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• n  the quality of being so overabundant that prices fall
• v  supply with an excess of

• After coping with a post-911 slowdown and an oversupply of grapes, the global wine market is regaining the tremendous growth it enjoyed in the '90s, and one leading reason is Gallo.
• Yet fewer and fewer young people are choosing to go into primary care careers (instead, we are getting an oversupply in specialties like ophthalmology, radiology, anaesthesiology .
• There was a massive oversupply of computer chips from Samsung, Micron and others on the market even before the recession hit.

• glut
• surfeit
• flood

News & Articles

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• Allana Says Concerns for Potash Supply Glut Overblown
  Allana Potash Corp., the Canadian developer of a $642 million potash mine in Ethiopia, says predictions of a global oversupply of the crop nutrient are overblown because competing projects are being put on hold.
  June 10, 2013 - Bloomberg

Quotes

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• Edmund Daukoru in International Herald Tribune
  Daukoru said oil prices had been softening because of milder-than-usual winter weather and because "there is a substantial oversupply in the market and new non-OPEC production is expected to come on-stream very soon."
• President Bush in FOXNews
  Bush said "it's going to take time to work through this oversupply" in the housing market, but suggested that the financial market may need additional help.
• The Monster Abyss in Economic Times
  There is no discipline,said Chris Park, a senior analyst at Moody's Corporate Finance Group. "Steelmills suffer very often from oversupply, price correction and margin loss too."