Green’s Dictionary of Slang

o.e. n.

[abbr.]

(US black) Old English malt liquor.

[US]Da Bomb 🌐 20: O.E.: Old English beer.
[US]Source Oct. 186: Taking a couple of pulls off a blunt and chasing them down with swigs of O.E.
[US] in W. Shaw Westsiders 12: I’m the only homie that will drink the O.E.