I'm numb!
Once again, Wangcai was impressed by Chen Dong's trading skills.
It seems to have become commonplace!
at this time!
Seeing the information in the newspaper, he actually felt a sense of relief.
I knew it, it had to be like this.
Chen Dong is a man blessed by the God of Wealth; making money is a matter of course for him.
If Chen Dong were to lose a lot of money one day, Wangcai would find it strange.
Now...
Whether Chen Dong is possessed by the God of Wealth or is the reincarnation of the God of Wealth, it doesn't matter.
As long as you follow him, you can get some of his wealth.
Thinking about it this way, Wangcai couldn't wait to see Chen Dong.
As long as Chen Dong is willing, I'll be his lapdog, his loyal hound, woof woof woof...
Never think of mocking Wangcai.
Such people are often the most intelligent.
Knowing how to examine oneself appropriately allows one to understand one's own position and see one's own strengths and weaknesses.
Standing under a towering tree is far simpler and easier than becoming a towering tree yourself.
Wangcai was willing to be Chen Dong's loyal dog because he saw Chen Dong's strength.
Besides, he was just Chen Dong's loyal dog.
Once outside, Wangcai is the king of everyone else.
It was almost noon.
Chen Dong had his driver pick up Wangcai and the tiger and take them to the villa.
Upon seeing Chen Dong, Wangcai beamed with joy, waving the newspaper in his hand and shouting loudly.
"Boss, you're amazing! You're practically a god reincarnated."
"Look at this news! We're about to make a fortune!"
Wangcai was very excited, and he had his reasons for it.
This news story in the newspaper is worth far more than a thousand pieces of gold.
Iraq is one of the major crude oil exporters, exporting 1.2 million barrels of crude oil per day.
Because the oil wells stopped production, there is a shortage of 1.2 million barrels of crude oil per day.
This number doesn't seem like much on its own, but what if it's a week's or a month's worth?
If calculated on a monthly basis, the absence of crude oil exports from Iraq would mean a shortfall of 36 million barrels of crude oil.
Futures is a broad concept.
It refers to bringing goods from the future to trade in the present.
Therefore, when considering this matter, the first thing to consider is what kind of impact it will have on future transactions.
In the financial field, there are only two outcomes.
It's either the best or the worst.
When we do something, we usually make our own judgments about the situation.
What will happen on the positive side? What will happen on the negative side? And what is a conservative value?
only.
In the financial industry, none of these things apply; they simply vote with their feet, amplifying both outcomes countless times over.
This is the essence of finance!
With a smile, Chen Dong took the newspaper from Wangcai and began to read it quickly.
Nationwide inspection of shut-down oil wells?
puff!
Upon seeing this, Chen Dong almost burst out laughing.
Brother Sa is a tough guy who doesn't talk much!
If this had happened to someone else, Chen Dong might have found it strange.
After all, shutting down oil wells nationwide would result in massive daily losses.
But when it came to Sam, Chen Dong felt it was perfectly reasonable.
Putting aside other issues, in order to raise crude oil prices, he thought of burning down his own oil wells, and when that failed, he immediately launched an invasion of the Kingdom of Kote.
It can be said that Sam was extremely decisive.
It wasn't until January 1991 that the United Nations adopted Resolution 660, condemning Iraq for violating the UN Charter and demanding its withdrawal of troops.
At this time, the United States gathered more than 30 allied countries and launched a sanctions campaign against Iraq.
The Gulf War is also a topic of much discussion among later generations.
However, something unexpected still happened.
During the war, the United States, with its advanced weaponry and absolute air superiority, launched a devastating attack on Iraqi forces.
However, after the ceasefire ended, under Sam's authorization, the Lak forces, while withdrawing from Kurt territory, insanely set fire to more than 700 oil wells in Kurt.
The fire burned for several months.
A plume of black smoke and a pungent odor filled the air above the entire Persian Gulf Strait.
The losses suffered by the Republic of Kurt amounted to hundreds of billions of dollars.
If we include the buildings destroyed during the war and the cost of reconstruction, the loss is close to one trillion US dollars.
Keep in mind that this is only the early 1990s.
In 1990, China's total GDP was only 800 million RMB.
If converted to US dollars, it would be less than half of the losses suffered by the Kingdom of Kurt in the war.
Thinking about this, Chen Dong also noticed a few suspicious points.
For example, from the United States announcing sanctions against Iraq, to the outbreak of the Gulf War, and finally to the burning of more than 700 oil wells in Sam.
Logically speaking, such a major event should be enough to affect global crude oil prices.
Interestingly, crude oil prices remained remarkably stable during this period.
certainly!
So-called stability means fluctuations within a controllable range.
Coincidentally, during this period, crude oil prices fluctuated between $19 and $21.
It's only half the height of the previous high point.
For some reason, the name of a country suddenly popped into Chen Dong's mind.
Even more coincidentally, the period when Russia was disintegrating also coincided with a rapid decline in international crude oil prices.
This is terrifying to think about!
It seems that behind this history, there is an unseen hand controlling everything.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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