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oversupply
Example Sentences
The latest U.S. push to bring an end to the war has reduced the geopolitical risk premium supporting oil prices in a market concerned about oversupply.
Kaneva doesn’t think that producers will allow the oversupply to get that bad, however.
Kaneva doesn’t think that producers will allow the oversupply to get that bad, however.
A downturn in U.S. diesel and European gasoil futures on prospects of the U.S. eventually lifting Russia sanctions has weakened one of the recent supports for crude, while concerns about oversupply remain.
Unlike oil prices—which have been falling because of an oversupply—the natural gas market is more balanced.
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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
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