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:

The history of OPEC, at least since the mid-1980s, has been one of massive cheating on the part of its members, who have regularly violated their production quotas in order to reap as much profit as possible.
In an earlier incarnation of this column, in fact, I argued that the combination of new oil-discovery and oil-recovery technology with the advent of the spot futures market in oil meant that the OPEC's glory days were long gone.
And instead of being the sole ruler of the world's oil fields, OPEC has watched its control of world prices disappear, as dramatic technological advances in exploration and production have made new oil reserves--largely controlled by Western companies--appear where there weren't any before.
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.
Neither, on the other hand, are artificially high prices, the other reason for OPEC's fall from grace.