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Slippery slick – The Hindu Apr 17, 2018 

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Slippery slick – The Hindu Apr 17, 2018 

After a sharp fall at the beginning of the year, oil prices have risen dramatically in recent weeks. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Today’s Word List-1 

  1. slippery (noun) – evasive, unreliable, unpredictable.
  2. slick (noun) – smooth and persuasive but untrustworthy.
  3. tie someone (up) in knots (phrase) – make someone confused.
  4. Brent crude (noun) – a classification of crude oil produced from the oil platform in the North Sea.
  5. volatility (noun) – the state of being legally responsible to change in a very sudden or extreme way.
  6. owing to (phrase) – because of, as a result of, on account of.
  7. glut (noun) – surplus, excess, oversupply.
  8. shale supply (noun) – supply of shale oil. Shale is a fine-grained sedimentary rock in which natural gas is trapped underground. Shale oil is an unconventional (crude) oil produced from this type sedimentary rock.
  9. in the offing (phrase) – on the way, coming soon, likely to happen.
  10. in sync (phrase) – in agreement.
  11. call for (phrasal verb) – necessitate, demand, warrant/justify.
  12. roller-coaster mode (noun) – (figuratively) an experience with unexpected highs and lows, sudden and rapid changes in a short period of time.
  13. factor in (phrase) – included/added as a factor/point when making a decision.
  14. assertion (noun) – declaration, contention, statement.
  15. ally (verb) – combine, join, merge.
  16. moderate (verb) – lessen, decrease, reduce.
  17. reluctant (noun) – unwilling, disinclined, opposed.
  18. scale down (phrasal verb) – reduce, lower, decrease.
  19. in the face of (phrase) – when confronted with, despite, notwithstanding, regardless of.
  20. fly (verb) – display, show, exhibit.
  21. ostensibly (adverb) – apparently, seemingly, allegedly.
  22. litmus test (noun) – indicative test, measure/gauge, index.
  23. deregulation (noun) – the removal of regulations in a industry.
  24. reformist (adjective) – modern, new/advanced, forward-looking.
  25. credentials (noun) – achievement, aspect, quality.

Today’s Word List-1  

Note:   

  1. Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
  2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. Use it with the corresponding article published on the source (website) via the link provided. 
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