The Seven Sisters

The Seven Sisters refers to seven major oil companies that dominated the global petroleum industry in the mid-20th century. These companies are Exxon, Mobil, Chevron, Gulf Oil, Texaco, Royal Dutch Shell, and BP. They played a crucial role in the exploration, production, and distribution of oil, significantly influencing economies and geopolitics worldwide. The term highlighted their collective power in the oil market, impacting prices and policies. While their dominance has diminished with the rise of national oil companies, the Seven Sisters remain a significant part of oil industry history.