Others don’t know the upward trend of international crude oil prices in the next ten years, but Yang Jing is clear in his heart.

After entering the new century, the international crude oil market, which had been silent for twenty years, finally ushered in a huge bull market. Due to the influence of the Bush administration's actions on Iraq, international crude oil prices have soared since the beginning of the year 2003.

At the beginning of this year, international crude oil prices once again exceeded US$30 per barrel, and then, they will not look back in the next five or six years!

In September 2004, affected by the Iraq War, international crude oil prices once again exceeded US$40 per barrel, and then continued to rise, breaking through US$50 per barrel for the first time.

In June 2005, international crude oil prices exceeded US$60 per barrel for the first time and accelerated their progress.

In August 2005, Mexico encountered Hurricane Katrina, and international crude oil prices exceeded US$70 per barrel for the first time.

On September 12, 2007, the international crude oil price exceeded US$80 per barrel for the first time, and then continued to accelerate its appearance.

On October 18, 2007, the international crude oil price exceeded US$90 per barrel for the first time, and reached US$100 per barrel by the end of the year!

International crude oil prices soared sharply in 2008. On July 14 of the year, crude oil futures prices on the New York Mercantile Exchange hit a historical high of US$147.27 per barrel.

This is a stage where international crude oil soared in more than six years from 2003 to 2008. In these six years, international crude oil prices have almost increased by five times!

However, after experiencing the highest point of international crude oil prices, the US subprime mortgage crisis triggered a global financial crisis, and the high-energy negative news in the international crude oil market was completely ignited, and international crude oil prices came to a gorgeous high platform dive in just half a year.

On January 21, 2009, the price of crude oil futures on the New York Mercantile Exchange fell to $33.20!

This is a drastic change in international crude oil prices over six or seven years after entering the first decade of the new century.

In fact, judging from the changes in international oil prices at this stage, the rise in the past six years has gone through two stages. In summary, it is a steady rise in the early stage and a "crazy roller coaster" in the later stage.

Judging from the time changes and oil price changes, the price of US$80 per barrel is actually a relatively reasonable price. The price of oil between US$50 and US$80 per barrel is the rational range of international oil prices.

However, since November 2007, due to the influence of OPEC's decision to cut production, coupled with the rapid growth of the global economy at that time, China's crude oil demand was strong, which led to the prosperity of international crude oil bulls. Especially at that time, the Federal Reserve cut interest rates sharply and the depreciation of the US dollar led to significant speculation sentiment by speculators.

The sharp increase in demand in China and OPEC's decision to cut production led to huge positive effects on both supply and demand. In addition, the Federal Reserve's sharp interest rate cuts and the US dollar depreciates. The powerful international hot money naturally targeted the international crude oil market, causing oil prices to rise to an incredible $147!

But the prosperity will decline. As for the economy around the world at that time, it was impossible to bear such high crude oil prices. Especially in October 2008, the global financial crisis caused by the US subprime mortgage crisis swept across Europe and the United States, and eventually triggered a huge high-energy negative force. Oil prices fell to $33.2 per barrel in just half a year as a high platform dive.

Of course, during this period, countless high-rise buildings in Europe and the United States also fell on the famous bridges of famous bridges...

However, the decline in oil prices to the lowest point is not the final result. After this violent ups and downs, as the Federal Reserve's QE1-QE3 firepower was fully opened, the US dollar exchange rate was obviously low, and the support for oil prices began to become strong. At the same time, concerns about tightening supply emerged unconsciously. For example, OPEC continued to restrict production for the sake of interests, the war in Libya in 2011 and the Iranian oil embargo in 2012, and international oil prices returned to the road to high again.

Especially since the second quarter of 2009, the global economy gradually got rid of the haze of the financial crisis, oil prices began to rise again, and stabilized at a high range of US$90-120 per barrel from 2011 to the first half of 2014.

However, as the Federal Reserve is about to end QE in October 2014, the eurozone QE will be launched in 2015, and Saudi Arabia and OPEC insist on not reducing production, resulting in abundant supply and weak demand. So starting in July 2014, bulls fled in a hurry, and traders' bearish sentiment continued to increase.

Under such circumstances, international oil prices have experienced another gorgeous high-level dive. From July 2014 to January 2015, the asking price fell below the 50 USD per barrel again in half a year...

In other words, this oil market, which has a twelve-year wave, can actually be divided into four stages.

The first stage is from the beginning of 2003 to July 2008. Atlantic capital controlled by Niam can go long with all its might. Although oil prices have also fluctuated, especially from the end of 2006 to the beginning of February 2007, oil prices plummeted by $20, but as long as they are controlled properly, this stage can be avoided.

But in general, the crazy rise in international oil prices at this stage, as long as the operation is done well, the Dragon Fund will gain a huge profit margin.

Yang Jing admitted that the Dragon Fund under his name is not a good bird. To put it strictly, Soros' Quantum Fund and Robertson's Tiger Fund are pure in front of the Dragon Fund as if they were a virgin...

Compared with the Dragon Fund, which has been professionally speculating for more than 20 years, the infamous quantum funds are really nothing. It’s just that we can hide it. All the things that the Dragon Fund has done over the years have been completely concealed by an "international hot money".

This is the same this time!

Therefore, since the Dragon Fund has targeted international crude oil, it will definitely not miss the opportunity of the two surges and plummeting international oil prices in the past decade. Moreover, Yang Jing is also very clear that there will be no such store after passing this village - in the original time and space, international oil prices have been completely silent for several years after this wave of market...

Therefore, the Dragon Fund must seize this rare opportunity, and it is also the last chance before Yang Jing completely took over the Dragon Fund!

Dragon Fund will start to go long in this wave of market. After international oil prices rise to a high point, they will inevitably start to short with the backhand! Then, after international oil prices plummet to a low point, they will backhand with the backhand, and the last time they will inevitably short with the short again.

With such a positive and negative relationship, the Dragon Fund will make great profits in the international crude oil futures market.

This is how the Dragon Fund started when it started. When speculating on London Gold, it used this method of longing and shorting to make the Dragon Fund completely prosperous in just a few months. Now that I have encountered this market again, Dragon Fund naturally cannot let go!

All of this is transparent in Yang Jing's eyes. He comes from the future and naturally knows these market conditions clearly.

As for the life and death of other speculators and international hot money, it’s all my business! My Dragon Fund is the biggest speculator and international hot money!

I have a huge gold finger in my hand. If I don’t make good use of these four waves of market conditions, wouldn’t I be sorry to Bush and O’Hei Tan? Although you are also supported by me, friendship is friendship, money is money. And it is undeniable that in today’s era, most of the time, the importance of friendship is far less than the temptation and temptation of money!
Chapter completed!