The Great Sage Returns from Ten Years of Imprisonment

As the sun sets, twilight slowly engulfs London.

The streetlights lit up one after another, and the vibrant nightlife quickly began.

In the City of London, almost all the office buildings were brightly lit, and the atmosphere inside was as tense and filled with the smell of gunpowder as if a war was raging!

"Boss, the October WTI crude oil contract in New York has risen to $115. The price increase is too fast. Should we continue to buy and take delivery?..."

At Davidson Futures, a trader loudly announces the latest market information.

Before he could finish speaking, he was rudely interrupted by the middle-aged white man standing behind him.

"Fuck, forget about that damn price, keep buying more shares, as much as you can, until delivery is complete!"

"If I can't complete the transaction today, I'll be bankrupt and I'll have to jump off the Tower of London tomorrow."

"Received, boss, I'll restock right away."

The trader nodded in agreement and immediately continued buying.

The same scene is playing out simultaneously at Davidson Futures, in the City of London, and in countless other places around the world!

Just as Lingyun said, countless short sellers of crude oil futures are frantically covering their positions, completely ignoring the rocket-like surge in international oil prices!

For them, completing the replenishment and delivery a second earlier could salvage some losses or even prevent the tragic end of losing everything!

Even so, countless short sellers of crude oil futures went bankrupt overnight.

Every dollar, or even a cent, that international oil prices rise will cause many short sellers in crude oil futures to be liquidated or even wiped out, resulting in heavy losses!

At this moment, the joint investment team's office area was like a boiling volcano, with an atmosphere so intense it was about to burst into flames.

Everyone was glued to the soaring international oil prices, and cheers erupted!

In their excitement, many traders closely monitored oil price fluctuations and loudly reported the latest developments!

"$113, $115, $116, $118, $120... My God, this market has completely gone mad!"

"Look at the trading volume data, everyone! It's surged to more than ten times the usual volume! All the short sellers are frantically covering their positions!"

"Wow, this speed of price increase is so exciting and so violent, but why do I like it so much!"

With bursts of excited shouts, the atmosphere at the scene became increasingly heated!

Seeing the bustling scene before them and the skyrocketing international oil prices, Director Li and General Manager Kong, who were witnessing such a spectacle for the first time, were utterly astonished.

It wasn't until international oil prices soared past $120 that they snapped out of their shock and began to gasp in amazement.

"My goodness! In just about ten minutes, international oil prices surged by $11! This market is absolutely insane!"

"If I hadn't seen it with my own eyes, I would never have believed that international oil prices could surge like this. Heaven knows how many short sellers have lost everything overnight!"

"In this market, no matter how much wealth you have, it's just a set of numbers. It might disappear in the blink of an eye, and money will be worthless, like waste paper!"

The executives gasped in shock as they discussed the matter amongst themselves.

Everyone was stunned by the frenzied market conditions before them. While their eyes were shining with excitement, they also felt a chill run down their spines!

Fortunately, the joint investment team was bullish on crude oil futures this time, the sharpest sickle in the market, and could reap the rewards without restraint!

If we were in their shoes, what if the joint investment team chose the wrong direction and ended up being a short seller?

That scene is something I can't even imagine!

As they were talking, Deputy Director Li said in a low voice with a serious expression:

"Lingyun was absolutely right. We should focus on our main business and not get obsessed with this kind of financial speculation, otherwise we'll lose everything sooner or later!"

"After this operation concludes, airlines can continue to invest in crude oil futures, but they must reduce leverage, ensure risk is manageable, and avoid prioritizing other areas!"

Mr. Kong and Mr. Sun exchanged a glance and then nodded in unison.

"That's right, Director Li. Such high-risk financial investments must be approached with extreme caution, and could even be strictly prohibited by all airlines!"

"If Lingyun hadn't spearheaded this operation, all the airlines would have suffered huge losses; no airline could afford such an outcome!"

In the blink of an eye, the heads of the various airlines quickly reached a consensus.

In this joint operation, the airlines made a fortune, but it also made them realize the huge risks of investing in international crude oil futures and the upper limit of their investment departments' capabilities!

Such extremely high-risk financial investments are simply beyond the capabilities of airline investment departments!

All the investment departments of each airline can do is hedge some risks in the crude oil futures market to reduce fuel costs, and that's it!

With the huge profits earned from this operation as a foundation, airlines can simply focus on their core business and still live a comfortable life!

As they were talking, international oil prices surged again.

"Look everyone, it's at $122! Those short sellers are literally bleeding money to cover their positions!"

"brush!"

As if by reflex, Director Li and General Manager Kong all looked up at the electronic screen hanging in front of them.

as predicted!

In the blink of an eye, international oil prices have surged to $122, and trading volume and value have become even more astonishing, more than doubling again!

"hiss!"

Director Li and his colleagues gasped in unison, speechless with astonishment.

Just then, Ling Yun got up from his workstation and walked towards them with a smile on his face.

When he approached, General Manager Kong hurriedly said:

"Xiao Ling, this market situation is insane! It's far more outrageous and terrifying than you predicted!"

"You analyze the underlying reasons for this extraordinary market movement in international crude oil futures. We'd like to learn something new!"

His words immediately drew agreement from Director Li and the others.

Ling Yun glanced at the group of bigwigs and nodded with a smile.

"You're right, Mr. Kong. The crazy fluctuations in the international crude oil futures market have somewhat exceeded my expectations!"

"But a closer analysis of the underlying reasons reveals that this super market rally is actually quite normal; it's the result of a combination of factors!"

He paused briefly before explaining the reason.

"The first decisive factor is the expiration of the October contract for WTI crude oil futures in New York. All short sellers had to buy and take delivery, which led to a stampede of short covering."

"Under the NYMEX delivery rules, low crude oil inventories and a scarcity of warehouse receipts exacerbated the short squeeze, forcing numerous short sellers to close their positions at higher prices because they couldn't obtain the delivered goods at low prices!"

"The second reason is that the US government's massive bailout plan is expected to create loose liquidity, which in turn will drive up inflation and commodity prices!"

"Due to safe-haven demand, a large amount of capital will flow into the crude oil market. Furthermore, the continued depreciation of the US dollar increases the attractiveness of crude oil futures, accelerating capital inflows!"

"The third factor is technical, mainly involving distortions in inter-month price spreads, speculative trading, and liquidity stratification in the crude oil market caused by financial market panic..."

Next, he provided a clear and concise analysis of the causes of this super market trend and its subsequent trajectory!

As he explained and analyzed, Director Li and his colleagues nodded repeatedly.

The doubts hanging over their minds are gradually dissipating.

At the same time, international oil prices are like a runaway horse, continuing to rise wildly!

"At $126, international oil prices surged by $17 in less than twenty minutes. The world has completely gone mad!"

"Wow, I've lived for two or three decades, and I've never experienced such a crazy, exciting market!"

Another cheer erupted from the trading area, with many people's voices cracking with excitement!

Upon hearing the price of $126, everyone was once again shocked and looked up at the electronic screen.

Ling Yun quickly stopped talking and looked directly at the investment directors.

"The investment departments of all airlines can start selling now. The current trading volume is astonishing; large-scale sales are possible, and the faster the inventory is cleared, the better!"

"Okay, we'll ship it right away!"

Mr. Xie and his team nodded excitedly in response and sprang into action.