oil cartel
English Thesaurus
1. a cartel of companies or nations formed to control the production and distribution of oil (noun.group)
hypernym | : | cartel, combine, corporate trust, trust, |
definition | : | a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service (noun.group) |
hyponym | : | opec, organization of petroleum-exporting countries, |
definition | : | an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum (noun.group) |
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