Example sentences for: opec

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

  • Mocking futures traders may be fun--actually, it is fun--but they have been crucial figures in the eradication of OPEC's ability to dictate prices.

  • But most estimates suggest that OPEC countries are pumping out 28 million barrels a day already--the quota increase is designed mainly to allow to bring its share of the world market more in sync with its enormous capacity.

  • When OPEC raised its prices far above its production costs, it made sense to develop fields that previously had been too expensive.

  • The Wall Street Journal reports that energy commodity prices soared Thursday because of OPEC's announcement that it will keep oil production low throughout the U.S. winter.

  • 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.


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