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Oil & Gas Financing

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Oil Definition

–noun
1. any of a large class of substances typically unctuous, viscous, combustible, liquid at ordinary temperatures, and soluble in ether or alcohol but not in water: used for anointing, perfuming, lubricating, illuminating, heating, etc.
2. a substance of this or similar consistency.
3. refined or crude petroleum.
4. Painting.
a. oil color.
b. oil painting. c76
5. Informal. unctuous hypocrisy; flattery.
6. an oilskin garment.
7. Australian and New Zealand Slang. facts or news; information: good oil.
–verb (used with object)
8. to smear, lubricate, or supply with oil.
9. to bribe.
10. to make unctuous or smooth: to oil his words.
11. to convert into oil by melting, as butter.
–adjective
12. pertaining to or resembling oil.
13. using oil, esp. as a fuel: an oil furnace.
14. concerned with the production or use of oil: an offshore oil rig.
15. made with oil.
16. obtained from oil.
17. pour oil on troubled waters, to attempt to calm a difficult or tense situation, as an argument.
18. strike oil,
a. to discover oil, esp. to bring in a well.
b. to have good luck, esp. financially; make an important and valuable discovery: They struck oil only after years of market research.
From Dictionary

Related topics from Britannica

  • oil
    any greasy substance that is liquid at room temperature and insoluble in water. It may be fixed, or nonvolatile, oil; essential oil; or mineral oil (see petroleum).
  • castor oil
    nonvolatile fatty oil obtained from the seeds of the castor bean, Ricinus communis, of the spurge family (Euphorbiaceae). It is used in the production of synthetic resins, plastics, fibres, paints, ...
  • fuel oil
    fuel consisting mainly of residues from crude-oil distillation. It is used primarily for steam boilers in power plants, aboard ships, and in industrial plants. Commercial fuel oils usually are ...
  • whale oil
    any oil derived from any species of whale, including sperm oil from sperm whales, train oil from baleen whales, and melon oil from small toothed whales.
  • tung oil
    pale-yellow, pungent drying oil obtained from the seeds of the tung tree. On long standing or on heating, tung oil polymerizes to a hard, waterproof gel that is highly resistant to acids and ...
  • cohune oil
    oil obtained from the kernels of the fruits, or nuts, of the cohune palm tree, Attalea cohune. The tree grows in western Central America from the Yucatan Peninsula to Honduras. The oil's properties, ...
  • Shengli oil field
    oil field in Shandong province, China, one of the country's major sources of petroleum. Consisting of about 40 small fields, it is located southeast of Beijing, near the Bo Hai (Gulf of Chihli) and ...
  • shale oil
    synthetic crude oil that is extracted from oil shale by means of pyrolysis, or destructive distillation. In this process, intense heat breaks down a waxy organic matter called kerogen that is ...
  • oil shale
    any sedimentary rock containing various amounts of solid organic material that yields hydrocarbons, along with a variety of solid products, when subjected to pyrolysis-a treatment that consists of ...
  • citronella oil
    member of a class of naturally occurring organic substances called terpenes. Citronella oil is obtained from the leaves of the oil grasses Cymbopogon nardus and C. winterianus. The oil has a wide ...
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