oil glut

基本解释

Iraq is committed to achieving producers' joint goals to control the oil glut in world markets.
伊拉克将致力于实现产油国的共同目标，以控制全球市场的石油供应过剩。
Opec has delivered a second major oil shock, followed by a world recession and oil glut in 1980-1981.
石油输出国组织发动了第二次大规模的石油冲击，接踵而来的是1980-1981年的世界性衰退和石油过剩。
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.
全球石油供给过剩，国际油价延续着一年来的大幅滑坡势头。有分析师预计油价将进一步下跌，之后才能好转。

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