Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

The president's office of Mobil.

Bobby smoked a cigar while excitedly looking at Mobil's new financial report for January.

He could never forget the scene where Lindgren was sought after by energy companies in North Dakota.

The other party's rapidly rising world ranking made the oil overlord feel a sense of crisis.

The think tanks quickly gave a response strategy.

When Husky's oil wells were rising from the ground, the price of crude oil was lowered, so that its profits were far below expectations!

On the other hand, relying on the low-price strategy, further consolidate its sales market share.

It can be said that everything has gone very smoothly so far.

There are fewer voices in the market that are chasing Husky. The other party has paid a lot of costs to increase production, but the profit is far from expectations.

Although OPEC members have many complaints, their protests cannot stop Bobby's determination to continue the low-price strategy.

Just when he was imagining that Husky would suffer losses and fall into a slump.

His assistant rushed in:

"President, something is wrong. Saudi Arabia has just announced a plan to stop production and reduce production. OPEC members led by Saudi Arabia have followed suit and issued notices of production cuts."

Bobby angrily said, "Didn't you continue to negotiate with them?"

"Of course, but they insisted on reducing production in order to increase oil prices."

"Naive Middle Eastern people, what they are doing is undoubtedly pushing all the vacant markets to non-OPEC oil member countries!"

Thinking of this, Bobby's face was full of contempt:

"Just continue to increase our production. I want to see how long they can hold out."

Bobby arrogantly regarded Saudi Arabia as a disobedient protesting laborer. He knew that the other party's financial situation could not hold out for long and would go back to work obediently.

The assistant was sweating profusely:

"Sir, please let me finish my words. What's worse is that a few minutes after it released the news, Husky also announced a suspension of production!"

At this time, Bobby couldn't sit still. He turned on the TV. The media was broadcasting special news about OPEC's production cuts, which Husky followed up at the same time.

The hateful expert gloated and threw the pot to Mobil, claiming that it was his will that broke the normal pricing rules of the market and aroused public anger.

"President Bobby will definitely pay the price for his previous stupid decision!"

This so-called expert must have received a red envelope from Husky.

Bobby immediately smelled the smell of conspiracy. The disobedient younger brother and the enemy came together to challenge the authority of his big brother!

If Husky is added, the world will fall into a new round of oil crisis!

Oil prices will definitely soar in a short period of time!

In this way, Mobil is bound to be in a dilemma.

If it raises prices under pressure, the majesty of Mobil Big Brother will not be gone.

"Continue to maintain this price and increase productivity. We just take the opportunity to seize the market vacated by both parties!"

The assistant took the order and left.

Bobby admitted that he was gambling. He was betting that the finances of Saudi Arabia and other countries would not last long.

After he turned on the TV, the expert invited by Husky was still talking nonsense:

"Everyone thinks that the finances of OPEC oil countries will not last long in the face of huge expenditures, but don't forget that Saudi Arabia and other countries have a large amount of foreign exchange reserves. They have long expected that there will be such a day.

If they are determined to fight Mobil to the end, they will definitely use their foreign exchange reserves..."

Bobby wanted to smash the TV, just when he was about to complain about this TV station.

Not long after, the assistant came in again:

"The president is in trouble. Saudi Arabia has just announced that it will use 30 billion US dollars of foreign exchange reserves to fill the hole in the finances!"

"Humph, it's okay. This kind of subsidy can't last long. We are determined to lower prices. No one can do anything to us."

But as soon as he finished speaking, another bad news came-the Eagles and Gallic Chickens also rebelled together!

Bobby never expected that Shell and Eagle Oil would cut production.

He was so angry that his whole body was shaking. This was a naked act of betrayal!

"President, should we adjust the price now? I'm afraid the shareholders will have big opinions."

Bobby panted like an angry old bull.

"We can't adjust it. We must continue to persevere. Don't worry, our profits will only increase, and they will face the rise in oil prices due to the production cuts. They are destined to not be able to unite for long."

Bobby's mind was very clear. He knew that this was Husky's conspiracy. If he let their conspiracy succeed, how could he dominate the oil price in the future?

Moreover, his actions made a lot of money for the company and seized a lot of markets in OPEC countries.

The people on the board of directors also...He is not a fool, and he would not dismiss him just for this reason.

But he still thinks too highly of the capital.

OPEC members and non-OPEC members have fought for market share several times.

Wars have broken out more than once.

The purpose of war is to plunder oil on the one hand and to increase oil prices on the other.

But what is Bobby doing? He actually sells oil at a low price when oil prices are rising.

In the eyes of Mobil's shareholders, this practice is almost like a female bodhisattva, doing things that hurt others and benefit oneself.

Although Bobby is still forcing an explanation that it is to maintain the brand status, the capital does not buy it.

"Bobby, Mobil's market share is already high enough. Do you know how high a barrel of Saudi oil is now?"

"50 US dollars! 50 US dollars a barrel. Even at this price, there is still a shortage of supply. The profits obtained by OPEC members are even higher."

The shareholders' hearts bleed when they think of this.

When I think about them selling at only $26 a barrel, while others sell at $50 a barrel, my heart can't help but bleed.

"What do you mean, sir?"

"They can reduce production, and so can Mobil. At the same time, we want to get a share of the high-priced oil market, and Mobil can't be too unsociable."

The shareholders have all made a good calculation. Isn't it good to reduce production and make money together?

As for Big Brother's face, how much is that thing worth?

They are not the company's management, and they don't take face that seriously.

"Okay, I'll go and announce the new policy now."

"Wait, Bobby has something else to tell you."

Seeing that the major shareholders were staring at him, Bobby suddenly had a bad premonition.

"If you have anything to say, just say it."

"After announcing the news of production cuts and price increases, we hope you can take the initiative to resign!"

As soon as he finished speaking, Bobby's neck turned red. He couldn't accept this order and roared:

"You are killing the donkey after it has done its work. Mobil has grown to its current size under my leadership. Just because of such a small matter, you want to replace me?"

"Mr. Bobby, we hope you can face the reality.

The facts have proved that your plan against Husky has failed. Your wrong low-price strategy has caused us to suffer huge losses.

Someone must stand up and pay for the wrong business strategy, and that person can only be you!"