Which of the following can cause oil glut in the International market?

Excess supply over demand can cause an oil glut in the international market. This happens when oil-producing countries or companies produce more oil than the market can absorb or consume. This can be caused by a variety of factors such as overproduction, decreased demand due to a slow economy, or increased use of alternative energy sources. When there is an excess supply of oil, it can lead to a surplus of inventory, which causes the price of oil to fall. Lower prices can make it difficult for oil-producing countries or companies to sustain their operations, as their profits are reduced. This can also have a ripple effect on the global economy, as lower oil prices can lead to decreased inflation, reduced transportation costs, and lower energy prices. In summary, an oil glut occurs when there is too much oil in the market, causing prices to fall due to oversupply. This can happen due to a variety of factors, including overproduction, decreased demand, or increased use of alternative energy sources.