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:
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.