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- Deterding was able to achieve a logistical superiority in the region and due to this fact undercut the prices of Standard Oil. After a long price war, Shell and Standard Oil finally shared the Chinese market from 1911. Deterding now bought every oil well on American soil that he could get.
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Deterding now bought every oil well on American soil that he could get. Since the Standard Oil Company didn’t care about the sources until then, there was a lot to buy there. The shell Cie. then produced up to forty percent of their oil from the soil of the United States.
Jan 1, 2003 · 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...
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.
May 24, 2016 · Peter B. Doran. 4.16. 623 ratings72 reviews. The incredible tale of how ambitious oil rivals Marcus Samuel, Jr., and Henri Deterding joined forces to topple the Standard Oil empire. Marcus Samuel, Jr., is an unorthodox Jewish merchant trader. Henri Deterding is a take-no-prisoners oilman.
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Sir Henri Deterding, who was spending the winter at his villa near Suvretta, at St. Moritz, died suddenly on Saturday from angina pectoris, telegraphs our Geneva Correspondent. His death is causing great grief at St. Moritz, where his generosity and kindness had made him very popular. By his death the international oil industry loses one of its ...
He became known as 'the Napoleon of Oil'. Deterding was largely responsible for developing the tanker fleet that enabled Royal Dutch to compete with the Shell company of Marcus Samuel and eventually take it ovrr. He also was involved in acquisitions, including the purchase of Azerbaijan oil fields from the Rothschild family (1911).
Powerful Henri Deterding, Who Rivals Standard Oil; A Left-Wing Historian Surveys the Life and Activities of The Petroleum Baron THE MOST POWERFUL MAN IN THE WORLD: The Life of Sir Henri Deterding ...
