From the Nobel Brothers to John D. Rockefeller, explore the history of the oil barons through stamps.

Published : Aug 09, 2023 18:39 IST - 5 MINS READ The global reliance on oil, often called “black gold”, has led to the rise of powerful corporations and wealthy individuals who have shaped history in many ways. Under Ludvig Nobel’s leadership, the oil enterprise experienced substantial growth, swiftly dominating the Russian oil market. Rockefeller’s subsequent endeavours in the oil industry culminated in the establishment of Standard Oil in 1870. Evolving into one of the world’s pioneering multinational corporations, Standard Oil’s cut-throat practices and unethical methods eventually prompted the US Supreme Court to order its breakup. Despite his skill in fostering commercial agreements, Gulbenkian displayed a deeply mistrustful and suspicious nature, famously remarking, “Oil friendships are very slippery.” Beyond his involvement in oil deals, Gulbenkian assembled a vast art collection comprising over 6000 pieces.