oil cartel

Noun
  1. A cartel of companies or nations formed to control the production and distribution of oil (synset 108254620)
    is a type of: cartel, combine, corporate trust, trust - a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
    subtypes: opec, organization of petroleum-exporting countries - an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum

Other Searches