The clue for today's Daily American crossword Puzzle is mentioned hereby: "Fuel cartel", we have found possible solution below:
The Crossword clue "Fuel cartel" published 16 time/s & has 1 answer/s.
Best Answer:
OPEC
Understanding Today's Crossword Puzzle
This crossword clue "Fuel cartel" leads us to the answer "OPEC" for several compelling reasons:
- Organization of the Petroleum Exporting Countries (OPEC): OPEC is a well-known international organization created in 1960 by five major oil-producing countries. It works to coordinate and unify the petroleum policies of its member countries.
- Role in the Oil Industry: OPEC plays a significant role in influencing the global oil market through decisions on oil production levels and pricing strategies. As a cartel, it aims to stabilize oil markets and ensure a regular supply of petroleum to consumers.
- Supplier Control: OPEC countries collectively hold a substantial portion of the world's oil reserves and production capacities. Their ability to regulate oil production levels impacts fuel prices worldwide, highlighting their influence in the industry.
Considering these factors, the answer "OPEC" perfectly fits the clue "Fuel cartel" as it embodies an organization that holds significant sway over the fuel industry through its coordinated efforts and policies.
You may be interested in: More answers from “Daily American“:
Click Here >>> (24 July 2024)
Definition of "OPEC"
Organization of the Petroleum Exporting Countries.
The Crossword clue "Fuel cartel" published 16 time/s & has 1 answer/s.
Crossword | Date | Answer |
Daily American | 24 July 2024 | OPEC |
Newsday.com | 29 August 2023 | OPEC |
Thinks.com | 24 March 2011 | OPEC |
Boston Globe | 21 September 2008 | OPEC |
Universal | 11 September 2006 | OPEC |
Eugene Sheffer – King Feature Syndicate | 16 August 2006 | OPEC |
Related clues by the Publisher: Daily American