Rebirth: The Financial Giant

It is not only Zhongyuan Ocean Energy who has received orders. As the industry leader, this company maintains a market share of more than 55%, but other oil transportation companies have also received a large number of orders.

The large-scale new orders suddenly received also made its performance out of the counter-cyclical strong rebound. This stock has also reached a new high for the year. From the low point on February 28 to the present, the cumulative increase has exceeded +37%. Obviously, there are big funds who know the inside information in advance.

However, in the current capital market, except for insider funds, most of them have not reacted at all. The performance of these shipping companies is about to usher in a major reversal. As a shipping giant, Zhongyuan Shipping Holdings, its stock price is still hitting new lows. The quarterly performance is more hip than that of Hai Neng.

The goal of this reserve increase is to achieve a net import volume of at least 180 days, with a daily import volume of 2.8 million barrels, which means that the strategic oil reserve will be increased by more than 500 million barrels in half a year. Once this goal is completed, it will be To create an unprecedented import record, it is very likely that the total import volume this year will reach 1 billion tons. You must know that the import volume last year was only about 500 million tons.

Relevant parties are accelerating the launch of the multi-phase construction project of the national strategic oil reserve base, which not only increases the reserve space, but also boosts economic growth through infrastructure construction.

Adding more than 500 million barrels of strategic oil reserves will definitely require the construction of a huge oil storage base, and will definitely require large-scale infrastructure projects, which will also be beneficial to stimulating economic growth.

In such a big country, economic growth is not as simple as saying that it can be appropriately reduced. A moderate reduction in the growth point means that many people are unemployed. Some economists are standing up and talking without back pain. After all, they will not be unemployed. There is no pressure to pay the monthly payment.

Now that oil prices are plummeting, not only is the life of North American shale oil and gas companies hanging by a thread, but the rabbits here are starting to buy cheap oil on a large scale.

For Tiansheng Capital, it is not easy to complete the net import volume of more than 500 million tons of oil in the oil sector, because the futures trading and spot trading in the crude oil market are very different, such as quota issues, etc. The water here is also deep.

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Friday, April 3.

Tiansheng Capital Headquarters, Board of Directors.

At around 3 o'clock this afternoon, Lu Ming convened another eleven directors to discuss the company's strategy of buying globally, buying globally. The focus of the board's agenda was crude oil, the most important commodity among commodities.

...What? Sign a 10-year contract with Vela Ruila, or at a price of $45 per barrel? Xue Zhongming, the director of the organization who attended the meeting, said in shock. When other directors present heard Lu Ming raise this question Also very shocked.

The current crude oil price once fell below $20 per barrel, which is almost double the price of the premium market. Although Velarella’s oil reserves are said to be the largest in the world, most of them are heavy crude oil. , the mining cost is high.

This is not a forehead decision, but an indispensable strategic move. It is also one of the important bargaining chips for wrestling with Lao Mei to force him to compromise. Lu Ming said in a deep voice, the directors present at the meeting. Hearing his tone, and also understand that this meeting, he has made up his mind.

Lu Ming looked around at everyone and said in an orderly manner: The general situation has changed today, and it is time to take back the pricing power of refined oil products. Let's take a step back and negotiate with Lao Mei on this matter. An extremely important core bargaining chip when negotiating.

Everyone was shocked when they heard that he wanted to take back the pricing power of refined oil.

Several directors present at the meeting looked at each other, guessing that this was what Lu Ming meant?

Or does it mean above?

This is no small matter!

The current domestic refined oil pricing mechanism originates from the refined oil pricing mechanism implemented in 2008.

Its main content is: to change the current pricing mechanism that allows the retail benchmark price of refined oil to fluctuate to implement the maximum retail price, and appropriately reduce the price difference in the circulation link. , so as to form a pricing mechanism in which the price of domestic refined oil products is indirectly connected with the crude oil price in the international market.

In other words, domestic oil prices and world oil prices have established such a linkage mechanism.

Later, a little adjustment was made, that is, when the oil price is lower than how much, you can not follow this, and when it is higher than how much, you can not follow this. Basically, this is the state.

Lu Ming looked at the crowd and said, We were originally super big customers. Logically speaking, we could sign long-term contracts and pay wholesale prices, which turned out to be retail prices. We suffered too much from the current pricing mechanism. At that time, our national strength was not enough. As well as some other factors, this pricing mechanism can also be understood, mainly due to insufficient national strength, but it is different now, and today is different from the past.”

Many people think that this mechanism of linkage between refined oil products and the international market is quite fair. You can see that when the international oil price rises, we will follow the rise, and if the international oil price falls, we will fall, but in fact? It means that you take it as the world's largest oil The final price of oil consumption in the consumer market and the largest oil import market has endorsed the price of virtual transactions and futures market transactions in Europe and the United States.

That is to say, over the years, through their virtual trading and futures trading, the West can actually adjust the price of oil in your mainland by using the price leverage of the futures market. This is actually a very serious matter. The rise of Tiansheng in the past few years has made up for it in virtual transactions, and I have to be wary and play cat-and-mouse games with them. A drop in the bucket.

Lu Ming, who was sitting at the head of the meeting, paused for a moment, looked around at Gao Hua, Xue Zhongming and other directors and continued: Now the entire international oil futures market is controlled by the old and the United States, and it is the oil futures in US dollars. A Brent is also a dollar quote and a dollar oil futures.”

To directly bind these oil futures to the terminal price of oil consumption in the mainland, even if the terminal price is denominated in RMB, but the adjustment still follows him, which is equivalent to indirectly endorsing other people's dollars, of course people are happy, But having said that, right now is a key bargaining chip in our negotiation with the old and the United States.

Everyone can't help but nod. It's not difficult to understand. It only needs to be mentioned at the negotiating table: If you dare to do anything with the money I cut off with my ability, then I will take back the pricing power of refined oil.

When America heard this, she would not be scared to urinate, and she would have to sit and rest.

Why do you want to increase the share of oil trade with Vela? You need to sign a ten-year long-term contract? If you buy heavy crude oil, you have to pay a premium of $45? Lu Ming looked at everyone and asked.

The premium of $45 seems to be a big injustice now, but two years later, the high oil price once soared to a height of $139. Looking back, it is really not expensive to sign a long-term contract and anchor the price at $45.

If you use it yourself, it can offset some of the drastic fluctuations in oil prices, which is conducive to stabilizing the economy. The drastic fluctuations in the price of a commodity such as oil prices have a huge impact on the stable development of the economy.

Take it and sell it, and you can sell it for double the profit.

This is the difference between wholesale price and retail price.

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