How oil price volatility explains these uncertain times By TOM THERRAMUS, 2016/03/01. As oil prices gyrate vigorously in the $30 range, oil-price.net reflects on how surging oil price volatility, the measure of variation in the oil price, is playing out in the oil and stock markets. More Articles:
Cronyism is a more specific form of favoritism, referring to partiality towards friends and associates. Cronyism occurs within a network of insiders-the good ol' boys, who confer favors on one another. Nepotism is an even narrower form of favoritism.
informal, derogatory. A close friend or companion. âhe went gambling with his croniesâ. âWhen I'm out with my grandfather and his cronies, they all seem to leer at me and behave like horny stags in rutting season.â. âCritics dismissed him as a political crony with little emergency-services experience.â.