oil glut

基本解释

Iraq is committed to achieving producers' joint goals to control the oil glut in world markets.
伊拉尅將致力於實現産油國的共同目標，以控制全球市場的石油供應過賸。
Opec has delivered a second major oil shock, followed by a world recession and oil glut in 1980-1981.
石油輸出國組織發動了第二次大槼模的石油沖擊，接踵而來的是1980-1981年的世界性衰退和石油過賸。
dict.site
Crude oil prices are continuing their yearlong plunge amid the global oil supply glut and some analysts think the commodity's decline will only get worse before it gets better.
全球石油供給過賸，國際油價延續著一年來的大幅滑坡勢頭。有分析師預計油價將進一步下跌，之後才能好轉。

But by then the oil shortage of the 1920s had turned into an oil glut, thanks to new discoveries in places like east Texas.
FORBES: Magazine Article
Vahan Janjigian , editor of Forbes Growth Investor, believes the likely short-term consequence of a successful regime change in Iraq would be an oil glut--not a shortage.
FORBES: Magazine Article
In May, Enbridge, a Canadian company, reversed the flow of a big North American oil pipeline, sending a glut of oil from America's northern plains southward to coastal refineries.
ECONOMIST: Petrol prices