The Great Sage Returns from Ten Years of Imprisonment

Chapter 12: The War of Crude Oil Begins

As President Chen asked the question, the meeting room immediately fell silent, and everyone's eyes were focused on Ling Yun.

Ling Yun tapped the desk a few times, his thoughtful expression resembling that of a tycoon holding hundreds of billions of dollars.

After a moment's thought, he gave his response.

"International crude oil futures prices fluctuated wildly in May, mainly due to three factors: geopolitical events, market expectations, and speculative activity."

"It's mid-June now, and these three factors remain unchanged, so the underlying logic for the continued rise in international crude oil futures prices hasn't changed."

"For example, Türkiye's military operation against Kurdish insurgents in northern Iraq has raised concerns in the market about disruptions to Middle Eastern oil supplies."

"There are also ongoing tensions surrounding the Iranian nuclear issue, and a large-scale attack by militants on Nigeria's oil-producing regions, among other things."

"Furthermore, the decline in US oil inventories and our country's strong oil demand will inevitably drive up crude oil futures prices."

"Now that the conclusion is clear, we should definitely go long on crude oil futures and make a fortune..."

Ling Yun analyzed the situation from different perspectives, including the market and international politics, in a clear and concise manner, concluding that international crude oil futures prices would definitely continue to rise.

After listening to his insightful analysis, President Wang, President Chen, and Zhou Hua, who were initially curious and doubtful, quickly became nodding in agreement.

The more they listened, the more they agreed with this conclusion, and the more shocked they became!

Zhou Hua and his group, in particular, were shocked and somewhat incredulous.

Just two days ago, Lingyun was playing cards with me, just like a lazy street urchin with nothing to do.

When did this guy become so powerful? Or has he been playing dumb all along, just to suddenly become a sensation?

at the same time.

Chairman Jin and Boss Liu took the elevator down to the underground parking garage, preparing to drive away.

Just before getting into the car, Boss Liu suddenly called out to Chairman Jin and General Manager Zhu, and pulled them into his car, saying to his two old friends:

"Old Jin, General Manager Zhu, shall we consider doing some risk hedging?"

"Ling Yun is very talented, but he seems to be going a bit too far and taking too many risks!"

"I always feel a little uneasy; perhaps some risk hedging would be better!"

Hearing him say this, Chairman Jin and General Manager Zhu both fell silent.

After a moment's thought, Chairman Jin smiled and shook his head.

"If you doubt someone, don't use them; if you use someone, don't doubt them. I still believe in Ling Yun's abilities and judgment!"

"Besides, we didn't invest much money this time, so let's just treat it as a game. There's no need to hedge the risk!"

Unlike him, General Manager Zhu nodded.

"I also agree with doing some risk hedging, but there's no need to jump in immediately; let's wait and see!"

"Let's first look at Lingyun's previous investment performance. If it's disappointing or even results in losses, then we can consider hedging!"

After a moment's thought, Boss Liu nodded.

"Alright, let's do as Mr. Zhu says. Let's see how this kid performs in his investments, and then decide whether to hedge the risks!"

The three bosses discussed for a while longer before finally ending the topic.

Chairman Jin and General Manager Zhu returned to their respective cars, and together with Boss Liu, drove out of the underground parking garage and went home.

The conference room upstairs.

After analyzing the trends in the international crude oil futures market, Ling Yun assigned workstations to Zhou Hua and the others.

Then I turned on the computer at my workstation and started checking the international crude oil futures market and related financial news.

At this time, the international crude oil futures market was consolidating around $128 per barrel, and the trend looked relatively stable.

Then, Ling Yun opened the file bag that the chairman had handed him and began to look at the information on the futures trading account and the funds account inside.

It took him about twenty minutes to carefully review all the materials and verify the information for each account one by one.

Only after confirming that the information was correct were the account details distributed to Zhou Hua and the others so that they could familiarize themselves with the information and make necessary preparations for the transaction.

About ten minutes later, everything was ready.

The next moment, Ling Yun finally issued the transaction order.

"Guys, it's time for us to make a killing in the international crude oil futures market. Get ready to trade!"

"Starting now, with 100 times leverage, buy 2000 lots of NYMEX WTI crude oil futures July contracts in small, dispersed orders at a price of $128 per barrel."

"The maximum buy order cannot exceed 50 lots, and there must be at least a 10-minute interval between two transactions from the same account. The transaction volumes cannot be the same."

"This is to avoid alerting certain financial giants; the 2000 long positions must be spread across five trading accounts."

"We just need to complete the position building before 5 AM tomorrow. We're definitely going long, with a short-term target price of $135 per barrel and a stop-loss order at..."

As soon as Ling Yun issued the transaction order, Zhou Hua and his team immediately got to work.

As soon as Ling Yun finished speaking, the conference room was filled with the sound of rapid typing.

Even the atmosphere at the scene suddenly became tense.

Mr. Wang and Mr. Chen, who were standing by to witness and supervise, were secretly astonished.

He placed a long order of 2000 lots, which is 2 million barrels of crude oil futures, worth 256 million US dollars!

If the target price of $135 is reached and the position is closed successfully, this trade could yield a profit of $14 million, which is equivalent to 100 million RMB.

With a leverage of 100, the investment would be less than 2000 million RMB.

After quickly calculating the costs in his mind, Mr. Wang couldn't help but mutter a few words of reflection.

"Playing this big right off the bat, Ling Yun's really gone mad!"

"You bet you are! It gives me quite a fright!"

Mr. Chen nodded in agreement.

Just then, Li Jie's excited voice suddenly rang out.

"First trade completed, at $128 per barrel, a total of 21 long positions."

Following closely behind, Zhou Hua and Zhang Yuntian completed their first transactions, buying 15 and 12 lots of WTI crude oil futures respectively.

Lingyun was the last to complete the transaction. His first transaction was a long position of 30 lots, which is 3 barrels of WTI crude oil futures!

With the first transactions completed on several accounts, everyone had some free time.

Ling Yun quickly checked the transactions, confirming that the transaction direction and price were correct, then smiled and nodded, saying:

"Well done, guys! To put it bluntly, a good start is half the battle!"

"Wait ten minutes, then we'll do the second round of trading."

"Since we still have time, let's talk about something else. Hua Zi, after lunch, you can go back and pack your luggage!"

"I also need to go back and pack some changes of clothes. After we get back, Li Jie and Yun Tian will go home and pack their things. They must be back before dark..."

Before he could finish speaking, these guys started laughing and complaining.

"Holy crap! They're treating us like livestock! Do they have any humanity left?!"

"What did I say before? We're on a pirate ship now, and there's no way to get off!"

Ling Yun glanced at the three guys and chuckled irritably, saying:

"You pretentious jerk! Wait until we split the profits in a month, then you'll know whether this is a pirate ship or a super-luxury yacht!"

Zhou Hua and the others exchanged a glance, their eyes filled with longing.

"Alright! We're all going all in, hopefully you can lead us to new heights!"

"If this game really makes me rich overnight, I'd be willing to live in the company, or even the toilet."

While they were chatting and laughing, several short sellers of WTI crude oil futures in Europe and America were celebrating their victory.

"I don't know where these idiots came from, international oil prices are already so high, and they still dare to go long? They'll lose everything!"

"You can live or die as you please, I've made my money, time to sleep!"

A German short seller grumbled a few words to his computer.

Then he logged out of his trading account, shut down his computer, and went back to his bedroom to sleep, completely satisfied.

It was four in the morning in Germany, and the night was slowly receding.

It was already past 7 p.m. in the blink of an eye, and the sky over Shanghai had darkened.

Puxi, the old neighborhood where Lingyun lives.

Li Wen's parents were sitting in their car, looking at the building entrance ahead, discussing whether or not to go upstairs and knock on the door!

"Why is that little rascal's phone always off? Did he change his number? Or is he deliberately avoiding us?"

"Whatever, since we're here, we might as well give it a try!"

"That's right, let's go upstairs."

As they spoke, Li Wen's parents got out of the car and walked together toward the building entrance.

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