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:
And that helps explain why OPEC continues to struggle to keep its members in order and maintain a public production quota.
And here's where the "foregone conclusion" looks a little less foregone, primarily because both OPEC and non-member countries, such as Mexico and Norway, have shown restraint in the face of rising prices.
The Times explains that having non-OPEC countries like Mexico on board is important because in the past OPEC production cuts have often been met with non-OPEC production surges.
It may not be the greatest comeback in business history, but the re-ascendance of OPEC is certainly one of the more surprising turnarounds in recent memory.
The raise in prices are a result of last March's OPEC production cut, and diminished domestic stockpiles of heating oil, brought about by milder winters and stricter regulations on storage facilities.