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"This slowdown in oil demand is serving to exacerbate the situation in a market which has been oversupplied with crude for some time," OPEC said in its statement.
New York, after all, has always been oversupplied with those who pride themselves on their tables, competing to populate them with lively strivers who do their social networking not on tiny, glowing screens but cheek by jowl.
It has been oversupplied with my favorite brand of cologne all day, and with the Christmas shopping season over in just a few hours, there are signs of panic sweeping across the store's entire male-fragrance sector.
Even though the LNG market has been oversupplied, it's good time to add LNG export capacity because it takes years for commissioning.
The market has been oversupplied for quite some time, and while supplies have retreated, demand is now suddenly looking not quite as robust as many had thought.
Similar(55)
We have been oversupplying the marketplace with degree-qualified graduates who are underwhelming our corporate HR departments.
There are, however, other avenues by which the body can be oversupplied with thyroid hormones.
Where housing is oversupplied, prices will have to fall, inflicting losses on homeowners.
"The reason I gave you these numbers is to show you that the market is oversupplied".
"You're talking about building more space in a market that's oversupplied," he continued.
And if it's oversupplied, we will see the market is more prone to a crash, right?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com