oil cartel

1. 1.

   a cartel of companies or nations formed to control the production and distribution of oil

   Broadertrust

   NarrowerOrganization of Petroleum-Exporting Countries

Questions about oil cartel

What does oil cartel mean?

oil cartel means "a cartel of companies or nations formed to control the production and distribution of oil".

Is oil cartel a common word?

oil cartel is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.