All articles tagged with #market oversupply
The article discusses the problem of oversupply in the video-game industry, highlighted by a busy September with many top-rated releases like Hades II, illustrating broader market challenges due to an excess of games.
U.S. crude oil prices fell 4% after Saudi Arabia cut its prices, raising concerns about oversupply and weakening demand. The market is grappling with record U.S. crude production, softening demand in China, and geopolitical tensions in the Middle East. Despite rising tensions, the global oil market remains well supplied, with the U.S. pumping an estimated 13.2 million barrels per day and increasing crude exports. Saudi Arabia's price cut is seen as an attempt to maintain market share and undercut competitors, but there are concerns that it could lead to a price war if unsuccessful.