Super Invincible Battleship -
Chapter 1266
Chapter 1266: Chapter 500: Super High Profit Chapter 1266: Chapter 500: Super High Profit When Yan Fei just told Lu Pingping about the Middle East oil being on the verge of depletion, Lu Pingping was shocked because, under normal circumstances, the Middle East oil should have been extractable for at least another fifty years, and it was not likely to suddenly run out. However, considering the information was conveyed by Yan Fei and recalling the series of unbelievable events that had occurred to Yan Fei beforehand, Lu Pingping chose to believe Yan Fei's intelligence.
Armed with Yan Fei's advance notice and holding a substantial amount of cash from Dream Island, Lu Pingpong began positioning in the World Oil Futures Market unnoticed.
Originally, Lu Pingping was somewhat worried about the disappearance of Middle East oil, but when Middle Eastern countries truly could not extract oil anymore, she immediately worshipped Yan Fei's capability. During her earlier preparations, Dream Island had taken advantage of the low oil futures prices to buy a massive amount of oil contracts and had also released a large number of oil futures contracts to the public. So when the world actually entered an oil crisis, Lu Pingping quickly directed public opinion, soon pushing the price of oil futures above 200 US dollars per barrel, bearing in mind that Lu Pingping's previous purchase price averaged only a mere 55 dollars/barrel.
Dream Island seized the initiative and naturally took the biggest piece of cake in the global oil market, earning a super profit. While the international Capital led by The United States of America's financial capital was briefly stunned, they soon caught up and also joined the battle for oil futures. Unfortunately, they started too late and could only pick up what Dream Island had left behind. However, they were not in a hurry. The complete disappearance of Middle East oil was a fact. Although they were late to realize it, their experience and substantial funds assured them they could gorge at this feast.
Quickly time passed another month, after repeated studies of the underground conditions in the Middle East, experts finally confirmed that the entire region's oil had disappeared due to reasons that were still unclear and they would never reappear. Their detection equipment couldn't reach the depths of 6500 meters underground, so they could not detect the huge Underground Space at 6500 meters deep. Naturally, they could not ascertain the real reason for the disappearance of the entire Middle East's oil and could only announce a very vague conclusion.
The entire Middle East region had over 100 billion tons of proven Oil Reserves, and the unexplored underground oil was certainly not few, accounting for about half of the world's oil reserves. Now, half of the world's oil reserves had disappeared, not only causing a huge impact on the global oil market but also becoming a baffling mystery for the scientific community. Because no one knew why they had disappeared and where they had gone…
This bad news, once disclosed, was akin to detonating a nuclear bomb in the oil market. Therefore, an unprecedented surge in prices occurred immediately on the oil futures market. However, the real manipulators behind this super trend were not Dream Island, but the international Capital Big Crocodile led by The United States of America's financial capital.
In the view of the international financial Capital Big Crocodile, the sudden disappearance of Middle East oil was an excellent opportunity. By promulgating a global panic about oil shortages, they could inflate the oil futures prices to unimaginable heights. Hence, after their speculation, they began buying up the oil futures contracts that Dream Island had released, confident that despite their late entry, they would earn the most.
Once Lu Pingping gradually sold all the oil futures contracts held by Dream Island, the price of oil futures astonishingly rose to 380 dollars/barrel. Dream Island's average cost for oil futures contracts was only 55 dollars, and they had released 8 billion barrels of oil futures, with an average selling price of 350 dollars. Dream Island, by just dabbling in the market manipulation this time, yielded a net profit of a staggering 2.36 trillion US dollars, a super windfall.
Just then, a geographer involved in investigating the disappearance of the oil made a stunning discovery. He noticed that there had been an earthquake at the base in Kuwait over a month ago, and though the quake was minor, only measuring 2.5 on the Richter scale, he quickly employed his imagination. It was possible that this earthquake had caused substantial damage to the entire subterranean structure of the Middle East. If a hard rock layer in the entire Middle East's underground had cracked due to this earthquake, creating huge fissures, then it was likely that the entire Middle East's oil had flowed into Earth's core through these rock fractures.
To prove his point, this geographer analyzed the Terrain data of the entire Middle East region and somehow deduced that there was a massive rock fracture zone underneath Kuwait. This rock fracture zone had been cracked by the earthquake, and now the entire Middle East's oil was seeping down along this fracture zone.
However, the rock fracture zone was located deep underground, unreachable by anyone. Therefore, no one knew what was beneath the rock fractures. If the entire Middle East's oil flowed unimpeded into the Earth's core's magma layer through the fracture zone, then this oil could ignite violently, possibly even exploding. At that point, a variety of enormous disasters could occur in the Middle East at any time. Even if a super massive earthquake of more than ten on the Richter scale happened, the complete destruction of the entire Middle East was possible…
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