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:

When OPEC raised its prices far above its production costs, it made sense to develop fields that previously had been too expensive.
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.
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.
Neither, on the other hand, are artificially high prices, the other reason for OPEC's fall from grace.
In part, that's simply because OPEC has proved incapable of successfully restricting its output.