Definition of Oil cartel

1. Noun. A cartel of companies or nations formed to control the production and distribution of oil.


Lexicographical Neighbors of Oil Cartel

oikumene
oikumenes
oil
oil-bearing
oil-canning
oil-fired
oil-hardened steel
oil-industry analyst
oil-water interface
oil bath
oil beetle
oil burner
oil burners
oil business
oil cake
oil cartel (current term)
oil change
oil color
oil company
oil conservation
oil cyst
oil embolism
oil field
oil fields
oil filter
oil furnace
oil future
oil geologist
oil gland
oil glands

Literary usage of Oil cartel

Below you will find example usage of this term as found in modern and/or classical literature:

1. OECD Economic Surveys Iceland Volume 2005/4 by OECD Staff (2005)
"The Competition Council issued a leniency rule in 2002, which has already been invoked in the oil cartel investigation. The police are pursuing the oil ..."

2. Helping Your Child Get Ready for School: With Activities for Children from by Nancy Paulu (1993)
"In the 1970's, the international oil cartel was perhaps the single most significant and successful example of anti-competitive ..."

3. State of the Petroleum Industry: Congressional Hearing edited by Frank H. Murkowski (2000)
"In the 1970's, the international oil cartel was perhaps the single most significant and successful example of anti-competitive conduct in history which ..."

4. Resource Politics in Sub-Saharan Africa by Matthias Basedau, Andreas Mehler (2005)
"... heretofore ruled by multinational corporate "robber barons" evolved into one manipulated by an "oil cartel", making billions in windfall revenues. ..."

5. State of the Nation: South Africa 20052006 by Sakhela Buhlungu (2006)
"... most African oil exporters (led by Algeria, Libya, Nigeria, Angola and Egypt) have chosen not to join the OPEC oil cartel; most of Africa's oil is high ..."

6. Turn of the Century: 2100 by Charlie Pedersen (2007)
"Now Charnel had an interesting post, wonderful Vienna, but also the headquarters of OEX, an oil cartel. So many power brokers came and went, ..."

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