This especially was the case during the "1980s oil glut".

First, gasoline prices fell sharply as a result of the 1980s oil glut.

The market is still concerned about an oil glut.

Economic upheaval caused by a global oil glut in 1986.

As a result of the 1980s oil glut, Houston's real estate market declined.

The oil glut has also resulted from falling production costs and the opening of new regions.

In the late 1970s, the growing international recession and oil glut began to shake Venezuela's economy.

But many analysts doubt the higher prices will hold in these days of oil glut.

The so-called oil glut of 1986 was not an anomaly.

The drop was attributed to the oil glut, which drove down prices.