1.   ...a world oil glut.

2.   Beyond this, an oil glut now can all too easily produce an oil crisis later.

3.   A world oil glut kept fuel prices and, consequently, inflation down.

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

5.   But, should things improve -- and Russia and China have their way -- its production will kick into gear and add to the oil glut.

6.   Confidence that an oil glut is unlikely grew after it was reported that Iran and Libya said they had reached production capacity, Hoffman said.

7.   Crude prices fell on expectations that an oil glut may result from higher production quotas adopted by the Organization of Petroleum Exporting Countries and increased exports from Iraq.

8.   Crude prices fell on expectations that an oil glut may result from increased exports from Iraq and higher production quotas adopted by the Organization of Petroleum Exporting Countries.

9.   Formed last March, the coalition of producers, which have all lost billions in revenues because of the oil glut, has already managed substantial production cuts.

10.   He cited stable oil prices, lower chances of an oil glut this winter and higher-than-expected natural gas prices.