Sentences with phrase «oversupplied market»

"Oversupplied market" refers to a situation where there are more products or services available than there is demand or need for them. It means that there is an excess supply, leading to a surplus of goods or services in the market. Full definition
I could also go on about how many good people I know are caught in oversupplied markets, and how every day they wake up, feeling chilled to the bone with dread and unease.
Day, after the lifting of sanctions on Iran, which allows that nation to saturate an already oversupplied market with oil, the price of a barrel of Brent Crude fell to less than $ 28 per barrel.
In the session, «A Deep Dive into Seniors Housing Local Market Conditions,» NIC Chief Economist Beth Burnham Mace identified oversupplied markets (Texas) as well as generally healthy areas (California).
The wounds of the low - price period of 2013 - 15 are still fresh and supply discipline remains the motto for fear of oversupplying the market.
Vermont oversupplies its market the most, with 5.43 new law grads for every available law job, but Vermont is also likely an outlier given a tiny population.
Successful US shale production over the last few years combined with the decision of the Organization of the Petroleum Exporting Countries (OPEC) and Saudi Arabia in particular not to cut production has added to an already oversupplied market.
In the session on local markets, NIC Chief Economist Beth Burnham Mace identified oversupplied markets (Texas) as well as generally healthy areas (California).
This tragedy is echoed in pounds and shelters all across the country (with the exception of a handful of shelters with a «no kill» policy) yet unscrupulous kitten farmers and backyard breeders continue to oversupply the market with «fresh» animals.
Most analysts said the oversupplied market would not begin to draw down stocks until early next year, but the disruptions and demand helped give a near - term boost to markets that are grappling with crude production that is exceeding demand by 1 million to 2 million barrels per day (bpd).
A monthly report also showed OPEC's production was little changed in January as the group continues to limit its output for a second year in order to balance an oversupplied market.
The world's biggest LNG buyers, all in Asia, are increasingly clubbing together to secure more flexible supply contracts in a move that shifts power to importers from producers in an oversupplied market.
The banks say global oil demand and OPEC - led production cuts have tightened an oversupplied market more quickly than they anticipated.
On top of all that, Iran isn't making it easy for oil prices, as they recently had sanctions removed and are back pumping oil, adding even more of the commodity to the oversupplied market.
«When you're in an oversupplied market like we're in, you have to find new markets,» says Marsh.
While companies would like the Saudis to defend world prices by lowering output, in the current paradigm the onus is now on the world's high cost producers to exit an oversupplied market.
(Goldman, by the way, said he has some sympathy for the American industry's charge that Canada was oversupplying the market.
The smaller - than - expected weekly surplus adds ammunition for bulls who think the oversupplied market could come into a better balance by winter.
Saudi Arabia's decision to push volume into an oversupplied market is largely responsible for keeping prices lower for longer.
Authors and publishers face an oversupplied market and a steady level of reader interest and spending.
«Ras Al Khaimah is close to Dubai, and we can have packages for people staying in Dubai as well as Ras Al Khaimah: it has an airport, and today it is not an overcrowded or oversupplied market,» said Nehme Darwiche, the chief executive of Jannah Hotels & Resorts.
«Ras Al Khaimah is close to Dubai, and we can have packages for people staying in Dubai as well as Ras Al Khaimah: it has an airport, and today it is not an overcrowded or oversupplied market,» said Nehme Darwiche, chief executive of Jannah Hotels & Resorts.
And even in the American Midwest and Northeast, nuclear plants have been at very high risk of closure because they've been forced to pay an economic penalty, and an oversupplied market, resulting from federal subsidies — now a quarter century old — to wind developers, and from their exclusion from state clean energy mandates.
«As recent events demonstrated, the security of natural gas supplies can not be taken for granted even with the current low price environment and oversupplied market,» said Dr Fatih Birol, the IEA's executive director.
China has become a dominant force globally in wind and solar manufacturing and deployment; their supply chains are capable albeit recently consolidated with wavering demand in an oversupplied market.
Yet the collapse of carbon prices is partly due to «a new system introduced this month to auction allowances,» which has added «millions more allowances... to an already oversupplied market each week.»
On the contrary if the estimated normal vacancy rate is 5 % and the prevailing market vacancy rate is 8 %, this would suggest an oversupplied market in which rents should be declining.
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