Brent

/brɛnt/

Meaning & Definition

noun

A type of geese belonging to the genus Branta, typically found in the northern hemisphere.

The brent geese migrate to the wetlands during the winter months.

Brent crude, a major trading classification of crude oil originating from the North Sea.

The price of brent oil has seen significant fluctuations in recent months.

Named after the Brent Oilfield located in the North Sea.

Brent crude

A specific type of oil that serves as a pricing benchmark.

Brent-woes

Challenges faced in the oil market relating to Brent prices.

crude oil

Oil in its natural, unrefined state.

OPEC

Organization of the Petroleum Exporting Countries, which influences oil prices.

benchmark

A standard by which something is measured or judged.

To 'Brent out' means to excessively increase prices like Brent crude.

The prices are about to Brent out with the new supply cuts.