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Oil industry   /ɔɪl ˈɪndəstri/   Listen
Oil industry

An industry that produces and delivers oil and oil products.  Synonyms: oil business, refining industry.

WordNet 3.0 © 2010 Princeton University

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"Oil industry" Quotes from Famous Books

... implement the market-oriented reforms urged by the IMF, such as to modernize the banking system, to curb inflation by blocking excessive wage demands, and to resolve regional disputes over the distribution of earnings from the oil industry. In 2003, the government began deregulating fuel prices, announced the privatization of the country's four oil refineries, and instituted the National Economic Empowerment Development Strategy, a domestically designed and run program modeled on the IMF's Poverty Reduction and Growth ...
— The 2007 CIA World Factbook • United States

Words linked to "Oil industry" :   industry, refining industry, oil company, oil business, pipeline company

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