Meaning & Definition of word "Brent"
Brent
/brɛnt/
noun:
- 1. A type of geese belonging to the genus Branta, typically found in the northern hemisphere.
- Example: The brent geese migrate to the wetlands during the winter months.
- 2. Brent crude, a major trading classification of crude oil originating from the North Sea.
- Example: The price of brent oil has seen significant fluctuations in recent months.
Etymology
●Named after the Brent Oilfield located in the North Sea.
Common Phrases and Expressions
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.
Related Words
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.
Slang Meanings of brent
Meaning: To 'Brent out' means to excessively increase prices like Brent crude.
● Example Sentence: The prices are about to Brent out with the new supply cuts.