My Cloud Girlfriend Online - Vol 2 Chapter 604

However, some financial companies that trade 24 hours a day have people on duty, and some executives of some financial companies are also closely following the trends of financial products.

Only… Zhao Group’s crude oil futures fund not only got off work, but also locked its authority.

The main reason why they dare to do this is that their responsibilities and ideas are different from ordinary companies.

General financial companies are public-oriented and customer-oriented, so they have very high requirements for profitability, risk, and so on.

And this fund company is actually just Zhao Qingtian’s private library, there is no performance pressure, and it has a scientific and stable financial mathematical model, and the risk is very low.

Over the years, there have not been too many losses.

Even if crude oil futures are in the hands, the big deal is to buy them, and then ship them back to China, and let Zhao Group pay at the market price, or a price slightly higher than the market price. .

None of this is a problem.

Therefore, with this kind of insurance, they are also more slack.

But…. the saddest thing about human beings is that every time a tragedy happens, they will find out later…. It turns out that all previous experiences are useless when encountering emergencies.

After 20 o’clock, the nightlife in Hong Kong City and the mainland started, but it was just the early morning in the magnesium country.

At 21:00 and 22:00, various departments and companies of Magnesium started to work.

At 22:30, the Magnesium Energy Information Administration held a temporary press conference, and then disclosed a series of data.

According to the data they disclosed, the crude oil inventory of magnesium country increased by more than 30 million barrels compared with last week, and the crude oil inventory of magnesium country (excluding the country’s strategic oil reserve) has been increasing for 20 consecutive weeks. The increase has hit record highs.

In contrast, the occupancy rate of crude oil inventory storage has been rising.

It has climbed from a trough of 23% to 67% now. With a certain storage pressure.

And because of the current turmoil in the world, coupled with the decline in the domestic economy, the utilization rate of crude oil has decreased.

They expect that the storage pressure of crude oil may continue to increase, and it is likely to reach the pressure warning line of more than 95% in about 10-15 days.

Therefore, they issued a warning to the outside world to let each company coordinate storage as soon as possible, or give up the purchase of crude oil futures.

At the same time, at the same time as the General Administration of Energy Information of Magnesium issued a warning, the Crude Oil Exchange of Magnesium also issued a similar warning.

In the warning, the exchange reminded all trading parties that in 10 days, it will be the day of crude oil delivery in May. At that time, the trading parties holding crude oil futures must prepare the corresponding storage in advance and carry out the corresponding delivery.

As soon as the two news came, the crude oil futures market immediately began to be in constant turmoil.

The price of crude oil was up and down and seemed to be a little wobbly.

At this moment, Yang Nuannuan, who had already obtained the “operation details” from Chen Yan, began to sell a large number of crude oil futures in his hands without hesitation.

Moreover, probably because this time it was to entrap Zhao Qingtian, so she sold it almost regardless of the cost, and did not give anyone any chance at all.

Since Chen Yan used the [Xiao Ha’s Polaroid] camera to verify the feasibility of this plan, he arranged for Yang Nuannuan to set up a base warehouse.

During this time, he held at least tens of billions of crude oil futures in his hands.

Therefore, when such a large number of empty orders appeared, the entire crude oil futures plummeted.

The market is blind.

Because of such a big negative, coupled with Chen Yan’s smashing of the market, many trading parties also began to run away.

The more and more empty orders are pressed, the price of crude oil futures also plummets like a waterfall.

From more than 20 directly, it fell all the way to 10 yuan.

And that’s not the end.

I don’t know if today is the end of crude oil futures. After the General Administration of Energy Information of Magnesium and the exchange made successive voices, the warehouses also increased their venue rental prices in a timely manner.

Not much to mention, which is about twice the price of crude oil.

Some people did some mental calculations. According to the rental fees of various storage parties, the price of this batch of crude oil is almost going to skyrocket.

As soon as the news came out. Originally, there were some retail investors who could not deliver crude oil, and small financial companies ran away. Now even large companies doing serious crude oil futures business are ready to run away.

After all, the venue fee is going crazy now, and it’s more expensive than oil.

If they continue to hold this batch of futures, they will lose money.

It’s better to let go now and admit defeat!

Therefore, when large companies also joined the short side of crude oil futures, the world crude oil price really couldn’t hold back this time.

Crude oil futures, which had dropped from more than 20 yuan to 10 yuan before, fell again.

8, 6, 4…

When crude oil futures are getting lower and lower.

Something that shocked the whole world happened.

Crude oil futures actually… fell through!

It’s not a limit, it’s a fall, and it fell to a negative number!

At that moment, everyone who paid attention to crude oil futures was stunned.

This includes even Chen Yan and Yang Nuannuan.

After all, the withdrawal plan that Chen Yan got was only for him to go short when it was more than 20 yuan, and then buy it when it was about 2 yuan.

However, because Chen Yan is only for information this time, not for cash withdrawal.

He has already prepared himself to lose billions of dollars, but he is ready to bring down Zhao Qingtian’s tens of billions.

Therefore, his plan for Yang Nuannuan is: don’t care about the price, just keep dropping it.

As a result, now…. smashed through.

And that’s not the end.

After falling to a negative number, crude oil futures prices have obviously stagnated.

At this moment, many people feel that they should be able to buy and give it a try.

After all, if you buy crude oil futures with zero value, rounding up is equivalent to getting a batch of crude oil that does not cost money in the next May!

This is really heartwarming.

Therefore, many troops have joined this game.

However, there are still many smart people in the world.

After careful calculation, major financial companies around the world were surprised to find that even if the price of crude oil futures is zero, free delivery

—————— 2 o’clock coverage. . Not finished yet. . . . Let’s see again tomorrow morning.

The following non-text

—————— And like some financial companies that trade 24 hours a day, they all keep people on duty, and the executives of some financial companies also pay close attention to the trends of financial products.