City: Shenhao International Investment Bank!
14 . Oil futures prices fall below warning

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"Ms. Lu Weiwei, no one has gone to work yet. You can rest here for a while until nine o'clock.”

"If you want to drink coffee and tea, make it yourself!”

"No photos are allowed outside the hall.”

"Monitor all aspects and pay attention to your image. Here's the employee handbook and the introduction to the benefits.”

"Stay to the side and don't move around!”

Jiang Yi brought Lu Weiwei in very vigilantly and strictly explained the precautions. This was the rule of the [Security Manual].

Lu Weiwei complained to herself,"

"It's still nine o'clock. It's too early…"

"Speaking of which, this security guard's attitude is really bad!”

She didn't understand why a mere security guard had to guard against her like a thief. They would be colleagues in the future.

However, newcomers had no right to talk nonsense.

Lu Weiwei nodded politely."

"Alright, I'll sit down for a while. Thank you!”

She was cautious, obedient, low-key, and obedient. She was strictly careful not to offend her old employees.

She had specially learned the rules of the workplace!

He had come early in hopes of gaining an advantage.

After Jiang Yi left, she sat on the sofa alone and looked at the luxurious decoration, furniture, and furnishings in the hall.

He was secretly amazed. Wasn't this too extravagant?

"Italy imported Ci asamilan o series."

" 100-inch LCD TV, Kartell, Bakers', the world's best furniture, coffee machine is also the most high-end…"

"Oh my god, Jamaica Blue Mountain coffee beans!”

"Pre-Ming Longjing tea, aged Pu 'er tea, Golden Eyebrow tea, all of them are the best tea leaves.”

Lu Weiwei could not help but want to post it on WeChat.

However, after thinking about it carefully, he decided not to.

What if his score was lowered?

She was good at imagining things and was very cautious. She sat on the sofa obediently and waited while reading the employee handbook seriously.

Soon, a foreigner and a young man came to work at the bank. They were Alfred and Zhang Wei.

The two of them left after saying goodbye to her.

More and more people came to the bank.

Li Shuhua, Jiang Zhentian, Li Shuzhen, Jiang Yan, Liu Hongtao, and Jiang Zhenshan greeted Lu Weiwei.

Jiang Feng finally arrived punctually at nine o'clock!

Lu Weiwei's eyes lit up and she waved her hand."

"Good morning, Boss. I haven't seen you for a few years. You're getting more and more handsome. Please take care of me in the future ~"

Jiang Feng also looked at the school belle seriously.

She was even more beautiful now. She was in her prime, youthful, and beautiful. She was a little more mature than before, and her face was slightly powdered.

Long hair draped over her shoulders. She was wearing a long white dress, high heels, and a beige sun hat. Her matching was reasonable and she had a good aura.

He could not help but nod and praise with a smile,"

"Old classmate, you're the one who's prettier!”

"It's a bit of a waste to be a financial mathematician.”

"How about this, you go to the technical department first and learn financial analysis from Alfredo, starting with the Statist.”

"In the future, I'll continue to improve when I have experience.”

He drew a big pie without hesitation.

"Yes, boss. What should I do then?" Lu Weiwei said happily. Is there anything I need to pay attention to?"

"Don't worry, Alfredo will teach you!”

Jiang Feng sent her directly to the technical department.

He learned about the banking system from Alfredo.

He wasn't too concerned about the small problems of a mere financial mathematician. He returned to his office and continued working.

1. Purchasing Business Cars

2. Invitation to bid for uniforms

3. Staff Recruitment Plan

4. employee training plan

5. Research on investment projects

6. Bank Opening Ceremony

7. Attend the UnionPay Conference

8. Receiving safety equipment

"Other jobs don't matter, but I have to think of a way to earn some money first! What project should I invest in?"

Jiang Feng checked the system's evaluation support.

[Gold Price: Stable Rise]

[Silver Price: Rising steadily]

International exchange rate: stable fluctuation

Oil futures: Long-term decline (negative warning)

Chip Technology: Fluctuation Rising

5G-Communication: Stable Growth

Air Transport: Stable Decline

domestic housing prices: stable rebound

European and American housing prices: continued weakness

"Hmm? Oil prices fell? Falling? Could something like futures fall to a negative number? You must be joking!"

Jiang Feng was flabbergasted. He did not believe it at all. He shook his head with a face full of doubt and scoffed.

The futures could be delivered and withdrawn.

How could the price of crude oil fall to a negative number?

However, the system reminded him with certainty.

It was normal for the futures price to fall. The futures price on the delivery date was likely to fall sharply.

Most people will close their positions in advance

Future contracts are long-term contracts, and the hype is serious. At present, the world's crude oil production capacity is overcapacity, and the situation is complicated.

WTI-crude oil may fall extremely high

More than 92.58% may plummet

More than 85.33% may fall below

Please pay attention, Sir Players.

Jiang Feng was dumbfounded. Although he had never been to university, he often went online to study.

He had a good understanding of futures and stocks, but he could not understand why there would be a "negative" price. It was too strange…

He quickly checked [Future]'s introduction.

A futures contract was a type of forward contract. It was a contract that agreed to trade at a certain time in the future. One could go short and go long.

The WTi(West Texas Intermediate) futures delivery date was around the 20th of each month and must be delivered when it was due.

If they didn't deliver, the exchange would force them to close their positions.

Even if the futures price was negative at this time.

It was entirely possible for a negative price to appear!

You want to withdraw crude oil? Yes, large-scale crude oil products need to be stored in a warehouse. You have to find a warehouse.

At present, the world's oil depots were already full!

It was impossible to move out too much production capacity.

It was also not allowed to be dumped. It was poisonous, and the time it took to fall below the negative number was very short. It was impossible to withdraw cash at all.

Before the transaction was completed, it had already been closed…

After all, if the price was negative, he needed to make up the deposit. If he could not make up the deposit within the specified time, he would have to pay up.

The exchange could legally force the position to be closed!

In short, it was absolutely normal for it to fall to a negative number.

Although it had not appeared for decades…

"WTi, Brent crude oil, these two crude oil may fall sharply? Okay, then let's go short!"

Jiang Feng excitedly prepared to go short.

Short selling was the opposite of normal trading. He agreed to buy it back at a certain time in the future.

He 'borrowed' the contract in advance to sell it.

When the time came, he would buy it back and return it to her.

The leverage of crude oil futures was very high!

Twenty, thirty times, fifty times, it was a piece of cake. The exchange allowed it, but the risk of " forced closing " was too high.

If he was not careful, he would lose everything!

Jiang Feng did not need any leverage.

He could just directly invest in a large-scale short sale.

"Invest 10 billion USD first to test the waters!”

.

This book comes from:m.funovel.com。

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