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.
OPEC's production decisions still make a splash on the spot-price and futures markets, which have also been roiled by the announcement that Iraq will be allowed to resume its oil-for-food sales.
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.
When OPEC met at the end of last month and decided to expand its production quota by 2.5 million barrels a day, the announcement was front-page news, but the contrast with OPEC meetings of two decades ago could not have been sharper.
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.