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OPEC decisions have come to play a prominent role in the global oil-market and in international relations. Economists have characterized OPEC as a textbook example of a cartel [9] (a group whose members cooperate to reduce market competition) but one whose consultations may be protected by the doctrine of state immunity under international law ...
A sentence consisting of at least one dependent clause and at least two independent clauses may be called a complex-compound sentence or compound-complex sentence. Sentence 1 is an example of a simple sentence. Sentence 2 is compound because "so" is considered a coordinating conjunction in English, and sentence 3 is complex.
This strategy, diverging from OPEC's usual approach of production cuts to stabilize prices, contributed further to the oversupply. Global economic conditions also played a significant role. For example, a slowdown in economic growth in major economies, such as China, led to reduced demand for oil.
June: OPEC output falls to 20-year low of 13.7 Mbbl/d (2,180,000 m 3 /d). June: Iran begins hit-and-run raids on Iraq. July: OPEC loses customers to cheaper North Sea oil. More OPEC price cuts. Aug: Saudi Arabia links prices to spot market. Output rises from 2 Mbbl/d (320,000 m 3 /d) in August to 5 Mbbl/d (790,000 m 3 /d) in early 1986.
Examples such as (a-g) are not controversial insofar as many theories of sentence structure readily view the strings tested in sentences (a-g) as constituents. However, additional data are problematic, since they suggest that certain strings are also constituents even though most theories of syntax do not acknowledge them as such, e.g.
From 2004 to 2014, OPEC was setting the global price of oil. [66] OPEC started setting a target price range of $100–110/bbl before the 2008 financial crisis [30]: 10 —by July 2008 the price of oil had reached its all-time peak of US$147 before it plunged to US$34 in December 2008, during the financial crisis of 2007–2008.
According to the Algerian Energy and Mines Minister Chakib Khelil, this mean that in the long term the GECF will move toward becoming a gas OPEC. [12] On 11 December 2009, Russia's Energy Minister Sergey Shmatko stated: "Today we can speak about gas OPEC as a fully fledged international organization. By a unanimous decision a Russian national ...
In linguistics and grammar, a sentence is a linguistic expression, such as the English example "The quick brown fox jumps over the lazy dog." In traditional grammar , it is typically defined as a string of words that expresses a complete thought, or as a unit consisting of a subject and predicate .