Mediterranean Hegemony Road

Vol 5 Chapter 151: Oil prices have risen

The international crude oil price has soared, and the most affected is the logistics industry. It was not easy to ban the carriage with a car. I thought I could make good money. As a result, the cost of oil increased sharply because of rising oil prices.

Trucks these days are not cheap, they are tens of thousands of levs, and even higher. Such a large cost has been invested. What can we do besides gritting our teeth?

Want to quit? late!

Originally the logistics industry had just risen. It was the golden age. As a result, the price of oil rose and the golden age directly passed to the black iron age.

The first to be affected was Belgium. As one of the most developed small countries in Europe, in order to improve efficiency, the transport revolution broke out in Belgium after World War I.

"Luke, ask why the price of oil has risen again. In less than three months, the price of diesel has doubled. Isn't this life-threatening?" A middle-aged man said angrily

"Dear Mr. Ham, the fuel company has called today to explain that international crude oil prices have risen and they have to follow the price increase.

It is said that this time it was because of the outbreak of the Mexican Civil War that the local crude oil output was greatly reduced! "Luke explained

"Hell, why are there so many bad things, first the oil fields in Sumatra were bombed by the rebels, and then the oil pipelines in Iraq were damaged. Now is it Mexico's turn?

Contact the fuel company. We want to book 10,000 tons of diesel and ask them if the price can be reduced! "Ham frowned.

If he doesn't know yet, someone is manipulating the price of oil, he will not be a Belgian transport giant.

Knowing and knowing, but he is still powerless, can't expect the Belgian government to intervene in international crude oil prices, right? Who would buy their bill?

Since your arms can't twist your thighs, it is better to stock up a batch of fuel in advance, and now it is late to start.

"Okay, Mr. Ham!" Luke answered without hesitation.

"Mr. Ham, do we want to raise some freight? According to the current situation, we basically have no profit!"

"Well, James, let's talk to your customers and explain why. It's not that we want to raise prices. This is because the price of oil has gone up, and we have no choice!

For the time being, the freight rate will increase by 35%. If the price of oil continues to rise, then we will also increase the price! "Ham said after thinking about it

"Okay, Mr. Ham!" James replied

Ham's transportation company is not small. It has more than a hundred cars, all of which are oil tigers. If it runs up to a dozen tons of fuel every day, it will accumulate over time.

According to the current Belgian refined oil price calculation, 321 levs per ton of fuel oil will cost 5,000 to 5,000 levs per day.

One month is the cost of more than 100,000 levs, which is the largest cost of the logistics industry.

The increase in fuel prices has the greatest impact on the logistics industry, not only in automobile transportation, including shipping.

In the past few years, the price of oil continued to fall. Everyone consciously eliminated the steam engine and switched to burning oil instead of burning coal.

At this time, the rise in oil prices has been fully affected by the transportation industry and is still spreading to all walks of life.

The large increase in costs will inevitably cause prices to rise, but now there is oversupply. Products that have risen in price have lost their competitiveness, and high costs that do not increase prices will bring down companies.

Don't expect everyone to collectively increase prices, because at the same time price increases are useless, consumers have no money and can't afford high-priced goods.

If it is a smart person, the best way is to immediately reduce production and cash out as much as possible. This is the biggest drawback of the real industry and it is too affected by the market environment.

In this case, most people can only stay dead. Everyone is holding a fluke. The price increase is only temporary. When the crude oil returns to normal, everything will return to the right track.

It can be said that Ferdinand has troubled this economic crisis with one hand, and the hidden dangers have been buried. Now, just waiting for a fire in the stock market will explode all this.

Once the stock market plummets, and the banking industry is too busy taking care of itself, companies will naturally not be able to continue to obtain loans from banks, and the capital chain will break, making it difficult to fail.

At this time, the major powers are okay, and the foundation is deep. At this time, the consortium will come out and merge the enterprise factory.

These are minor issues, no matter who the owners of these companies are, as long as they can survive.

High-quality enterprises were merged, low-quality enterprises were eliminated, and relying on the colonial market support, they were eliminated.

This is why, after the economic crisis broke out in the history books, the Germans chose to go to war, and the Americans supported the war behind the scenes, but the British and French who also suffered from the economic crisis quickly got rid of the crisis.

"Your Majesty, international crude oil prices have continued to rise, and domestic fuel prices have also risen sharply. I am afraid that a new crisis is coming soon!" Finance Minister Kennedy said worriedly

You know, if you want to do a full set of drama, even if you want to be a look, it must be true.

The oil field in Sumatra was indeed bombed, as evidenced by photos taken by reporters. The oil pipeline in Iraq is indeed broken. Didn't you see that it is now being "overhauled"?

In short, the current international crude oil production has fallen by 10%, and oil companies have suffered heavy losses. Therefore, the price of oil has doubled.

"Well, this is inevitable. The current economy is not normal. Now that the price of fuel has risen, it can only be regarded as a catalyst.

The domestic impact should not be too great. As the world's largest exporter of fuel oil, should we be regarded as a profiter? Ferdinand asked with concern

"Domestic oil prices have also risen sharply, but our oil prices would have been lower than abroad. Enterprises still have an advantage in production costs!" Kennedy thought for a while and said

Sure enough, the big oil-producing countries are the most suitable for playing industries, and the inherent cost is much lower. If there is such a big advantage and no results can be achieved, then it is really incurable.

Regardless of Ferdinand's willingness, the oil industry has become a pillar industry in Bulgaria. In addition to the production of crude oil, the one-to-one refineries have created the brilliance of the Bulgarian petroleum industry.

Ferdinand is not a Middle Eastern tyrant. It is enough to sell crude oil. In fact, Bulgaria bans the export of raw materials. Crude oil is no exception. To export, you must first process it.

In this way, the oil industry ca n’t be done without wanting to burst. It can be said that as long as Bulgaria does not export fuel for a day, the European economy will have to fight.

"Judge according to the actual situation, if the impact is too great, the tax refund for the transportation industry!" Ferdinand thought and said

"Yes, Your Majesty!" Kennedy answered.

Anyway, the higher the oil price rises, the more Bulgarian fiscal revenue increases, and the problem of curbing the rise in oil prices has never been a concern for oil producing countries.

Even if international oil prices rise to the sky, Bulgaria is also the biggest beneficiary, which is far more beneficial than future Americans in controlling oil prices.

If the price of oil can rise and defeat some competitors and hinder the industrial development of various countries ~ www.novelmtl.com ~, it would be the best.

"Your Majesty, the League of Nations has finally reached an agreement on the debt of the Russians. Western Russia will bear 58% of the debt. Nicholas II is estimated to be jumped off!" Megev said gloatingly.

"Oh, it looks like we need to prepare money. I'm afraid it won't be long before Nicholas II sells Ukraine!" Ferdinand smiled and said

"Your Majesty, how is this possible? But the representatives of Western Russia and Russia made a guarantee in the League of Nations that they would never sell Ukraine, otherwise they would not let them pass?" Metev asked in confusion.

"Eighty-eight percent of the debt, that is to say, West Russia has to bear at least 1.75 billion pounds of foreign debt. The interest-free loans due this year alone amount to 120 million. Are their financial income sufficient?

There are also debts due in the previous two years. Unfortunately, once these interest-free loans are overdue and cannot be repaid, they become interest-bearing loans.

Even if the economy is to be restored, it will not be possible in the economic crisis?

Then you can only bargain, the economic crisis breaks out, and everyone's life is not easy, and it is impossible for countries to make concessions on debt at this time.

If they don't want to be overwhelmed by debt, they must abandon the pawns and protect them!

The credibility of the current Western Russian government is their last pillar, and Nicholas II dare not rely on his account! Ferdinand said with a sigh

Seeing that the plan was about to be successful, Ferdinand was not happy at the last moment, but had an indescribable feeling.

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