Vol 5 Chapter 148: Crops are ripe
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Mediterranean Hegemony Road
- New Sea Moon
- 1581 characters
- 2021-03-01 02:20:33
"Your Majesty, Carl organized a secret international crude oil company meeting. Everyone is here to make money. There is no need to die forever!" Ferdinand said lightly.
That said, it seems that the price of oil in the international market continues to be low, not because he made it.
But now such a good thing is coming to an end. Although the profits of oil companies are huge, who would hate them to make more?
Once everyone unites and monopolizes the supply of crude oil in the international market, which profit will not double?
You know, at the cruelest price war, 80% of oil companies were losing money, and weak ones were squeezed out of business.
From 1918, it lasted until the end of 1926. This period was the cold winter of the oil company, and everyone could only try to support it.
Most of the time, we can only maintain a small profit, and occasionally have losses. No one believes that these things are said, but this is all true!
After the end of the World War, crude oil consumption fell sharply, and oil prices began to fall.
Later, with the development of Bulgaria's oil, under the deliberate control of Ferdinand, the price of oil plummeted.
After the United States splits, the consumption of crude oil in the international market has fallen again. There is no way to continue to fall.
It was not until after Bulgaria acquired the Caucasus that Ferdinand felt that it was almost there, and the international crude oil market began to return to normal.
Once bitten, twice shy!
The capitalists were not tortured lightly. After so many years, the large oilfields in Ferdinand's memory were successively bought. At this time, he also needed to make money.
"Yes, Your Majesty!" Prime Minister Carl Gong replied.
What happens once the oil companies stop fighting and switch to cooperation?
I have no idea about this issue, and international oil prices will rise rapidly.
At present, the international crude oil price is only 6 to 8 levs per barrel. How can such cabbage prices continue forever? (Origin price, excluding freight and packaging costs)
"Your Majesty, at what price do you think it would be appropriate to adjust the price of crude oil?" Carl asked after thinking about it.
"The international people's livelihood in the relationship of oil prices must be based on stability. We still listen to everyone's opinions. In the coming year, the international crude oil price will remain between 15 and 30 Lev, which is a reasonable price!" Nan thought and said
Carr was shocked. He knew that the era of huge profits in oil was coming. Even if it was less than 3 pounds (about 75 levs) during the World War, it was doubled compared to now!
"Yes, Your Majesty!" Carl replied without hesitation.
He knew that rising crude oil prices might make a lot of money, but this was definitely not the main purpose of Ferdinand. However, he did not continue to ask, as a qualified housekeeper, he could not be curious.
If the international oil price doubles within a year, what impact will it have?
No one can answer this question. Except during the World War, no such large fluctuations have occurred.
What will happen to other industries, Ferdinand is not clear, but companies in the oil-related field are likely to usher in a disaster.
This is a very common economic method. First, lower the price of oil and let the oil industry develop. Now that the industry has matured, it is time to cut Philippine cuisine.
When the price of crude oil is the lowest, it only needs 3 to 4 levs per barrel, which is cheaper than using coal as fuel.
(Note: 1 barrel of oil = 42 gallons = 158.99 liters. One ton of oil can hold about 7 barrels, depending on the density)
As the price of oil continues to fall, trains are burning, cars are burning, ships are burning, and even boilers in many places are burning.
Steam engines have been eliminated, and oil has replaced coal as the primary energy source of this era.
In short, the petroleum industry in this era has matured, and the entire society can no longer be separated from it. It is time to harvest.
This problem is not only seen by Ferdinand, but also by other consortia. Otherwise, not many oil companies will change their owners in these years.
...
London
When Prince William received Ferdinand's telegram, he accelerated the sell-off. Not only stocks, including real estate in London, some corporate factories, are the targets of the sell-off.
Not only is he selling assets, other consortia are also deliberately or unintentionally reducing their stock holdings. Obviously, not one or two people are at risk.
This has not reduced people's enthusiasm for the stock market, the media is reporting good news every day, and the company's annual reports are making huge profits.
No doubt, it's still a bull market!
London is the financial center of the world. Tens of millions of funds flow into London every day, and most of them flow into the stock market.
It is this living money that constantly flows into the stock market, which drives up the price of stocks.
"William, you are not optimistic about the market, is this going to retreat?" Prince Henry asked in confusion.
"Yes, Henry! You look at the annual reports of these companies, oh my god? I need to be more professional in counterfeiting?
For example, this passenger car company actually sold over 100,000 cars last year, with a profit of up to 70%. This is bullying our family without a car company. Do n’t you know the profit of the car?
And this sales volume, if they have such a large sales volume, why haven't I seen a few guest cars on the streets of London?
And this company that maintains rubber. Who doesn't know that the rubber plantations in Southeast Asia have suffered heavy losses and that rubber production has been greatly reduced. They have actually grown against the trend?
Are these people getting their heads flooded? Once such an obvious problem is discovered, the stock price will immediately collapse!
There is sadness, Henry, do you still like the London stock market? William asked.
"Like you, we are not optimistic about the London stock market, but it has not yet reached its peak. Under normal circumstances, the time for a crash has not yet arrived!" Prince Henry thought about it and said
"Of course not yet, aren't you starting to retreat? Don't tell me, you don't know these things!" Prince William frowned.
"Isn't this the head you brought? The stock market is different from other industries. If you retreat, everyone will retreat, otherwise no one will be able to run. You said no to play, we dare not continue!"
"We dare not play. In the same period of 1928, the daily capital flowing into the London stock market was 11 million pounds. Now the daily capital flowing into the London stock market is 12 million pounds.
These are superficial figures, which seem to be increasing. In fact, at least one million pounds of funds are flowing into the stock market now. We poured them in so as not to affect market fluctuations.
However, the capital flowing out of the London stock market every day is as high as more than 15 million pounds, and it is still increasing. The growth rate of the stock market is obviously problematic! "William said directly
Retreat must also pay attention to policy. It is impossible to leave blindly. Now such a slow departure and continuous release of good news cover is a good way.
The media will only report that the capital flowing into the London stock market is increasing, and no one pays attention to the capital flowing out of the stock market.
Even if someone finds that the company's annual statements are fake ~ EbookFREE.me ~ one by one is pretending to be honest. At this time, the truth is to die.
Unless the consortium has almost withdrawn, at that time is the time for the media to expose the dark side of society. At this time, if the window paper is broken, the newspapers will not be able to enter the market.
"Well, William, I admit what you said makes sense, but you are too anxious. Is there something else I don't know happened?" Prince Henry asked in confusion.
"Not yet, but soon, you can investigate it yourself? I don't think you can find it?" William said in confusion.
"William, you don't know. The family's industry is not my turn. I care about these issues because of my own industry. If you use the power of the royal family, it will be easy for people to talk!" Brow said
William nodded, these things are very normal, if not for the Bulgarian royal family has not grown, just a few of their father and son, would not be so peaceful.
If there are more people, there will naturally be more things. For these interests, these contradictions will be outweighed.
"This situation will soon change, and you will soon be on your own, and these troubles will no longer exist!" William comforted
"Thank you, William! These are minor problems, and I can fix them.
Can you tell me how long did you judge the London stock market crash? Asked Prince Henry solemnly.
"Probably around 1930, this is also the time expected by most consortia, and everyone is starting to raise funds!" William thought for a moment and said
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