The Great Sage Returns from Ten Years of Imprisonment
Chapter 126 International Oil Prices Plunge into Hell
Upon hearing Ling Yun's claim that there would be a super market opportunity in the next two days that could resolve the trap set by Goldman Sachs in one fell swoop, the Civil Aviation Administration of China and various airlines immediately took the matter very seriously.
The investment departments of various airlines have sprung into action, increasing their bets through various channels, preparing to make a fortune from this opportunity.
The joint investment team and the Yuanda crude oil trading team did not increase their bets, but instead remained calm and waited for the moment to reap the rewards.
After dinner on Monday evening, Deputy Director Li and General Manager Kong rushed to the headquarters of China Investment Corporation to witness the arrival of this super market trend.
As a result, this super surge did not occur even by the early hours of the morning, and international oil prices remained calm.
This made them somewhat suspicious, but no one raised it, and they decided to wait and see.
By 2 a.m., they could no longer stay awake, so they went into Lingyun's office and rest room and lay down fully clothed.
Although Ling Yun was also somewhat tired, he dared not close his eyes to rest, and stayed in the trading area to monitor the market, ready to respond at any time.
It wasn't until 5 a.m., when the New York Mercantile Exchange began its settlement process, that he managed to squeeze in a brief moment of rest with his eyes closed during that one-hour settlement period.
Before we knew it, it was six o'clock in the morning.
With the NYMEX settlement completed, the curtain officially rises on a new trading day.
The moment trading began for WTI crude oil futures in New York, the entire trading area suddenly erupted like a volcano.
"My God! What happened? International oil prices plummeted by five dollars at the opening bell! Am I seeing things?"
"Holy crap! Is international oil prices going crazy? Or is there a problem with the NYMEX electronic trading system?"
"Look everyone, international oil prices are still plummeting, having fallen by more than six dollars! The entire market has collapsed!"
All the traders gasped in shock, their eyes wide with disbelief, almost popping out of their sockets!
Shocked, many traders jerked their chairs back and jumped up as if electrocuted.
Several of them lost their balance and landed on their bottoms on the floor, looking disheveled but extremely excited.
As everyone has said, New York WTI crude oil futures opened five dollars lower as soon as the new day of trading began.
Then, without any resistance, it continued to plummet, dropping by more than six and a half dollars in the blink of an eye, shocking everyone!
As New York WTI crude oil prices collapsed without warning, international oil prices immediately followed suit, beginning a spectacular plunge.
Ling Yun, who had been leaning back in her chair pretending to doze off, silently curled a smile at the corner of her mouth.
Before his smile could fade, he suddenly opened his eyes and looked at the international oil price trend on the computer screen in front of him.
The result is self-evident!
International oil prices are plummeting headfirst into an endless abyss!
"Splash!"
As if springs were installed under Ling Yun's buttocks, he sprang up from the chair like lightning, jumping three feet high!
Before he even landed, a triumphant laugh had already escaped his lips.
"Hahaha, I've finally waited for this! This is the amazing deal I've been waiting for! Awesome!"
Before the laughter had even subsided, everyone in the trading area turned to look.
Those burning eyes were like those of someone looking at a prophetic god, full of worship and disbelief!
Just then, there was a loud bang.
General Manager Kong suddenly flung open the office door, and led Deputy Director Li and General Manager Sun out of the office in a swarm!
Clearly, they were awakened by the loud shouts outside and rushed out to check what was happening.
They saw it as soon as they rushed out of the office.
On several large-screen TVs hanging in different parts of the trading area, international oil prices are plummeting at an astonishing speed!
Seeing the international oil price chart plummeting to rock bottom, Mr. Kong and his colleagues could hardly believe their eyes.
They simultaneously reached out and rubbed their sleepy eyes, then opened them wide again to look.
The next moment, several vice-ministerial level officials were in an uproar.
"My God! What's going on? Has World War III broken out?"
"Oil prices plummeted by more than $7 at the open. Has international oil gone mad? Or did both the New York and London stock exchanges experience simultaneous electronic trading disruptions?"
Ling Yun turned to look at President Kong and the others, and jokingly teased them:
"This isn't World War III. If it were, international oil prices, as one of the most important strategic resources, would skyrocket!"
"But in the financial sector, this plunge in international oil prices can be seen as one of the signs of the start of a financial world war—that's what I mean by a super market trend!"
After hearing his words, Mr. Kong and the others all came to their senses.
The bigwigs exchanged a quick glance, then stepped forward in unison, walking briskly towards Ling Yun.
Upon approaching, Deputy Director Li asked in a low voice, unable to wait any longer:
"Xiaoling, what exactly happened in the international crude oil futures market? Tell everyone quickly, this market movement is absolutely thrilling!"
Immediately afterward, both General Manager Kong and General Manager Sun asked in hushed tones.
"It seems your judgment was very accurate, Xiaoling. This is indeed a super market movement, but why did this super market movement occur?"
"Let me explain. You kept saying that secrets couldn't be revealed, but now that the super market opportunity has arrived as expected, shouldn't the mystery be solved?"
At the same time, several investment directors swarmed around him, their eyes gleaming as they stared intently at Ling Yun.
Ling Yun glanced around, then smiled and shook his head.
"I have more important matters to attend to now; I need to issue trading orders immediately to avoid missing the optimal time to close my position!"
"I'll explain the origins of this extraordinary market movement once the trading instructions are relayed."
After saying that, he quickly turned to look at the trading area.
Then he grabbed the microphone from his workstation and issued trading instructions with great enthusiasm.
"Listen up, everyone! When international oil prices plummet to $107, immediately close 30% of your short positions; at $106.6, close 40%; and at $106.4, sell the remaining 30% of your short positions."
"Our shipping strategy remains the same as before: distribute orders in smaller, more manageable increments. However, considering the extremely rapid decline in international oil prices this time, we need to double our shipping speed!"
"Based on my assessment, this super rally came on strong and is unlikely to recover quickly after the initial drop. Therefore, we will only sell today and will not go long."
Unsurprisingly, everyone was once again stunned.
"Understood, enjoy our performance!"
Shocked, numerous traders responded with a roar, almost flying into the air.
Deputy Director Li and the others opened their eyes even wider, their eyeballs almost popping out of their sockets.
"My God! Can international oil prices really drop to $106 today? If so, we could make over six billion in one go! That's insane!"
"My goodness, I can't believe you can make this much money! I never even dreamed of such a thing. This is truly a super-profitable business!"
Seeing that many traders had already taken action, either assigning tasks to sell off their holdings or picking up encrypted phones to contact their teams in Hong Kong and Singapore, Ling Yun finally turned back.
He glanced at Deputy Director Li and his group, who were more radiant than flowers, then smiled at the directors and whispered a few words of advice.
"Airlines can close their positions at the $108 price level. Everyone must remember, all short positions must be closed today, not a single one!"
"Given the scale of investment from each airline's investment department, this move could net them at least two or three billion yuan—a truly windfall!"
Mr. Xie and his team instantly snapped out of their daze and were overjoyed.
"Okay, Lingyun, we'll notify the airline's investment department immediately and have everyone prepare for liquidation."
"We will immediately close our positions once international oil prices fall to $108."
Before he could finish speaking, Mr. Xie and his team quickly pulled out their phones, turned around, and headed to the conference room to make calls.
Ling Yun nodded in satisfaction, then took out his encrypted phone and quickly sent trading instructions to the Yuanda Crude Oil Investment Team.
"Clear all positions at $106, go long at $105.8, the initial investment is a quarter of today's profit, close positions at $110."
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