Fang Liancheng quickly launched the Bloomberg terminal, his fingers rapidly typing on the keyboard to retrieve real-time data and news information on WTI crude oil futures contracts.
As the financial news kept refreshing on the screen, he quickly identified the key factor behind the recent fluctuations in the crude oil market: due to the breakthrough in US shale oil extraction technology, the daily crude oil production in the Permian Basin surged by 8% compared to the previous month, putting continued pressure on international crude oil prices, with the Brent crude oil futures main contract closing lower for three consecutive trading days.
Just as the market widely expected oil prices to decline further, a major piece of news broke the deadlock.
Just now, at 10:00 AM Moscow time, the Russian Ministry of Energy officially announced that it will implement a production cut plan of 500,000 barrels per day starting next month.
At almost the same time, Saudi Aramco also confirmed in an official statement that it would further reduce its production capacity by 300,000 barrels per day on top of existing production cuts.
The coordinated action by the two major oil-producing countries instantly ignited bullish enthusiasm in the crude oil market.
Fang Liancheng sprang up from his workstation and rushed to Wang Hu's trading desk, his eyes filled with shock and confusion: "Mr. Wang, the OPEC+ production cut agreement came without warning. How did you obtain inside information in advance?"
He specifically emphasized the phrase "insider information," because in the highly sensitive commodities market, any leak of undisclosed information could trigger a regulatory investigation.
Wang Hu doesn't know any inside information; he just has some kind of cheat code.
Taking off his Bluetooth headset and looking at the candlestick chart, Wang Hu waited until the crude oil price rose to 3.9% before instructing, "Immediately initiate the liquidation order; process all long positions as market orders."
However, technical indicators show that the Bollinger Bands are widening, and the MACD golden cross pattern has not yet been completed.
Fang Liancheng pulled up the technical analysis charts, pointing his finger at the curves on the screen to argue his point.
From a fundamental perspective, the supply gap caused by production cuts can support a price increase of at least 15%, so exiting the market now would be too conservative.
"The veteran trader's speech gradually quickened as he became more emotional, and fine beads of sweat even appeared on his forehead."
Wang Hu glanced at Li Feng and said, "Young Master Li, the person you've found has contradicted me time and time again!"
Li Feng wasn't completely clueless, but he didn't want to just make a one-off deal.
He sternly said to Fang Lincheng, "Immediately carry out what President Wang said!"
Fang Liancheng gritted his teeth and finally pressed the Enter key. As the transaction confirmation box popped up on the trading interface, the crude oil futures positions worth hundreds of millions of dollars were all closed at the 3.95% increase level.
After the liquidation was completed, Wang Hu slowly stood up from his seat. His movements were somewhat languid, but they revealed a sense of confidence and satisfaction.
His gaze fell on Li Feng, and the corners of his mouth turned up slightly as he said, "Young Master Li, the profits from this transaction will be transferred to my account according to our previous agreement."
After saying this, Wang Hu did not hesitate at all, turned around and walked out of the trading room without looking back.
A red Ferrari sports car was parked outside the trading room; it was a gift from Li Feng.
Wang Hu skillfully opened the car door, got into the driver's seat, and then stepped on the gas, the car speeding away like an arrow. He didn't want to stay here for another minute, much less stay up all night with Li Feng and the others waiting for the results.
Inside the trading room, Fang Liancheng's mood was completely different from Wang Hu's. He stared wide-eyed at the rapidly rising crude oil futures prices on the screen, his dissatisfaction with Wang Hu growing stronger.
"Young Master Li, look at this price, it's still rising! It's about to reach 8%!" Fang Liancheng said anxiously to Li Feng.
Li Feng's expression was also somewhat unpleasant; he felt a pang of regret as well.
Based on his closing price, their profits were already quite substantial.
The profit this time is about 100 million US dollars, and half of that will be given to Wang Hu.
The thought of half of this money being taken away made Li Feng feel as if his heart was being cut by a knife. His fat cheeks twitched involuntarily, as if he could feel the pain of losing this huge fortune.
Wang Hu paid no attention to Li Feng and Fang Liancheng's thoughts. He drove his Ferrari home at breakneck speed. By the time he arrived home, it was already past 2 a.m.
Wang Hu gently pushed open the door and entered the bedroom. Li Wanting was already fast asleep, lying quietly on the bed, her breathing steady.
Wang Hu tiptoed to the window, gently opened it, and looked out at the night.
Wang Hu didn't want to disturb her, so he went to another room to sleep!
The next day, as soon as Wang Hu woke up, he felt a fragrant beauty in his arms, and he instinctively grabbed her full breasts!
Seeing that Wang Hu had woken up, Li Wanting pouted and said, "Don't you like me? Why didn't you go to my room when you came back last night?"
Wang Hu chuckled, gave her a light kiss on her lips, and shook his hand.
"I haven't figured out whether I like you or not yet. If it weren't for your period, you'd be calling me 'Dad' right now!"
After playing around on the bed for a while, the two got up to have breakfast. Early in the morning, they received a phone call from Han Meimei!
More than 200 million RMB was deposited into his account, and they even tested him to see if he was cooperating with other organizations!
After all, Wang Hu hasn't traded in his financial account for a long time, and his dedicated customer service representative is currently facing constant pressure from her superiors!
"There is a collaboration!"
This immediately started to cause Han Meimei to have all sorts of wild thoughts. Her colleagues and superiors had previously given her subtle hints that she should get close to Wang Hu!
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