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  1. Dictionary
    barrel
    /ˈbarəl/

    noun

    • 1. a cylindrical container bulging out in the middle, traditionally made of wooden staves with metal hoops round them: "the wine is then matured in old barrels"
    • 2. a tube forming part of an object such as a gun or a pen: "a gun barrel"

    verb

    • 1. drive or move in a way that is so fast as to almost be out of control: informal North American "we barrelled across the Everglades"
    • 2. put into a barrel or barrels: "when the young spirit is barrelled, it absorbs some of this flavour"

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  2. www.investopedia.com › terms › cWhat Are Commodities and Understanding Their Role in the Stock...

    Jun 27, 2024 · A barrel of oil is basically the same product, regardless of the producer. The same goes for a bushel of wheat or a ton of ore. By contrast, the quality and features of a given...

  3. commodity.com › energy › oilToday’s Oil Price: Brent Crude & WTI Oil Prices Today

    2 days ago · Oil prices are quoted per barrel, or ‘bbl’. The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well as Mbbl (one million barrels) or Kbbl for one thousand barrels.

  4. en.wikipedia.org › wiki › Price_of_oilPrice of oil - Wikipedia

    5 days ago · The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil —a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS).

  5. www.investopedia.com › terms › pPetrodollars: Definition, History, Uses - Investopedia

    Jun 17, 2024 · Petrodollars are crude oil export revenues denominated in U.S. dollars. The term gained currency in the mid-1970s when soaring oil prices generated large trade and current account...

  6. www.vocabulary.com › dictionary › barrel-shapedBarrel-shaped - Definition, Meaning & Synonyms | Vocabulary.com

    Jun 23, 2024 · adjective. having the general shape of a barrel. synonyms: circular, round. having a circular shape. Cite this entry. Style: MLA. "Barrel-shaped." Vocabulary.com Dictionary, Vocabulary.com, https://www.vocabulary.com/dictionary/barrel-shaped. Accessed 02 Jul. 2024. Copy citation. Examples from books and articles. loading examples... Word Family.

  7. www.cbsnews.com › news › hurricane-beryl-caribbean-multipleHurricane Beryl is a historic storm. Here's why. - CBS News

    2 days ago · Beryl then gained more power, becoming the earliest Category 4 Atlantic hurricane on record and then, on July 1, the earliest to reach Category 5. "Beryl is an extremely dangerous and rare ...

  8. en.wikipedia.org › wiki › Peak_oilPeak oil - Wikipedia

    Jun 28, 2024 · Peak oil is the theorized point in time when the maximum rate of global oil production will occur, after which oil production will begin an irreversible decline. [2] [3] [4] The primary concern of peak oil is that global transportation heavily relies upon the use of gasoline and diesel fuel.