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Definition of Oil cartel
1. Noun. A cartel of companies or nations formed to control the production and distribution of oil.
Generic synonyms: Cartel, Combine, Corporate Trust, Trust
Lexicographical Neighbors of Oil Cartel
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, ..."