oil crisis

collocation in English

meanings of oiland crisis

These words are often used together. Click on the links below to explore the meanings. Or, see other collocations with crisis.
oil
noun
uk /ɔɪl/ us /ɔɪl/
petroleum (= the black oil obtained from under the earth's surface from which ...
See more at oil
crisis
noun
uk /ˈkraɪ.sɪs/ us /ˈkraɪ.sɪs/
a time of great disagreement, confusion, ...
See more at crisis

Examples of oil crisis

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
As long as oil-consuming countries continue to maintain oil reserves that can be used to cushion supplies, the prospects for future oilcrisis decline.
Efforts to diversify the economy floundered as the exogenous shock of the early 1970s oilcrisis impacted on the world economy.
After the second oilcrisis, unemployment figures reached an all time high of 800,000 in 1984.
At the end of 1973, oil prices rose sharply, due to the oilcrisis.
Pressures to tighten the net of prudential supervision emerged after several failures of large central banks, particularly after the second oilcrisis in 1979.
During the oilcrisis in 1973 and thereafter, however, consumer sentiment was much more reactive to uncertainty about the future of the economy.
However, it was not until the 1973 oilcrisis that the drive to create large scale oil infrastructure projects accelerated.
The next two decades brought sustained challenge in the forms of race issues, riots, antipoverty programs, and oilcrisis.
The oilcrisis and the downturn in primary commodity prices soon exposed the export-dependent economy and government reliance on patronage.
Completed in 1972, the project fell foul of the conservationists and the oilcrisis.
Several additional factors contributed to this, the most dominant being the effects of the 1973\\74 oilcrisis on welfare expenditure.
Commodity prices went up sharply following the oilcrisis, and led to over-investment on the part of the state.
In the 'low growth' climate following the 1973-74 oilcrisis, their progressive leadership based on social consumption did little to maintain a healthy management of local finance.
In 1973, due to the worldwide oilcrisis, new regulation of the electricity sector was urged in order to change the electricity generation mix, reduce oil dependency and save energy.
Let us take one case: the tax reduction measures adopted last year as a result of the oilcrisis.
From Europarl Parallel Corpus - English
It has carried on ever since with even greater emphasis following the oilcrisis last year.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
There have been significant changes in the world economy since the project was launched, brought about, of course, by the oilcrisis, in particular.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The balance of payments has suffered enough because of the oilcrisis.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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