The Hindu Editorial (Price freeze) – May 08, 2018

The price of oil has been shooting up for weeks now, with Brent crude oil futures hitting their highest level in more than three years on Monday, at more than $75. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Price freeze) – May 08, 2018.

This preview is provided here with permission.

Courtesy: The Hindu

Today’s word list-2 for The Hindu Editorial (Price freeze) – May 08, 2018:  

1. freeze (noun) – an act of keeping something at a fixed state.
2. set back (phrasal verb) – delay, hinder, impede.
3. shoot up (phrasal verb) – rise, go up, soar/surge (price/amount).
4. Brent crude (noun) – a classification of crude oil produced from the oil platform in the North Sea.
5. glaring (adjective) – obvious, blatant, flagrant.
6. uptrend (noun) – an upward tendency.
7. owing to (phrase) – because of, as a result of, on account of.
8. steep (adjective) – sharp, sudden, rapid.
9. rally (verb) – increase after a decline.
10. volatility (noun) – the state of being legally responsible to change in a very sudden or extreme way.
11. regime (noun) – system, plan, scheme.
12. fortnightly (adjective) – happening every two weeks.
13. inelastic (adjective) – insensitive/unconcerned to changes in price.
14. keep pace with (phrase) – progress at the same speed as.
15. withhold (verb) – hold back, control, stop.
16. refrain (verb) – stop, desist/abstain, hold back.
17. in the wake of (phrase) – aftermath, as a result of, because of.
18. offload (verb) – transfer, shift, jettison.
19. purview (noun) – range, scope, ambit.

Today’s word list-2 for The Hindu Editorial (Price freeze) – May 08, 2018:

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. 

3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.

“Phrasal Verbs” We Learnt Last Week

“Idioms & Phrases” We Learnt Last Week

“Important Definitions” We Learnt Last Week