novelones Chapter 246 Join forces with Saudi Arabia to control international oil prices
Chapter 246 Join forces with Saudi Arabia to control international oil prices
golden house.
Park Zhixuan's slender fingers lightly traced Wang Lei's chest.
"How long do I have to wait to get what I want? I can't stay in the Jin family for another day."
"Three years, within three years I will definitely make the decision for you and get back everything you deserve!"
Listening to the man's solemn words, Park Ji-hyun said resentfully:
"Three years and three years, are you kidding me?"
"How could it be possible? It's just that the time has not yet matured. You are still young and Jin Yuzhong is old. The most indispensable thing for those who achieve great things is patience!"
"Okay, I believe you, I can afford to wait."
Park Zhixuan had no choice but to trust Wang Lei.
She is now like a peacock who has lost her freedom. The only one she can rely on is Wang Lei.
……
While Wang Lei was enjoying life, Lindgren on the other side of the ocean was in trouble.
Because starting from last quarter, Husky Energy's various indicators have plummeted.
The Gulf War caused the price of crude oil to exceed the US$30 mark. Coupled with the rapid economic development of several Eastern Asian countries, the demand for cars continued to rise, causing oil prices to reach a new peak.
But this has also intensified competition among major oil companies.
Husky's oil boom in North Dakota stimulated the big oil giants, accelerated the pace of oil exploration, and discovered several small oil fields one after another.
The competition between Husky and Mobil Oil Company was intense.
Mobil Company has realized that Husky will endanger its position as the world's number one, and has begun to consciously lower its shipping prices, hoping to further seize the market with low prices and large production volumes.
This move did cause Husky and other companies to suffer a lot.
Mobil took the initiative to lower crude oil prices, but net profits did not drop much.
Coupled with a strong global sales network, Husky's profits have been declining for a consecutive quarter.
If Mobil continues to encroach on the market, some of Husky's wells are at risk of shutting down.
Robert pressed his eyebrows. In fact, Husky's performance was not bad. Compared with some small companies and some giants, Husky still had very considerable profits.
According to his opinion, Lindgren can rest for a while.
"Lindgren, I know you are in a hurry, but the board of directors is already very satisfied with you. Mobil's state of full operation is destined to not last long..."
Of course Lindgren understood the truth, but with his stubborn character, it was almost impossible to get him to accept his fate.
"Sir, I have an idea, I don't know if I can tell it."
Robert responded patiently:
"It doesn't hurt to speak up and I will report it back to the board of directors."
"Since Mobil wants to shut down Husky's oil wells, we might as well join forces with Saudi Arabia to suspend all oil sales and raise crude oil prices together!"
Robert's eyes couldn't help but light up, Lindgren's proposal brought him a big surprise.
Because international crude oil prices continue to fall, Saudi Arabia has experienced a huge cash flow shortage.
Saudi Arabia, which has had a few years of prosperity, has implemented an expansionary fiscal plan in the past two years, carried out large-scale infrastructure construction domestically, and spent huge sums of money abroad to purchase various destructive weapons.
These huge expenditures are supported by oil revenue.
When doing financial planning, they were overly optimistic about the future trend of oil. They did not expect that the price war between Mobil and Husky would bring the price of crude oil to the lowest price in five years.
Only when crude oil prices return to above $30/barrel can Saudi Arabia's cash crisis be alleviated.
Therefore, the OPEC organization led by Saudi Arabia is planning a shutdown plan, deliberately suspending oil production in an attempt to increase oil prices.
Of course, the giants only regard this as a threat, and the one who really needs to stop work and suffer losses will definitely be Saudi Arabia itself.
"Your plan is very good. If Husky participates in the strike in Saudi Arabia, oil prices will definitely rise sharply, and Mobil will be in a very embarrassing situation.
Its conspiracy to suppress global energy companies will be shattered in an instant! "
Lindgren said with burning eyes:
"As long as Mobil changes its strategy and raises prices, its big brother's dignity will be gone!"
Other oil companies dared not say anything about it, and many of them were losing money and following price cuts. Now that Husky is slapping Mobil in the face, it is undoubtedly a good start.
And the suspension of sales does not mean the suspension of production. Selling the oil reserves at high prices is also in Husky's fundamental interests.
When the time comes, Mobil, which has no inventory, will be in a very disadvantageous position.
"A very good plan, I believe the board of directors will agree to this action."
Lindgren was greatly encouraged, and he muttered casually:
"If other giants also stop selling, then this plan will be the most perfect, but it's a pity..."
Robert touched his chin. Lindgren obviously did not know the control power of the board of directors. You must know that Boss Wang also has large shares in Royal Shell Oil Company and Eagle Country Oil Company.
Although he is not the controlling party, he still has some say.
"The shareholders on the board of directors are not limited to Husky. Just wait and see the good show."
Hearing this, Lindgren was slightly surprised. He knew the power of Cayman's board of directors. Could it be that the shareholders on the board of directors could really control those oil giants?
The answer is certainly yes.
Wang Lei thinks Lindgren's idea is really good. Being forced to be beaten all the time in a business war is not his style.
If Lindgren's premeditation is really successful, it will definitely put Mobil in a very embarrassing position.
"The people of the beautiful country have been arrogant for a long time. They are so arrogant that they think they can dominate the entire oil market. Let them see who is the real energy leader."
But if he wants to make Royal Shell and Eagle Country Petroleum Company obedient, he will also need the help of Princess Windis of Eagle Country.
Windis actually didn't understand business investment. She used to rely more on Catherine's help to manage her assets and save a lot of private money.
Later, I met Wang Lei. This young rich woman also invested in Royal Shell and Eagle Country Oil Company.
Her status as a princess gives her a very important position on the board of directors.
"Wendis, actually I hope you will take the initiative to propose this plan.
The current situation of Shell and Eagle Country Oil is also very bad. If you propose it, it will definitely dispel the doubts of the board members. When the time comes, I will jump out to support you, and the board of directors will definitely pass the suspension plan! "
When the eldest brother and the second eldest brother engage in a price war, it is often the third eldest son and some small giants who die.
Looking at the decline in profits, the shareholders of Shell and Eagle National Petroleum are the most anxious.
After hearing Wang Lei's request, Wendys readily agreed.
"If Saudi Arabia really announces a shutdown of production, I will initiate this proposal on the board of directors as soon as possible."