Definitions
There is 1 meaning of the phrase
Oil Industry.
Oil Industry - as a noun
An industry that produces and delivers oil and oil products
Synonyms (Exact Relations)
oil businessrefining industryExample Sentences
"The oil industry is a major source of revenue for many countries."
"The oil industry is facing challenges due to the decreasing global demand for fossil fuels."
"Investments in the oil industry have been declining due to concerns about climate change."
"The oil industry contributes significantly to greenhouse gas emissions."
"Countries like Saudi Arabia and Russia heavily rely on the oil industry for economic stability."