The Great Sage Returns from Ten Years of Imprisonment

Upon hearing that international crude oil futures prices had suddenly surged, Ling Yun immediately got up and walked back to his workstation.

Upon approaching, he quickly glanced at the real-time market data on the computer screen.

On the screen, the price curve of New York WTI crude oil futures is rising rapidly, making one's heart race.

Ling Yun stared intently at the rapidly changing prices, a look of understanding flashing across his eyes.

"As expected, OPEC (Organization of the Petroleum Exporting Countries) is meeting in Vienna today, and the focus of the meeting is on oil production and prices."

"Two days ago in Saudi Arabia, the Saudi King publicly proposed increasing oil production, but the OPEC rotating president immediately expressed his opposition, stating that OPEC would continue to limit production."

"Against this backdrop, the international market is generally bullish on oil prices. OPEC is holding a ministerial meeting in Vienna today, and it is expected that new production limit targets will be announced."

"That's why international oil prices surged before the meeting started. The real climax will come after the meeting ends and the production cut targets are released..."

Upon learning the reason for the price increase, Zhou Hua and the others were so excited that their eyes lit up.

Previously, the team invested 5000 million yuan to go long on New York WTI crude oil futures, increasing the leverage ratio to 150 times.

They know very well what the sudden and rapid rise in international crude oil futures prices means!

That's a huge amount of wealth coming in!

Even if each of them only receives 1.2% of the investment profits, the absolute amount is enough to make them ecstatic!

"What should we set the profit target this time?"

Li Jie was already impatient and couldn't wait to close his position and lock in profits.

"To be honest, international oil prices are ridiculously high right now. I'm really worried about a sudden collapse and a freefall!"

Ling Yun glanced at the candlestick chart, thought for a moment, and then tapped the screen with his finger.

"The take-profit target for this long position is set at $139.8 per barrel. Once that price is reached, close the position immediately!"

"I predict that international oil prices are likely to break through $140 today. As I said before, we don't want to make the last penny; we need to leave some room for our opponents."

As he said this, his eyes suddenly became even sharper.

"Once international oil prices reach $140.2, immediately reverse course and short sell, increasing the investment to 6000 million, with leverage remaining at 150 times!"

"Following the OPEC special meeting, a regular press conference will be held, where the meeting minutes will be released. Oil prices should take off around that time."

Upon receiving clear trading instructions, Zhou Hua and his team became even more excited.

"Wow, if international oil prices really exceed $140, we'll make a killing!"

"That's right! Our cost basis this time is $132.50. We can make over 400 million in one go. Isn't that amazing!"

After a brief moment of excitement, everyone was a little surprised.

"A gas price of $140 is outrageous; this is a record high!"

"If international oil prices stay at this level, who will be able to afford a car in the future? Gasoline alone could bankrupt many people!"

Ling Yun chuckled, then shook his head.

"Don't worry, international oil prices can't stay this high forever. If all the wealth is pocketed by oil-producing countries, those countries will be doomed!"

"Domestic oil prices are even less likely to skyrocket. Our country has always maintained firm control over domestic oil prices, and they will not fluctuate wildly along with international oil prices!"

"After this operation is over, you guys can buy cars if you want, and houses if you want. Don't worry about anything!"

When it comes to buying a house or a car, everyone's enthusiasm is instantly ignited.

"Hey guys, what kind of car are you planning to buy? I want to get the latest Range Rover, it's my dream car!"

"I haven't decided what car to buy yet, but I have decided what house to buy. I've got my eye on a large, single-level apartment along the river in Huangpu District..."

After a lively discussion, Lingyun turned and went to the rest area to continue eating lunch.

Over the next few hours, international oil prices continued to rise steadily, albeit not by much, but the upward trend was very firm.

During this time, Chairman Zhao, General Manager Wang, and General Manager Chen each called to inquire about the investment team's situation and to discuss international oil price trends with Lingyun.

During the call, Chairman Zhao also subtly reminded Lingyun to take profits when he was ahead and not to be too greedy, lest he miss the best opportunity to close his position!

Ling Yun, however, acted as if he didn't understand and laughed it off.

As long as the tripartite cooperation plan continues, he has the final say on everything the investment team does, and even Chairman Zhao's words have no effect!

Around 5 p.m., Boss Liu suddenly called.

After a few pleasantries, he casually got down to business.

"Xiaoling, what's your opinion on today's international oil price trend? Do you think international oil prices will continue to rise?"

"Looking at the current international oil prices, I'm really alarmed. This isn't just oil; it's practically turning into gold!"

Alright! They've come to gather information!

Ling Yun muttered a curse to himself, then feigned hesitation before finally refusing.

"I'm very sorry, Mr. Liu, but I cannot provide any investment advice, as that might be considered a violation of regulations!"

"But I can offer my personal assessment: international oil prices cannot remain at such high levels indefinitely; a correction is inevitable."

"Nobody can say for sure when the pullback will occur or how large it will be!"

Hearing this ambiguous answer, Boss Liu was both angry and helpless!

Even a fool knows that international oil prices will eventually fall, but the key question is when they will correct!

If you can't grasp the trend and rashly jump in to buy at the bottom, you'll most likely end up losing money halfway down the mountain!

Given the high leverage ratio in international crude oil futures trading, a misjudgment can often result in losing everything, or even going bankrupt!

After chatting for a while, Lingyun prepared to end the call.

Just then, Boss Liu suddenly said:

"Xiao Ling, do you have some free time these next couple of days? I'd like to treat you to dinner, and we can talk about some things."

Ling Yun paused for a moment before responding.

"I'm sorry, Boss Liu, but I set rules for the team that they can't leave the group headquarters on weekdays, and I can't be the one to break them."

"If there's anything important that's inconvenient to discuss over the phone, you can come to the group headquarters, and we can meet and talk during lunch."

"Or the weekend is fine too. I'm free then, and we can arrange a time to meet."

At this point, Boss Liu was like an ant on a hot pan; he had no patience to wait until the weekend!

"Then let's meet tomorrow at noon. I'll go to the Yuanda Group headquarters, and we can talk."

Okay, see you tomorrow.

After saying that, Ling Yun hung up the phone.

The next moment, Zhang Yuntian curiously came closer.

"What exactly is Boss Liu trying to do? Why is he trying so hard to meet with us privately?"

"We not only helped him recoup all his previous losses, but we also made him a lot more. What more could he want?"

Ling Yun smiled and shook his head dismissively.

"Human greed knows no bounds; Boss Liu clearly wants to earn even more, which is why he's causing all this trouble!"

"But no matter what he does, we will not participate outside of the tripartite cooperation plan, and we certainly cannot violate any rules!"

As we were talking, it was already 5:30 pm.

It was 11:30 a.m. in Vienna at that time.

The special OPEC ministerial meeting, which lasted for more than two hours, has finally come to an end.

As soon as the venue doors opened, a large number of media reporters who were granted access to the venue flooded in.

Without prior arrangement, all the reporters focused their attention on the OPEC rotating president, swarming around him and asking questions.

"Good afternoon, Mr. Khalil. I'm a reporter from The New York Times. May I ask what OPEC's production cut target is this time, or has it decided to increase production?"

"Hello, Mr. Khalil, I'm a reporter from the Financial Times. It's an honor to interview you. What's your view on the trend of international oil prices? Will they continue to rise or fall?"

Numerous media reporters asked questions, all revolving around one core issue: the persistently high oil prices!

Khalil glanced at the reporters, a formal smile on his face.

He raised his hands and gently pressed them down before responding.

"Good afternoon, friends from the media. After more than two hours of consultation and discussion, all OPEC member countries have unanimously agreed!"

"Starting next month, OPEC plans to cut crude oil production by 200 million barrels per day, which will cause international oil prices to continue to rise..."

Before the words were even finished, all the reporters present were instantly certain.

International oil prices are about to take off!