Mediterranean Hegemony Road
Chapter 148: The crops are ripe
Your Majesty, Karl is organizing a secret meeting of international crude oil companies. Everyone is here to make money. There is no need to keep fighting! Ferdinand said lightly
This is said, as if the current low oil price in the international market is not caused by him.
But now such a good thing will soon come to an end. Although the profits of oil companies are huge, who would hate to earn more?
Once everyone unites and monopolizes the supply of crude oil in the international market, will the profits not double?
You must know that at the time of the most brutal price war, 80% of the oil companies were losing money, and the weak ones were squeezed out of bankruptcy.
Beginning in 1918 and continuing until the end of 1926, this period of time was the twelfth lunar month of the oil company, and everyone could only do their best to support it.
Most of the time, you can only maintain a small profit, and occasionally lose money. If these things are told, no one will believe them, but they are all facts!
After the end of the world wars, the consumption of crude oil fell sharply, and the price of oil began to fall.
Later, with the large-scale oil development in Bulgaria, under Ferdinand's deliberate control, oil prices plummeted.
After the division of the United States, the consumption of crude oil in the international market has dropped again, and there is no other way but to continue to decline.
After Bulgaria acquired the Caucasus region, Ferdinand felt that it was almost time to stop, and the international crude oil market began to return to normal.
Once bitten, twice shy!
The capitalists have been tossed a lot. After so many years, the big oil fields in Ferdinand's memory have been bought one after another. At this time, he also needs to make money.
Yes, Your Majesty! Karl Palace replied
What happens once the oil companies stop fighting and cooperate instead?
Anyone who has toes wants to know this question, the international oil price will rise rapidly.
The current international crude oil price is only 6 to 8 levs per barrel. How can such a price of cabbage continue forever? (Origin price, excluding shipping and packaging fees)
Your Majesty, what price do you think is more appropriate to adjust the price of crude oil? Karl asked after thinking about it
The international people's livelihood related to the oil price must be based on stability. We still listen to everyone's opinions. In the next year, the international crude oil price will remain between 15 and 30 levs, which is a reasonable price! Fei Di Nan thought for a while and said
Carl was startled. He knew that the era of oil profiteering had come. Even if it was not as good as the 3 pounds (about 75 levs) during the World War, it was double compared to now!
Yes, Your Majesty! Karl replied without hesitation
He knew that the price of crude oil rose, and he might be able to make a lot of money, but this was definitely not Ferdinand's main purpose. However, he had no intention of continuing to ask. As a qualified housekeeper, one cannot be curious.
If the international oil price doubles within one year, what kind of impact will it bring?
No one can answer this question. Except during the World War, there has never been such a big fluctuation.
Ferdinand doesn't know what will happen to other industries, but companies in the oil-related fields are likely to face 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 will come out to harvest Filipino vegetables.
When the price of crude oil is at its lowest, it only costs 3 to 4 levs per barrel, which is cheaper than using coal as fuel.
(Remarks: 1 barrel of oil = 42 gallons = 158.99 liters, one ton of oil can hold about 7 barrels, depending on the density)
Due to the continuous drop in oil prices, trains, cars, and ships are now burning oil, and even boilers in many places are burning oil.
The steam engine has been eliminated, and oil has replaced coal as the primary energy source of this era.
In short, the oil industry in this era has matured, and the entire society cannot live without it. It is time to harvest.
This problem was not only seen by Ferdinand, but also by other consortiums. Otherwise, there would not be so many oil companies that have changed their owners over the years.
...
London
After Prince William received Ferdinand's telegram, he accelerated the speed of selling the property. Not only stocks, but also real estate in London and some corporate factories are all targets of selling.
Not only is he selling assets, but other financial groups are also reducing their stock holdings intentionally or unintentionally. Obviously, there are not just one or two people who know that the danger is coming.
This has not diminished people's enthusiasm for the stock market at all. The media is reporting good news every day, and companies are making huge profits in their annual reports.
There is no doubt that it is still a bull market!
London is the financial center of the world. Tens of millions of funds from all over the world flow into London every day, most of which flow into the stock market.
It is these living money that continue to flow into the stock market that pushes up the stock price.
William, you are not optimistic about the market, are you going to retreat? Prince Henry asked suspiciously
Yes, Henry! Let's take a look at the annual reports of these companies, my God? You need to be more professional in making fakes?
For example, this guest car company sold more than 100,000 cars last year, and its profit was as high as 70%. This is bullying that my family doesn't have a car company, so I don't know the profit of cars?
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 maintenance rubber company, who doesn't know that the rubber plantations in Southeast Asia have suffered heavy losses, and rubber production has been greatly reduced, and they have grown against the trend?
Are these people out of their minds? Such an obvious problem, once someone finds out, the stock price will immediately collapse!
There is a crazy existence, Henry, are you still optimistic about the London stock market? ' asked William
Like you, we are not optimistic about London's stock market, but it has not yet reached its peak, and the time for a crash under normal circumstances has not yet arrived! Prince Henry thought for a while and said
Of course it hasn't arrived yet, aren't you guys starting to retreat too? Don't tell me, you don't know these things! Prince William said with a frown
Isn't this what you led? The stock market is different from other industries. If you want to retreat, everyone will retreat together, otherwise no one will be able to escape. If you say no to playing, we dare not continue! Prince Henry said after thinking for a while
We don't dare to play anymore. In the same period in 1928, the capital flowing into the London stock market was 11 million pounds every day, and now the capital flowing into the London stock market is 12 million pounds every day.
These are superficial data, which seem to have increased, but in fact, at least one million pounds of inflows into the stock market are invested by us in order not to affect market fluctuations.
However, the outflow of funds from 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
It is impossible to leave blindly. It is a good way to leave the field slowly and constantly release good news as a cover.
The media will only report that the inflow of funds into the London stock market is increasing, but no one pays attention to the outflow of funds from the stock market.
Even if someone discovers that the company's annual report is falsified, everyone is pretending to be confused. To tell the truth at this time, it will kill people.
Unless the consortium has almost withdrawn, then is the time for the media to come out to expose the dark side of society. At this time, if the window paper is pierced, the newspaper will not be able to enter the market.
Okay, William, I admit that what you said makes sense, but you are too anxious. Could there be something important happening that I don't know about? Prince Henry asked suspiciously
Not yet, but it will be soon. You can investigate it yourself? I don't think you can't find it out? William said suspiciously
William, you don't know, it's not my turn to intervene in the family business. I care about these issues because of my own business. If I use the power of the royal family, it will be easy for people to gossip! Prince Henry wrinkled brow said
William nodded. These things are very normal. If the Bulgarian royal family hadn't grown up yet, their father, son and brothers wouldn't be so peaceful.
When there are too many people, there will naturally be more things to do. If these conflicts are caused for a little benefit, the gain outweighs the loss.
This situation will change soon, and soon you will have your own door, and these troubles will no longer exist! William comforted
Thanks, William! These are minor problems that I can fix.
Can you tell me how long you judged the London stock market crash to be? Prince Henry asked seriously.
Probably around 1930, this is also the time most consortiums expected, and everyone is starting to raise funds! William thought for a while and said
...
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