: any of numerous unctuous combustible substances that are liquid or can be liquefied easily on warming, are soluble in ether but not in water, and leave a greasy stain on paper or cloth
Noun The price of crude oil is expected to rise. We heat our house with oil. A little bit of oil will help lubricate the chain. Add a little oil to the pan and stir-fry the onions. The dressing is made with oil, vinegar, and a pinch of herbs. Verb He oiled the bearings of the machine. if you oil the machinery on a regular basis, it will operate more efficiently See More
Recent Examples on the Web
Noun
While gasoline demand has decreased, fluctuating oil prices have led to smaller pump price decreases. Frank Witsil, Detroit Free Press, 19 Sep. 2022 A year later, oil prices plunged and the proposal languished. Stephanie Mencimer, WIRED, 17 Sep. 2022 While food inflation in August was not too different in rural and urban India, the gap was around 100 bps in March when crude oil prices spiralled after the Ukraine war broke out. Mimansa Verma, Quartz, 14 Sep. 2022 Those kinks were working themselves out when Russia’s invasion of Ukraine in February sent oil prices into the stratosphere. Larry Edelman, BostonGlobe.com, 13 Sep. 2022 High oil prices have hurt Alaska consumers but helped refill state coffers after more than a decade of deficit spending. Sean Maguire, Anchorage Daily News, 9 Sep. 2022 Meanwhile, extended coronavirus shutdowns in China continued to send oil prices lower on expectations of less demand. Peyton Forte, Washington Post, 9 Sep. 2022 Both Sitio and Brigham have been pursuing a consolidation strategy in the oil-rich Permian basin of West Texas and New Mexico, making substantial acquisitions this year. Benoît Morenne, WSJ, 6 Sep. 2022 Basra is the main oil-producing city in Iraq and now violence has spread from Baghdad to the south. Adam Pourahmadi And Abbas Al Lawati, CNN, 2 Sep. 2022
Verb
Employees at the Ithaca location, located near the Cornell University campus, in April voted to unionize and mounted a one-day strike, saying an overflowing grease trap had spilled wastewater and oil onto the floor, making the store unsafe. Josh Eidelson, BostonGlobe.com, 5 June 2022 So if the demand is there and the price is high, why don't oil producers compete with each other to eat up the excess demand? Q.ai - Powering A Personal Wealth Movement, Forbes, 3 June 2022 Should oil prices persist at their current elevated levels, TotalEnergies profits and share price could continue to soar. David Trainer, Forbes, 8 June 2022 Employees at the Ithaca location, located near the Cornell University campus, in April voted to unionize and mounted a one-day strike, saying an overflowing grease trap had spilled wastewater and oil onto the floor, making the store unsafe.Fortune, 4 June 2022 Simply cut them in half, remove the pit, oil them well and grill over medium-low heat unit the juice starts to bubble, the surface gets caramelized and the fruit begins to slump into a sweet, sloppy mess. Mackensy Lunsford, USA TODAY, 27 May 2022 This makes broad spectrum oil a good choice for those who want the benefits of CBD without the risk of THC.The Salt Lake Tribune, 15 May 2022 Why can oil move down but wholesale gas prices move up? Irina Ivanova, CBS News, 13 May 2022 How quickly can oil from the reserve enter the market?NBC News, 1 Apr. 2022 See More
Word History
Etymology
Noun
Middle English oile, from Anglo-French, from Latin oleum olive oil, from Greek elaion, from elaia olive