The phrase "oil mogul" refers to a very wealthy and powerful person who is highly influential in the oil industry. They own or control large oil companies and have significant control over oil production and distribution. Full definition
Take the advice of oil mogul T. Boone Pickens and carry around only the cash that you need for what you intend to buy. (entrepreneur.com)
Multi-billionaire oil mogul, Prince Engr Arthur Eze has stated that he stands to gain nothing from pumping money into the anambra governorship aspiration of Comrade Tony Nwoye. (dailypost.ng)
Also mentioned as possible GOP mayoral contenders: Supermarket / oil mogul John Catsimatidis (another onetime Democrat, though he switched several years ago in advance of a never - realized 2009 mayoral bid) and Democratic Sen. Malcolm Smith. (nystateofpolitics.com)