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Henri Deterding is a take-no-prisoners oilman. In 1889, John D. Rockefeller is at the peak of his power. Having annihilated all competition and possessing near-total domination of the market, even the U.S. government is wary of challenging the great “anaconda” of Standard Oil.
Henri Wilhelm August Deterding, KBE (19 April 1866 – 4 February 1939) was one of the first executives of the Royal Dutch Petroleum Company and was its general manager for 36 years, from 1900 to 1936, and was also chairman of the combined Royal Dutch/Shell oil company.
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He emphasizes that Deterding was the first in the industry to discover the "swing producer" formula: by controlling enough of the low-cost export market supply of oil, a producer could decisively balance supply and demand relative to competitors and therefore control price.
Jan 9, 2008 · In 1928, in order to stabilise the world oil market, Deterding negotiated the secret Achnacarry agreement with his main competitors in the USA, on the basis of the Dutch principle ‘co-operation means power’.
May 23, 2017 · Henri Deterding is a take-no-prisoners oilman. In 1889, John D. Rockefeller is at the peak of his power. Having annihilated all competition and possessing near-total domination of the market, even the U.S. government is wary of challenging the great “anaconda” of Standard Oil.
May 23, 2017 · Henri Deterding is a take-no-prisoners oilman. In 1889, John D. Rockefeller is at the peak of his power. Having annihilated all competition and possessing near-total domination of the...
Sir Henri Deterding, seventy-year-old head of the Royal Dutch Shell group, battler for the world’s oil market and unceasing, unyielding foe of Soviet Russia, the downfall of which he has ...
