The Biggest Business Cartel in the World is still the 7 Sisters

The term ‘Seven Sisters’ refers to a group of oil companies that once dominated the global petroleum industry. Originating from a cartel known as the Consortium for Iran, these companies included Anglo-Persian Oil Company (now BP), Gulf Oil, Royal Dutch Shell, Standard Oil of California (now Chevron), Standard Oil of New Jersey (Esso), Standard Oil [...]The post The Biggest Business Cartel in the World is still the 7 Sisters appeared first on Tekedia.

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