capping its first weekly drop

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  • quillerbee

    Senior Member
    Canadian English
    Hi thuhoai, it is a play on the word capping, which is used to describe plugging up an opening in an oil well so it does not keep gushing oil. Here, it means "completing". Since June, the price of oil has fallen sometimes from day to day, but it always went up by the end of the week, but now is the first time the price has fallen from one week to the next. The weekly fall is now recorded and complete -- during the week, we were not yet sure.
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