Some financial firms that trade 24 hours had staff on duty, with executives of these firms closely monitoring the movements of financial products.

Only... the crude oil futures fund of Zhao Group not only closed for the day, but also locked all access permissions.

The main reason they dared to do this was because their responsibilities and mindset differed from ordinary companies.

General financial companies, which cater to the public and clients, have very high demands regarding profit and risk.

However, this fund company was actually Zhao Qingtian's private treasury, without performance pressure, and it had scientific and sound financial mathematical models, making the risk very low.

Over the years, they had not incurred significant losses.

Even if crude oil futures crashed in their hands, it would simply be a matter of buying them and transporting them back to the Mainland, allowing Zhao Group to pay the bill at market price or slightly higher.

That was no problem at all.

Therefore, with such insurance in place, they were even more lax.

But the most tragic part about humanity is, every time a disaster strikes, it's only in hindsight that one realizes... all past experience is useless in the face of unexpected events.

After 20:00, it was the start of nightlife in Hong Kong and the Mainland, while it was just past midnight in the magnesium country.

At 21:00, 22:00, various departments and companies in the magnesium country started their workday.

At 22:30, the Energy Information Administration of the magnesium country held an emergency press conference, disclosing a series of data.

According to their disclosed data, the inventory of crude oil in the magnesium country increased by over 30 million barrels from the previous week, with the non-strategic oil reserves seeing a positive growth for 20 consecutive weeks, reaching new highs.

In contrast, the occupancy rate of oil storage facilities kept climbing.

It had surged from a trough of 23% to now 67%, showing significant storage pressure.

And due to the current global turmoil and the decline in oil usage caused by the domestic economic downturn.

They predicted that the storage pressure of crude oil might continue to rise, likely reaching a pressure alert line of over 95% in about 10-15 days.

Hence, they issued a warning, advising all parties to coordinate their storage as early as possible, or to forgo buying crude oil futures.

Meanwhile, as the magnesium country's Energy Information Administration sent out its warning, the magnesium country oil exchange also issued a similar alert.

In the warning, the exchange reminded all traders that in another 10 days, it would be the crude oil delivery date for May. By then, those holding crude oil futures must ensure they have arranged the corresponding storage for delivery.

Following these two pieces of news, the crude oil futures market suddenly began to oscillate wildly.

The price of crude oil fluctuated, seeming a bit unstable.

It was at this moment that Yang Nuan Nuan, who had already obtained the "operation details" from Chen Yan, did not hesitate to start selling the large amount of crude oil futures she held.

And perhaps because this time the goal was to trap Zhao Qingtian, she sold without regard to cost, giving no chance to anyone else.

After Chen Yan verified the feasibility of the plan with "Xiao Ha's Instant Camera", he had arranged for Yang Nuan Nuan to establish a solid starting position.

During this time, he held at least tens of billions in crude oil futures.

Thus, when such a massive number of short positions appeared, the entire crude oil futures market plummeted in a straight line.

The market is blind.

Given such a big bearish factor, and with Chen Yan also dumping shares, many traders began to flee.

Short positions piled up, and the price of crude oil futures plummeted like a waterfall.

It fell from the 20s straight down to the teens.

And it didn't end there.

Whether today was the doomsday for crude oil futures or not, following the successive statements from both the magnesium country's Energy Information Administration and the exchange, the storage providers also opportunistically raised their rental prices.

The increase was not much, just about twice the price of the oil itself.

Some people did the math and found that, based on the rental fees from various storage providers, the price of this batch of crude oil was becoming astronomically high.

As soon as this news broke, it wasn't just individual investors and small financial firms that were likely unable to deliver physical crude oil started to flee, but also large companies engaged in legitimate crude oil futures business began to think about running for the exits.

After all, the rental cost was now insane, more expensive than the oil price itself.

If they continued to hold this batch of futures, they would face catastrophic losses.

Better to let go now, and cut their losses!

So, as large companies also joined the bearish side of crude oil futures, the global oil price truly could no longer hold on.

Previously fallen from the 20s to around 10, the crude oil futures dropped yet again.

To 8 dollars, 6 dollars, 4 dollars...

As the price of crude oil futures continued to sink.

A shocking event occurred that dumbfounded everyone around the world.

Crude oil futures had actually... fallen through the floor!

It wasn't a halt; they had plummeted into negative numbers!

At that moment, everyone who was watching crude oil futures stood agape.

This even included Chen Yan and Yang Nuan Nuan.

After all, the cash-out plan Chen Yan had received was merely to short sell when the price was above 20, then buy in around 2 dollars.

However, since Chen Yan wasn't after money this time but information, he was prepared for his own billions to go down the drain as long he could bring Zhao Qingtian's tens of billions down with him.

Thus, the plan he gave to Yang Nuan Nuan was simple: Don't worry about the price, just keep smashing it down.

As a result, it now... crashed through.

And it still wasn't over.

After falling into negative numbers, there was an evident stall in the price of crude oil futures.

At this moment, many believed it was an opportunity to enter the market and take a gamble.

After all, acquiring crude oil futures worth nothing is, rounding up, essentially like getting a batch of free oil in May!

This was indeed very tempting.

So many bulls joined this gamble.

But, as it turned out, there are many smart people in the world.

After careful calculation, global financial firms were shocked to find that even if crude oil futures were free, giving

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