is not enough for itself.

This country has not yet transformed from an oil consumer to an oil exporter.

Therefore, the United States will never allow oil prices to remain high and will try every means to suppress oil prices.

Oil prices will definitely go down by the end of the year at the latest.

But you know, the current international crude oil can still make a fuss about it.

He plans to do short- to medium-term trading for about a month.

from now on.

He began to give orders, With a total amount of one billion U.S. dollars and a leverage of dozens of times, start buying crude oil.

The time to open a position is half a month. After half a month, I hope you can all purchase crude oil futures contracts at a price below 31 US dollars a barrel.

Snap out all the ammunition I prepared for you and let's get started.

He gave orders to the tools.

Just like he has done many times in the six months since the company was founded.

The tools people below started to prepare immediately.

Abel said to David, Open the door.

Unlike other companies.

Smith Capital, 80 analysts and traders, most of the time do not have trading authority.

Only Abel needed these toolmen to perform their duties as toolmen.

The company will open limited permissions to these tool people so that they can do so during this period of time.

Use the company's accounts and funds, as well as credit guarantees, to conduct transactions within the prescribed range.

clear.

David has been working with him for almost a year.

Very knowledgeable about his style.

I'll leave this place to you. Abel said, I left beforehand.

Um.

Get out of Smith Capital,

Leaving Woolworth House.

Abel went downstairs,

Get in the black Cadillac STS near the entrance of the Woolworth Building.

Go to Chelsea. After getting into the car, he said to the driver.

Chelsea here, of course, does not refer to Chelsea in London.

There is also a neighborhood in Manhattan called Chelsea.

Within the scope of Angsa's cultural influence, there are not 100 places called Chelsea, but dozens.

Just like within the scope of Slavic cultural influence, there are many names called Moscow.

The largest, Moscow, is of course the capital of Russia.

Moscow, the smallest, is even just a small village in the countryside of Toklan.

The driver understood what the boss meant, turned on the turn signal, and drove the car onto the streets of Manhattan.

As noon approached, Manhattan was gridlocked again.

Looking at the heavy traffic ahead, Abel made up his mind again.

If you want to move, move the company.

Congested Manhattan is usually fine for living.

But once there is an emergency, it is really a headache to encounter this situation.

In the future, if the company is moved to Queens, you can directly choose to take a helicopter to and from get off work.

That way you can avoid this kind of congestion and don’t waste time on the road.

Obviously, it’s not that far from the Woolworth Building to 357 17th Street in the Chelsea neighborhood.

Because of the traffic jam, we still drove for a little more than half an hour.

Half an hour later,

357 West 17th Street, Lower Manhattan.

Cadillac STS, stopped at the door.

Edward, who was in the passenger seat, and Lin, Johnson, Lincoln and others in a Cadillac SUV that had been following behind got out of the car first.

A few minutes later, Abel got out of the car.

When he came down,

The brass door of the house at 357 17th Street has been opened.

The bodyguard Steve here is standing behind the door with a smile.

Abel smiled and nodded to him, walked in, and said casually: Is Jessica here?

Yes. The lady knows you are coming and is already waiting for you on the second floor. Steve said.

After hearing this, Abel stopped talking and walked towards the escalator.

Stepping on the escalator, I looked up.

The gorgeous mixed-race girl, already smiling, stood on top.

Hi honey, good afternoon.

Good afternoon, my dear.

Abel walked up and asked, What are you doing?

Playing a game with Mary.

oh?

While talking, Abel had already walked along the escalator to the second floor.

Jessica Alba snuggles up.

Abel hugged the girl's hot body and lowered his head to capture the red lips.

What game are you playing?

He still doesn't know that he actually has a lot of destructive power on girls.

Although he still wants to hold her.

Go to the master bedroom upstairs and try out the Simmons springs customized by VISpring to see if they still have elasticity.

You bought a PS2. Jessica Alba said.

Abel looked at the living room and found that the TV in the living room was indeed connected to the PS2 game console he bought.

Jessica Alba's female bodyguard, Mary, was standing next to her, nodding and smiling at her boss.

The small cabinet for PS2 was released in March this year.

In the first month, more than 600,000 units were sold.

Sony made huge profits.

At that time, he also bought several sets of PS2 and also made more than 20 million US dollars from Sony.

Because of the success of PS2, Sony's stock price rose by more than ten percentage points.

Abel took advantage of the trend and went long Sony stock at the low point, making a lot of money.

The building at 357 West 17th Street in Lower Manhattan where Jessica Alba now lives was purchased at that time.

A total of more than 28 million US dollars was spent, and Sony helped by giving 20 million US dollars.