oil industry
34
3.0
- noun
- /ɔɪl ˈɪndəstri/
:
industria petrolera
- The oil industry and the automobile companies are resistant to change.
- domestic oil industry
- investment in the oil industry
- offshore oil industry
He knew that if he could control refining, he could control the entire oil industry.
- He knew that if he could control refining, he could control the entire oil industry.
- I'm saying, do you not think that it was industry that got us into Iraq, oil industry?
- But we, you know, we, we, we sued the oil industry, which are the big eight companies under a new, you know, shared monopoly kind of theory.
Examples
-
In the meantime, Dr. Mossadegh continued his quest and succeeded in nationalizing the nation's oil industry.
Academic text (1996) -
Until the late 1980s, the Soviet oil industry was closed to the outside world.
Academic text (1993) -
Of all the interests involved, the one with the most to lose was the oil industry.
Academic text (1992) -
Let us now focus on recent developments in the oil industry itself.
Academic text (1994) -
Western oil companies dominated the global oil industry and collected most of its profits.
Academic text (2011) -
In these nations, the oil industry is preoccupied with the costs of staying in business.
Academic text (1993) -
Well, this is good news for motorists, it's bad news for Scotland's oil industry and thousands of workers.
-
Qassemi is well aware of the dire state of the Iranian oil industry.
Academic text (2012) -
PDVSA was founded when the Venezuelan oil industry was nationalized on 1 January 1976.
Academic text (1999) -
The oil industry plays a crucial role in the global economy by providing energy and jobs.
Synonyms
12
3.2
Large companies in the oil industry that have much money and political power
12
3.4
An industry that finds, produces, and sells oil and fuel
Antonyms
How Big
Surface Forms
Morphology
The meaning 'the sector of business involved in oil production and distribution' is directly and compositionally derived from 'oil' (the commodity) plus 'industry' (a sector of business). This noun–noun compound follows a common, cross-linguistic pattern, so a B1 learner who knows both constituents will readily infer the MWE meaning.
Etymology
Oil industry comes from the simple idea of many businesses built around oil: searching for it, taking it from the ground, making it ready to use, and selling it. That's why oil industry means the whole 'part of business' that does these jobs with oil.