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English words and Examples of Usage
use "price of oil" in a sentence
The price of oil is going up.
Fluctuations in the price of oil have fuelled a price war at the gas pumps.
The sudden increase in the price of oil nearly bankrupted the company.
During the 1970s, OPEC raised the price of oil, causing severe shortages in the United States.
One of the aims of OPEC is to stabilize the international price of oil.
Although the price of oil has spiked lately, last time Chatterbox checked it was $25 per barrel, which (factoring out inflation and taxes) was less than it was in 1973 (when oil prices were lower than they were in Global 2000 's benchmark year of 1975).
The NYT front notes that the price of oil, which has nearly doubled since last winter, is inflating gas, heating, and airline ticket prices.
objective in Iraq was to set up a Kurdish state in northern Iraq and to control the price of oil.
In Saudi Arabia, Asharq Al-Awsat said Arab countries were facing a very grave crisis with unforeseeable consequences because of the fall in the price of oil.
Every new OPEC meeting, every new increase in the price of oil, spelled an end to Western hegemony.
Standard faced constant competition both in America and abroad throughout its corporate existence, causing the price of oil to slope ever downward.
The leaders of the United States and the rulers of Saudi Arabia have long had friendly relations, rooted in fundamentally common interests against the Soviet Union during the Cold War, in American hopes that Saudi oil supplies would stabilize the supply and price of oil in world markets, and in Saudi hopes that America could help protect the Kingdom against foreign threats.
The great drawback to the commencement of a cocoa-nut plantation is the total uncertainty of the probable alteration in the price of oil during the interval of eleven years which must elapse before the estate comes into bearing.
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