Super Invincible Battleship
Chapter 1275

Chapter 1275: Chapter 503: Explosive News_2 Chapter 1275: Chapter 503: Explosive News_2 Yan Fei completely made this up, but as long as he did not publicly reveal Dream Island's underground oil warehouse, no one could refute the theory that oil could be produced underground on Dream Island.

The questioning from journalists resumed, and Lu Pingping casually selected a male journalist. The male journalist stood up and said, “Hello, Mr. Yan Fei! I am Ibrahim Mohammed from the Arab Daily. As everyone knows, the oil in the entire Middle East has just vanished, and then your Dream Island suddenly had so much oil, and the amount you discovered is almost equal to the amount that disappeared from the Middle East. Is it possible that our Middle Eastern oil was stolen to Dream Island?”

Yan Fei laughed heartily and said, “Dream Island and the Middle East are situated at opposite ends of the Earth. An earthquake in your Middle East region penetrated Earth's crust, allowing all the oil to flow to Earth's core and then through a fissure to the other side of Earth, which is beneath our Dream Island. This is the origin of our underground oil on Dream Island. Indeed, the oil is yours, but it was not stolen, it came by itself.”

Upon hearing Yan Fei's words, everyone was momentarily stunned, then burst out into laughter. They saw this as Yan Fei making a joke at the expense of the Middle Eastern journalist. Even if what Yan Fei said was indeed true, it seemed impossible for so much oil to pass through the scorching underground to reach Dream Island; it would have been ignited by the molten magma. Yan Fei likely spoke this way out of irritation with the question from this Middle Eastern person…

Seeing the laughing journalists below, Yan Fei sneered inwardly. He had disclosed the origin of Dream Island's oil, but the journalists clearly did not believe him and treated it as a joke. After his bout of self-mockery, he believed that nobody would associate Dream Island's oil with the vanished oil of the Middle East anymore.

The Middle Eastern journalist sat down awkwardly as questioning continued.

“Please, Mr. Yan Fei, how did you find and confirm that Dream Island has 200 billion tons of oil reserves?”

Yan Fei replied, “Dream Island possesses very advanced oil detection equipment, enabling us to discover the oil deep underground. As for the principles behind it, that falls under trade secrets, inconvenient to disclose publically.”

“Please, Mr. Yan Fei, with the massive oil shortage emerging worldwide, is Dream Island prepared to sell oil internationally?”

Yan Fei replied, “Of course, the purpose of producing products is to sell them. Dream Island's production of crude oil is vast, fulfilling the global demand for oil, so we welcome all interested buyers to come to Dream Island to negotiate.”

Due to the sudden disappearance of Middle Eastern oil, the world oil market experienced a vast deficit of up to 30%, leading countries in desperate need of oil to frantically purchase oil globally, causing World Oil Futures Market to soar in the short term. Now, with Dream Island officially announcing its intention to sell oil, and their production being extremely large, the global oil crisis would soon end, the inflated oil futures market would cool down, and oil prices would return to their original levels…

The journalists present understood the recent spike in the World Oil Futures Market. However, with Yan Fei's statement today, they believed that the days of high-stake international financial capitals holding positions were numbered.

“Please, Mr. Yan Fei, how is your oil pricing determined? Currently, oil futures have reached a high of 550 US dollars/barrel, already ten times higher than before. Will you continue to follow these high prices? Are you trying to profit from the disaster?”

Yan Fei seriously said, “Dream Island is a responsible enterprise; our wealth will be sourced from and used for the people. To quickly stabilize global oil prices and ease the economic burden of fuel on people worldwide, Dream Island plans to return to the pre-spike oil price as the standard for our sales. That is, the previous price of 50 US dollars/barrel.”

Everyone initially thought Yan Fei would capitalize on the current high oil prices to make a fortune, but unexpectedly, the price Dream Island set for selling oil was less than one-tenth of the current market price. Had they all misunderstood Yan Fei? Was Yan Fei actually a compassionate entrepreneur? This would satisfy ordinary consumers grappling with high oil prices, but put the financial capitals that had heavily entered the oil futures market in a tough spot.

“Please, Mr. Yan Fei, can you really fill the market gap created by the disappearance of all Middle Eastern crude oil?”

Yan Fei replied, “You can rest assured, as long as oil tankers come to Dream Island Port, they can fill up with oil and then return to their respective countries. Dream Island can completely meet the global demand for oil.”

“Please, Mr. Yan Fei, Dream Island's oil sales policy is bound to cause a sharp drop in the soaring oil futures prices. If those players seriously hurt in these oil futures trades become enraged and start attacking the oil tankers coming to Dream Island, does Dream Island have any contingency plans?”