What does OIC stand for?

Oil Importing Country

This definition appears very rarely

Other Resources:

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Samples in periodicals archive:

Garis said he expects international oil prices to shoot up to around $70 a barrel by December, but said in the US - the world's top oil importing country - the demand increase would be staggered as the country seems to "owe everybody money at a time when it itself needs more money to stimulate the economy.

China can trigger crude price rebound

The US is the largest oil importing country and recent rise in oil prices at global level has driven the country to look seriously for the development of biofuel industry.

The US Biofuel Industry Especially Ethanol Production Is Expected To ...

Yesterday, crude oil futures for March delivery in the US, the world's biggest oil importing country, were trading below $36 a barrel on the New York Mercantile Exchange, in early trade.

Report forecasts surge in GCC oil earnings