oil cartel 1
noundomain: group
Princeton WordNet [ver.3.1]
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EnglishDefinition
a cartel of companies or nations formed to control the production and distribution of oil
Hypernym
trust 4
noun
a consortium of independent organizations formed to limit competition by controlling the production and distribution of a product or service
EnglishHyponym
an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum
