Definition of «current glut»

The phrase "current glut" means there is currently an excessive or oversupply of something, usually referring to a product or resource.

While most people are focused on the current glut of crude oil, soon we will start to focus on production destruction. (resourceinvestor.com)
Along with the current glut of courgettes here in the UK, there seems to be a corresponding glut of courgette cake recipes. (tinandthyme.uk)
With the current glut of midfielders, Arsenal do not need all of these players. (justarsenal.com)
(see all sentences)