oversupply in A Sentence

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    Now, it's a simple matter of Oversupply.

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    Additionally, the shipping industry still shows an Oversupply in tonnage, and faces arduous and continued challenges this year.

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    Global liquefied natural gas(LNG) production jumped in 2019, triggering Oversupply and low prices that are expected to persist in 2020.

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    But since the waiver announcement, prices have fallen on concerns about Oversupply, as well as a slowdown in global trade.

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    Financial restructurings have enabled the industry to take at least tentative steps toward reducing market fragmentation and vessel Oversupply.

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    Sometimes they are simply unable to cope with such an Oversupply of feelings, which each time exerts increasing pressure on them.

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    However, COSCO said the delivery of a number of new large ships had worsened the industry's current Oversupply of vessels, pressuring rates.

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    Political and financial problems[clarification needed] led to very low oil prices due to Oversupply, causing most metals to also become much cheaper.

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    However, the official, who declined to be identified as he was not authorised to speak to media, said that Oversupply had been gradually easing.

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    However, as the shipbuilding industry continues to face the crisis of Oversupply, it was pointed out that it should be restructured into the Big 2 system.

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    This is because US oil production is now rising so sharply that there is a risk of renewed Oversupply if OPEC does not voluntarily renounce market share.”.

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    Global prices of liquefied natural gas(LNG) will face pressure from Oversupply over the next two to three years, particularly in warmer months, top energy trader Vitol said on Wednesday.

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    The International Energy Agency(IEA) on Friday said that global oil markets had recovered quickly from the Saudi attacks and even face Oversupply next year as global demand slows.

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    With the market on course for Oversupply, oil prices needed to fall from recent highs to curb production, boost consumption and avert a large buildup in excess inventories in 2019.

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    Some observers have expressed surprise at how quickly market commentary has shifted from the need for more oil to concerns about Oversupply, but the speed of the shift is not unusual.

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    Mr. Singh added that as per the projected demand-supply situation, global Oversupply would persist in the near future and there is a need for protracted trade measures to provide the Indian steel industry with a level playing field.

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    After years of declining orders due to low oil prices and an Oversupply of rigs and supply vessels, Singapore's offshore and marine industry is hoping that demand will return as oil majors ramp up spending on exploration and production.

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