Chapter 928 International Crude Oil



This time when he returned home, Yang Jing completed the opening ceremony of the Grand Canal Leisure Park in six days and fulfilled his promise to his uncle. Although he did not see the final signing of the supply contract, Yang Jing knew that these four Chinese bosses would eventually sign a win-win contract with Tianmian Group.

As long as these four Chinese bosses are not stupid, they will never be confused about this matter. Although the Tianmian Group can only provide each of them with about one eighth of the supply, the price of this one eighth of the supply is much lower than the price they bought before. As long as they are not stupid, there is absolutely no reason for them to give up the Tianmian Group.

Yang Jing did not plan to attend the signing ceremony later, as that was his uncle's stage.

With satisfaction, Yang Jing returned to Yanjing.

He had to start preparing for his final graduation thesis and defense. If this had not involved the opening of the Grand Canal Leisure Park, none of the four masters would have let him come back.

After returning to school, Yang Jing once again entered the pattern of apartment - school - library - past time and space.

The first three points were naturally for graduation thesis and defense, while the last point was for Yang Jing to speed up the progress of past time and space.

When he returned to Tianqu before, Gege did not go with him. She also had to prepare for her graduation thesis and the final defense, so she did not go back with him. During the six days Yang Jing was in Tianqu, he would take time to go back to the past at night. Even if he only stayed for one or two days each time, it was enough to speed up the progress of the past.

For example, this time when Yang Jing went back, he went back to the beginning of 2003.

"Boss, I must apologize to you." Henry Williams, who was over 60 years old, said with a sincere apology in Yang Jing's office, "Three years ago when the Internet bubble burst, I doubted your orders. Now it seems that I was really wrong. If you hadn't insisted on your orders, the profits of KY Investment Fund would have been reduced by more than half this time."

Yang Jing smiled and waved his hand and said, "Henry, you don't have to be like this. In fact, this kind of thing is inevitable. Everyone has their own judgment on the market, and under the circumstances at that time, it is estimated that most people's judgment is the same as yours, so you don't have to blame yourself."

"No, Boss, I must apologize to you, and I hope you can accept my apology."

"Okay, Henry, I accept your apology." Yang Jing smiled and said, "But my old friend, I didn't come here just to accept your apology. I came here for a purpose."

Hearing Yang Jing's words, Henry's eyes lit up, and he asked eagerly: "BOSS, what good target do you have this time?"

Henry has been working with Yang Jing for more than fifteen years. Naturally, he knows that a target that this elusive boss can pursue personally must be an extraordinary target.

It’s like at the beginning of three years ago, my boss came to me and said that the Internet bubble was about to burst. I didn’t believe it at the time and had an argument with him. But the facts gave me a hard slap in the face.

It is estimated that many people have seen the huge bubble in the Internet, but few people could have guessed that the bursting of the Internet bubble would be so resolute and thorough.

Let’s not talk about anything else. In the past two years, especially in the first year after the Internet bubble burst, how many people jumped off the Brooklyn Bridge and the Empire State Building? If the boss hadn’t forced the entire group to follow his orders, how much would KY Investment Fund have lost in this Internet bubble burst?

Knowing that the company would fail, but not making any corresponding profits, this was a huge failure for the top management of KY Investment Fund!

Fortunately, the boss firmly asked everyone to follow his orders, which allowed the KY Investment Fund to obtain sufficient profits.

Facts have once again proved that the boss's vision is indeed unmatched by ordinary people!

Since the boss said that he has a new goal this time, the action this time will definitely not be weaker than the operation when the Internet bubble burst.

Yang Jing looked at Henry and said with a smile: “Henry, this time the target is international crude oil!”

“International crude oil? Oh my god! This is a big business!” Henry said excitedly.

In fact, since its establishment, the Dragon Fund has never made any move in the international crude oil market except for speculating in international crude oil futures between September and October 1990.

This time, the boss suddenly set his sights on the international crude oil market, apparently having seen something.

"BOSS, how do we operate this time? Should we go short or long?" Henry asked excitedly.

Yang Jing smiled and asked, "So do you think we should go short or long?"

Hearing the boss's question, Henry answered without hesitation: "Boss, according to your habit, since you said that the target this time is the international crude oil futures market, then I think we should go long!"

Henry said this very firmly, because as he just said, the current international crude oil futures market is a big market. The daily trading volume of the three major international crude oil futures contracts is more than 500,000 lots. If one lot is calculated as 1,000 barrels of crude oil, there are an average of 500 million barrels of crude oil futures delivered every day in these four major crude oil futures markets. If those smaller trading markets and other types of refined oil futures are included, the daily trading volume of international crude oil exceeds 1 billion barrels!

This is an absolutely huge market.

However, since 1983, the international crude oil price has been sluggish, always maintaining below $20 per barrel. From 1998 to 1999, the crude oil price even fell below $10 per barrel. Although the price has rebounded now, it still has not broken through $20 per barrel.

My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!

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