Words similar to opec

Example sentences for: opec

How can you use “opec” in a sentence? Here are some example sentences to help you improve your vocabulary:

According to the Journal piece, the main reason oil prices have spiked to $25 a barrel--the highest in nearly 10 years--is that there's been more compliance than usual with OPEC's current effort to cut production.
In part, that's simply because OPEC has proved incapable of successfully restricting its output.
Such words can also be termed proper names or proper nouns, though these more general terms may also include titles ( The Times, Gone With The Wind ), nationalities ( the Japanese, Russians ), ethnic or religious groups ( Arabs, Jews ), languages ( English, Swahili ), buildings ( the Central Station, Durham Cathedral ), and organizations ( OPEC, the United Nations ).
Instead of a tightly disciplined cartel administering prices to a supine world market, OPEC more closely resembles a fractious trade association struggling to bring supply in line with demand even as its efforts are sabotaged by its own members.
At the same time, OPEC has had an impossible time dealing with its non-member competitors, who were prone to flood the market at any time.