Chapter 703 Oil Summit

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   Minamino Shuichi’s words made Mile Rothschild’s handsome face flush red, obviously being humiliated and speechless. Indeed, what the other party said was very right. He never expected that Carol would know the helm of the Nanye Consortium!

Carol next to him was very moved when he saw this situation. This time, he didn’t expect to be saved by his friends. He made a stern sarcasm on these so-called arrogant sons, and let the other party say no to a rebuttal. come out.

   In the name of an illegitimate child, he has been looked down upon all these years, and those so-called noble children don’t really want to be friends with him. This is also the reason why he fled to Hokkaido in the early years.

   But recently the cheap father called him back and he had to come back.

   As for the heir of the consortium, he has no part in it at all. He came back to help the family business.

   “Why are you still standing here stupidly? Could it be that you were called stupid by me? If you don’t hurry up, I’ll be annoyed when I see you.” Hide Minami sneered at Mile Rothschild.

  ”Humph~” In the end, the unlucky Maier Rothschild could only leave here with endless anger. Before leaving, he didn’t dare to breathe because he couldn’t raise his head in front of Minami Shuuichi.

   “Thank you Nanye.” Carol patted the other’s shoulder after seeing the **** leaving and said with emotion.

   “Hey, of course I have to humiliate my friend who dares to bully me. Well, I have the best experience in satirizing the rich second generation.” Minano Shuichi smiled.

   “Okay, but these people are really hateful. They are all arrogant because they are nobles, and they are a bunch of old stubborn! A bunch of guys who look down on others.” Carol complained.

“I know this. When I was in the island country, didn’t those so-called old nobles look down on me as a new noble? Now they don’t dare to look down on me. Because I abused them a lot, haha.” Nanye Xiuyi smiled slyly.

   “You are amazing~”

   A few days later, the oil summit officially started.

   This oil summit seems to be attended by the appearance of oil giant companies. But behind it are basically the figures of major consortiums.

   Such as Rothschild Consortium, Rothschild Consortium, Mellon Consortium, Citibank Consortium, Rockefeller Consortium, Max Consortium, Junkers Consortium, Mitsui Consortium, Sumitomo Consortium, Nanye Consortium, etc.

   But this time at the oil summit, the Junkers Foundation, the Mitsui Foundation, the Sumitomo Foundation, the Nanye Foundation and other consortia are not very involved, that is to say, there is no confidence. Because these consortiums have not a lot of oil resources.

   There are three consortiums with the strongest voice in the oil field at this oil summit, that is, the Mellon consortium, the Citibank consortium, and the Rockefeller consortium!

   These three consortiums have a lot of oil resources, and they have a huge advantage in this area.

   One of the important industrial pillars of the Mellon consortium is Haiwan Oil Company. It is one of the largest oil monopoly companies in the United States, and its main business includes oil exploration, refining, transportation and sales. Minano Shuichi guesses that the Mellon consortium will make a big move at this oil summit! Maybe it’s for the Persian Gulf.

   As for another Citibank consortium, it is also heavily involved in the oil industry, but its strength is inferior.

   Finally, it’s the Rockefeller Foundation!

  Based on the oil monopoly of the Rockefeller family, by continuously controlling financial institutions, the largest monopoly group of the US imperialists has extended its sphere of influence to the economy. In 1863, an oil refinery was opened in Cleveland. In 1870, based on the plant, the Ohio Standard (formerly Mobil) Oil Company was expanded to form the Ohio Standard Oil Company, which soon monopolized the oil industry of the United States, and invested in finance with its huge profits. Industry and manufacturing, the economic strength is developing rapidly. Total assets were only $6.6 billion in 1935, and rose to $82.6 billion in 1960!

   In other words, the Rockefeller Consortium is currently at least three times stronger than the Minami Consortium of Minami Shuichi. Don’t underestimate triple, triple can crush you.

  This family is definitely an oil label. Even the standard oil system of Mobil Oil is built by it. You can say how awesome it is. In 1920, it even controlled the Citibank consortium above it! That is, one consortium controls another consortium, which is enough to prove how terrifying its strength is.

  After the energy crisis in 1973, the OPEC countries launched a tit-for-tat struggle against the US imperial monopoly capital, which dealt a heavy blow to the Rockefeller consortium. The consortium has taken various measures to salvage this unfavorable situation. First participated in the development of oil in the U.S. Empire, striving for the lease rights of offshore oil fields in the domestic coastal areas, and obtained 1.3 million acres of oil lease land in Alaska and the central Atlantic coast in 1976. It also jointly developed the British North Sea oil field with the Anglo-Dutch Shell Oil Company. It also seeps into other relevant sectors of the energy industry. In addition, it also vigorously develops into the petrochemical industry.

  However, in the end, this ancient consortium went into decline.

   Since the 1980s, the economic strength of the Rockefeller consortium has been declining, and its status has also declined, which has been surpassed by the Morgan consortium. Mainly because of the mutual penetration of the US imperial consortium, the large enterprises belonging to the Rockefeller consortium such as Exxon Corporation and the big banks such as Chase Manhattan Bank have been penetrated by other consortia and become jointly controlled enterprises.

   But the decline is something after the 80s.

   It is only 1961, and the Rockefeller Consortium is at its most prosperous period. At this oil summit, it is completely the existence of the big brother, and the second child is the Mellon Consortium!

  Oil Summit officially started.

   The opening ceremony at the beginning was presided over by people from the Rockefeller Foundation.

   After the opening, there are some oil-related business transactions.

   For example, your company needs a lot of oil, my company exports oil, and my company imports oil. In any case, they need each other. If the conditions are negotiable, it’s ok!

   It is said that the oil summit is actually a mutual transaction in the vegetable market.

   However, it is much more convenient for all the oil giants to gather together to conduct trading business. It also brings many other business opportunities. Such as developing oil, refining oil, putting it on the market, etc.

   For example, company A likes a place and thinks that it has oil, but the funds are not enough, and plans to cooperate with another company. There is no problem as long as you can negotiate.

   Minano Shuichi also sold a lot of crude oil at this summit. He owns more than 20 oil fields and still has a little inventory.