oil cartel

Noun

Meaning

a cartel of companies or nations formed to control the production and distribution of oil

Source: WordNet

Hypernyms

trust combine cartel corporate trust

Hyponyms

OPEC Organization of Petroleum-Exporting Countries

Examples

People really feel that, when they go to the gas pump now, that the oil cartel is holding them by the legs and tipping them upside down and shaking money out of their pockets. Ed Markey

Close letter words and terms

oil burner oil burner route oil business oil catastrophe oil catcher oil change